December 12th, 2024
LEXINGTON, KY. – BC Wood Properties announces the acquisition of Poplar Springs Plaza, a 64,079 square-foot shopping center located in Duncan, SC just outside of Greenville.
Poplar Springs Plaza is a Publix anchored center with several other national and locally owned businesses including Anytime Fitness, The UPS Store and Domino’s Pizza as well as various other small shop spaces.
The acquisition of Poplar Springs is intended to enhance the growth of BC Wood Real Estate Fund III, LP, the Company’s third private equity fund. The portfolio encompasses a variety of centers with strong national retail tenants as well as grocery-anchored properties.
“We are excited about acquiring another Publix anchored center. This type of smaller grocer anchored center has been a model that our company takes on very well and we are happy to round out our year with this great addition to the portfolio.” said Brian Wood, Founder and CEO of BC Wood Properties.
BC Wood Properties is a Lexington, Ky. based commercial real estate company that celebrated its 30th year of business in June 2024. The Company focuses on the acquisition and operation of value-add retail shopping centers. With the addition of Poplar Springs, BC Wood Properties now owns and operates 24 shopping centers throughout the Southeast, Midwest, and Mid-Atlantic regions.
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