Jul
31
Real Properties Sells SC Power Center for $22M
ByBuilt in 2001, the 140,000-square-foot Low Country Village was 100 percent occupied at the time of sale by 14 tenants.
Real Properties of America Inc. sold Low Country Village, a power center in Bluffton, S.C. to a private California buyer for $22.1 million. Matthews Real Estate Investment Services‘ Senior Vice President & Regional Director of Shopping Centers Scott Henard, arranged the sale on behalf of RPAI.
FULL OCCUPANCY
Built in 2001, the 140,000-square-foot power center was 100 percent occupied at the time of sale by 14 tenants. Notable retailers include Pier 1 Imports, Cost Plus World Market, Ross Dress for Less, Big Lots and Michaels. The property is located between two Tanger Factory Outlet Centers just outside of Hilton Head…
