September 8, 2023 – We are pleased to announce our acquisition of The Forum, a 105,785 square foot Essential Service Retail Property in Wilmington, NC. This Property is located within the premier retail node of the Wilmington MSA with direct accessibility via Highway 17 which sees an estimated 39,000 vehicles per day.
The Property is currently 100% occupied to a balanced lineup of national, regional and local tenants including Dunkin’ Donuts, Jimmy John’s, Club Pilates, UPS, Chop’t, Bento Box, True Blue Butcher and Osteria Cicchetti. This investment aligns with our strategy of targeting unanchored, high quality Essential Service Retail centers in strong demographic submarkets. The Forum marks CenterSquare’s 37th Service Property acquisition nationally and 15th in the Southeast.