News, Transactions

Grocery Anchored Center Changes Hands in Myrtle Beach

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NAI Charleston is pleased to announce the successful transaction of a grocery anchored shopping center located on International Drive in Myrtle Beach, SC.

The center, anchored by a high performing Lowes Foods, totals approximately 57,650 SF and includes a diverse mix of national and local tenants. Situated on a high traffic corridor within a growing coastal market, the property is a great fit for our investors seeking stable, income producing retail assets.

Thomas Boulware, SIOR, CCIM and Michael Branch represented the buyer in the investment sale, and Drew Parks of Coldwell Banker Commercial represented the seller.

“We are grateful for the opportunity to represent the buyer in the acquisition of this Lowes Foods anchored center in Myrtle Beach,” said Michael. “It is a high-quality asset in a strong, growing market, and we believe it will be an excellent long-term investment for our client.”

For more information on the transaction, contact Thomas Boulware, SIOR, CCIM at 843.270.9124 / tboulware@naicharleston.com or Michael Branch at 843.224.3768 / mbranch@naicharleston.com.

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