The Palomar Group Announces Closing of Kroger-Anchored Irmo Station in Columbia, SC
March 10, 2025 | Palomar Group
The Palomar Group, a full-service commercial investment sales firm, is pleased to announce the successful sale of Irmo Station, a 99,384-square-foot Kroger-anchored shopping center located at 7467 Saint Andrews Road, Irmo, SC. The buyer, a publicly traded REIT, adds this high-performing retail property to its portfolio, further highlighting the enduring appeal of grocery-anchored assets in today’s market.
The transaction closed on February 7, 2025, representing yet another successful deal facilitated by The Palomar Group, recognized for its expertise in aligning qualified buyers and sellers to maximize asset value.
“The successful sale of Irmo Station underscores Palomar’s expertise in maximizing value for our partners on both the buy and sell sides of transactions, even in a market characterized by fluctuating cap rates and evolving buyer pools,” said Ryan McArdle, Partner at The Palomar Group. “Kroger-anchored and grocery-anchored shopping centers remain among the most sought-after asset classes, and Palomar continues to maintain a robust network of qualified buyers prepared to transact.”
About The Palomar Group:
Headquartered in Augusta, GA, The Palomar Group is a full-service commercial investment sales firm specializing in the sale of single-tenant, multi-tenant, and multifamily properties across the United States. With a proven track record of over $1.5 billion in transactions spanning 19 states and 13.5 million square feet of retail and multifamily properties, The Palomar Group is dedicated to delivering exceptional results for its clients.