Cushman & Wakefield has arranged the $10.8 million sale of Westwood Plaza, an 83,354-square-foot community shopping center in Greenwood, SC. Margaret Jones and Lane Breedlove of Cushman & Wakefield’s Retail Investment Advisors group represented the seller in the transaction with Prudent Growth Partners as buyer.
Jones, senior director at Cushman & Wakefield commented that “Westwood Plaza is a highly sought-after property by investors which demonstrates strength of fundamentally sound retail even amid today’s everchanging environment.” The retail property is situated at 512 Bypass 72 NW and anchored by Planet Fitness, Dollar Tree (with a recent lease extension), Popshelf (recently opened) and shadow anchored by Walmart. Five out of twelve current tenants have occupied space for more than 20 years while there has been robust leasing momentum with new additions such as Popshelf and Bath & Body Works recently joining Westwood Plaza’s tenant roster.
