CenterSquare Acquires Greenville-Based Essential Service Retail Property Pelham Hills

September 2026

September 28, 2026 – We are pleased to announce our acquisition of Pelham Hills, a four-building, 24,834 square foot Essential Service Retail Property in Greenville, SC. The Property serves as a strong addition to our 13-property Carolinas Portfolio. The Property is located at the intersection of I-85 (139,200 vpd) and Pelham Rd (28,700 vpd).

The Property is currently 100% occupied by a balanced lineup of national, regional and local tenants, including Tropical Smoothie Cafe, Jimmy John’s, Massage Envy and Moe’s Southwest Grill. This investment aligns with our strategy to target unanchored, high-quality Essential Service Retail centers in strong demographic submarkets. Pelham Hills is CenterSquare’s 88th Service Property acquisition nationally and 13th in the Carolinas.