
CenterSquare Acquires Charlotte Essential Service Retail Property
CenterSquare has acquired Trade Court Shoppes, a 15,160-square-foot Essential Service Retail Property in Charlotte, NC. The retail center is located at a hard corner with direct visibility from major throughways including Charlotte Highway and I-77.
The new owners plan to revitalize the center with fresh paint, new awnings, rejuvenated outdoor seating space, updated landscaping, a new pylon sign and a refreshed lighting setup including an LED-lit parking lot, outdoor string lights and roofline lighting within the first year of ownership.
The property is currently 100-percent occupied by a balanced lineup of national, regional and local tenants including Subway, Great Clips, United Bank, Post Net and Jet’s Pizza. Trade Court Shoppes is CenterSquare’s 35th service property acquisition nationally and 13th in the Southeast.
- ◦Sale/Acquisition