Continental Realty Corporation (CRC) completed the $22.57 million sale of West Ashley Shoppes, a 136,000- square-foot retail power center located at 946 Orleans Road in Charleston, South Carolina, to Ziff Real Estate Partners. During its 10-year hold period, CRC executed 10 new leases totaling nearly 44,000 square feet and completed four tenant renewals covering approximately 21,000 square feet. Tom Kolarczyk of JLL represented CRC and procured the buyer in this sales transaction. 

Located within Charleston’s West Ashley retail corridor across from Citadel Mall, The Shoppes at West Ashley is anchored by Ross Dress for Less, World Market, and Dollar Tree. 

Since CRC’s entry into the Charleston submarket in 2016, the company has expanded its retail footprint to more than 600,000 square feet in the region, including the acquisition of the 510,000-square-foot Mount Pleasant Towne Centre, Sweetgrass Corner, and The Shops at Towne Centre Way. 

The company also owns and manages four multifamily communities in the local area totaling more than 900 units.