Patton Square Shopping Center in Woodruff, South Carolina, has been acquired by Pro Vest Properties for $7.3 million dollars. SRS Real Estate Partners brokered the deal for the seller, an affiliate of Chen Development.
“Patton Square is a solid grocery-anchored neighborhood center with minimal competition in the market,” said Pierce Mayson, VP for SRS’ Southeast Investment Sales Team. “With a long-term anchor lease and very solid sales numbers, this asset is an excellent purchase for the buyer.”
The 91,910-sq.-ft. center situated on 8.47 acres of land is anchored by Bi-Lo and Ace Hardware.