Wheeler REIT Acquires Two Grocery-Anchored Shopping Centers in Georgia, South Carolina

by Katie Sloan

Royston, Ga. and Summerville, S.C. — Wheeler Real Estate Investment Trust Inc. has acquired two BI-LO-anchored shopping centers located in Georgia and South Carolina.

Acquisitions include Tri-County Plaza, a 67,577-square-foot shopping center located in Royston, Georgia; and Sangaree Plaza, a 66,948-square-foot shopping center located in Summerville, South Carolina. BI-LO recently executed lease extensions at both locations.

Tenants at Tri-County Plaza include Maxway, Shoe Show and Snap Fitness. Tenants at Sangaree Plaza include H&R Block and Check Into Cash. Kyle Stonis and Pierce Mayson of SRS Real Estate Partners represented the buyer in the transaction.

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