HFF Arranges $10.1 Million Sale of Future Retail Site Near Charlotte, North Carolina

Indian Land, S.C. — HFF has arranged the $10.1 million sale of a retail development site in Indian Land, located 20 miles south of Charlotte, North Carolina.

The 58.5-acre site will be the future home of The Promenade at Carolina Reserve, an open-air retail center. Travis Anderson, Richard Reid, Thomas Kolarczyk and Cory Fowler of HFF represented the seller, Lennar Corp. The Hutton Co. purchased the asset. The Promenade at Carolina Reserve will be home to Burlington, Ulta Beauty, Hobby Lobby, Petco, TJ Maxx and Rack Room Shoes. The center will also include outparcels for future development.  

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