Oct
01

Pelham Place Shopping Center Sold

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sold stamp bluePelham Place, a 57,158-square-foot retail shopping center at State 14 and Batesville Road anchored by the vacant former home of a Bloom grocery store, has been sold for $5,825,000, the second-highest sale price for a grocery-anchored retail property in Upstate South Carolina so far this year.

Officials from Avison Young, a commercial real estate firm tapped to sell the foreclosed shopping center, announced they brokered the sale from Torchlight Investors to RealOp Investments, a Greenville investment group that’s so far made no announcement of plans for the property.

The 38,003-square-foot anchor space has a long-term lease but has been unoccupied since 2012. The original Bloom store became a Food Lion in July 2011 as Food Lion discontinued its Bloom chain.

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