JULY 1, 2021 | THE PALOMAR GROUP The Palomar Group arranged the $5.4 million sale of Myrtle Ridge, a grocery-anchored shopping center located near Myrtle Beach. Palomar represented the undisclosed seller, a private shopping center owner, in the off-market transaction. Both the undisclosed buyer and seller are private companies that primarily own grocery-anchored shopping centers […]
JULY 1, 2021 | THE PALOMAR GROUP The Palomar Group is pleased to announce the closing of an off market transaction, Johns Road Place Apartments in Augusta, GA. The buyer and seller were both represented by The Palomar Group. The Palomar Group is working on similar off market multifamily opportunities. Please contact any member of […]
JULY 1, 2021 | THE PALOMAR GROUP The Palomar Group arranged the $2,425,000 sale of a 6,000 square-foot single tenant Verizon located at 173 Columbiana Drive in Columbia, SC. The Palomar Group represented the seller. The buyer was a California investor sourced by the Palomar Group on behalf of the seller. The disposition of the […]
JULY 1, 2021 | THE PALOMAR GROUP The Palomar Group arranged the sale of Rocky Mount Plaza, a 127,199 square-foot grocery anchored shopping center located in Rocky Mount, VA. National tenants include Food Lion, Roses, Advance Auto Parts, and Sherwin Williams. The Palomar Group represented the seller, a Virginia-based owner that owns 48 centers throughout […]
FLORIDA DEALS FOR SALE The Palomar Group is pleased to bring to market four new listings in Florida. Imperial Plaza: 129,807 SF Winn-Dixie anchored center in Auburndale, FL. Unrivaled synergy with co-anchors, Harbor Freight, O’Reilly Auto Parts, and Fresenius. Parsons Village: 78,820 SF Winn-Dixie shadow center located in the Tampa MSA – one of […]
FEBRUARY 5, 2020 | THE PALOMAR GROUP The Palomar Group is pleased to announce the sale of Timberlake Station, an 82,404 SF multi-tenant retail shopping center in Lynchburg, VA. Tenants at Timberlake Station included Harbor Freight, Workout Anytime, Family Dollar, and more. The center was 84% occupied at the time of sale. The buyer was […]
October 8, 2019 | THE PALOMAR GROUP Having closed deals from the shorelines of Myrtle Beach, to the upstate of Greenville and the sandy beaches of Charleston, The Palomar Group continues to expand its grocery anchored sales inventory throughout the state of South Carolina. The Palomar Group has closed transactions with centers anchored by all […]
OCTOBER 2, 2019 | THE PALOMAR GROUP The Palomar Group continues to grow their single tenant net lease platform having recently taken a SunTrust bank branch to market in the Atlanta MSA (Alpharetta, GA). The deal is being offered at a cap rate of 5.5% inking out to a price point of $3,190,000. SunTrust’s current […]
OCTOBER 1, 2019 | THE PALOMAR GROUP The Palomar Group is pleased to announce the sale of Fayette Square in Oak Hill, WV, anchored by Kroger and Big Lots. Fayette Square was 92% occupied at the time of sale, with over 90% of space leased to national tenants. Kroger’s sales have grown by more than $5.6M in […]
SEPTEMBER 30, 2019 | THE PALOMAR GROUP The Palomar Group is pleased to bring to market two new listings in Virginia and Tennessee. In Virginia, we are offering Timberlake Station, a 82,000 SF multi-tenant retail center located in Lynchburg, VA with tenants that include Harbor Freight Tools, Workout Anytime, Family Dollar, and more. In Tennessee, […]