Charlotte, NC – Wasa Properties announces the successful sale of Southwood Village Shopping Center, a 60,722 square foot retail center located in Charlotte, North Carolina. The property is anchored by Compare Foods, the region’s leading Hispanic grocer, and features a curated tenant mix serving the local submarket. At the time of sale, the property was 97% leased.
Wasa Properties implemented strategic leasing and asset management throughout the hold period, maintaining strong occupancy and stable cash flow. Southwood Village’s long-standing tenancy and dominant anchor position contributed to strong investor interest and a successful disposition.
The transaction was brokered by Berkeley Capital Advisors.