Brentwood Plaza at 4400 Dorchester Road, a roughly 79,000-square-foot, fully leased center anchored by Food Lion, sold for $9.15 million to HPG Brentwood LLC, tied to Charleston's Host Property Group. The buyer has told state regulators it plans to renovate the center and improve the parking.
Why this matters here
A 60 year old neighborhood strip full of local service tenants drew more than 15 offers. That is a signal about Dorchester Road, and tenants in centers like it should expect renovation plans and new ownership conversations.
First reported by postandcourier.com.
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