The Palomar Group announced the successful sale of Encore Center, located at 1904 Houston Lake Road in Perry, Georgia. The transaction closed on January 9, 2026. The street retail center, built in 2025, is 100% occupied, providing the buyer with stable, long-term cash flow. The property was acquired by a 1031 buyer from a private […]
The Palomar Group announced the successful sale of a Sherwin-Williams property located at 109 N Yonge Street in Ormond Beach, Florida. The transaction closed on December 30, 2025. The 5,151-square-foot single-tenant property is occupied by Sherwin-Williams and features five years remaining on the lease, providing the buyer with stable, long-term cash flow backed by a […]
Centre at Riverchase, a 132,000-square-foot retail shopping center located at 1694 Montgomery Highway in Hoover, Alabama, has successfully sold for $17,538,650, according to The Palomar Group, which facilitated the transaction. The property features a strong lineup of national tenants including Crunch Fitness, Guitar Center, and AutoZone, along with a diverse mix of additional national and […]
The Palomar Group is pleased to announce the successful sale of Rivers Edge Apartments, a 72-unit multifamily community located at 520 E Buena Vista Ave in North Augusta, SC. Built in 1971 and 84% occupied at the time of sale, the property offers strong repositioning potential supported by ongoing development throughout the surrounding corridor. The […]
The Palomar Group is pleased to announce the successful sale of Carll’s Corner, a value-add retail center located at 9-43 Cornwell Drive in Bridgeton, New Jersey. The property was sold by a publicly traded REIT to a local buyer who owns another center in the market. At the time of sale, the center was 61% […]
The Palomar Group is pleased to announce the successful sale of Moberly Strip Center, a 5,200-square-foot retail property located at 1625 N Morley St in Moberly, Missouri. The property was sold by CusCo to a private buyer. Built in 2001, the shopping center is 100% leased, highlighted by a recently executed five-year lease with AT&T;. […]
The Palomar Group is pleased to announce the successful sale of Lake Murray Center, a 39,218-square-foot Planet Fitness–anchored retail center located at 760 US-378 W in Lexington, South Carolina. The property was sold by a publicly traded REIT to a regional investor. The center is 100% occupied and anchored by Planet Fitness, which recently signed […]
The Palomar Group is pleased to announce the sale of Arcadia Lakes, a 36,884-square-foot value-add retail center located at 6432 Two Notch Road in Columbia, South Carolina. Built in 1986, Arcadia Lakes was 75% occupied at the time of sale, with below-market rents presenting significant upside potential for the buyer. The property was acquired by […]
The Palomar Group is pleased to announce the successful sale of the Advance Auto Parts located at 937 Folly Road in Charleston, SC. The property, featuring a short-term lease with no renewal options and below-market rent, was sold by a private seller to a private buyer for $1,500,000. This transaction marks an exciting milestone as […]
The Palomar Group is pleased to announce the successful sale of a 9,026 SF Dollar General located at 5520 Hwy 187 in Anderson, SC. Built in 2015, the property traded for $900,000 at an 8% cap rate. The single-tenant asset features an absolute NNN lease with five years remaining. The property was sold by a […]