The Palomar Group Closes Sale of KJ’s-Anchored Retail Center in Edgefield, South Carolina
July 8, 2026 | Palomar Group
Carolina Square, 98% occupied at time of closing, acquired by 1031 exchange buyer
AUGUSTA, GA — July 8, 2026 — The Palomar Group, a commercial real estate investment sales firm headquartered in Augusta, Georgia, announced the successful closing of Carolina Square, a KJ’s-anchored retail center located at 155 Carolina Square in Edgefield, South Carolina. The transaction closed on June 25, 2026.
At the time of closing, the property was 98% occupied, with KJ’s serving as the anchor tenant and providing the new ownership with an established, stable tenant base. The property was acquired by a 1031 exchange buyer seeking a well-positioned retail asset with long-term income potential. The Palomar Group represented the buyer in the transaction.
“It was a pleasure representing a 1031 exchange buyer in the successful closing of Carolina Square. With KJ’s serving as the anchor tenant, the property offers strong, stable cash flow and long-term upside for our client.”
— Lee Malchow, Vice President, The Palomar Group
About The Palomar Group
Headquartered in Augusta, Georgia, 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 $2.5 billion in completed transactions spanning 23 states and more than 14 million square feet, The Palomar Group is committed to delivering exceptional results through data-driven strategies, deep market knowledge, and a client-focused approach.