National Asset Services has been named the asset management company for Verdae Village Shopping Center in Greenville, SC.
NAS executives assume management responsibilities for the 241,548 square-foot regional open-air, shopping center on behalf of a 33-member, tenant-in-common investment group, that originally purchased the property in 2008.
The property is over 90% leased, has a strong national and regional tenant mix and is situated in a highly trafficked location. With a reputation for building property value and maximizing loan maturity options for commercial real estate investors, the NAS management team is moving quickly to fill three vacancies that range from 1,200 to 10,917 square feet.
“We are already working to restore value to Verdae Village Shopping Center for our investor clients,” commented Karen E. Kennedy, President and Founder, National Asset Services. “We look forward to bringing various options to ownership, predicated on asset stabilization and value restoration.”
Verdae Village features a diverse mix of 29 destination-oriented retail stores and restaurants. They include: Stein Mart, Planet Fitness, GNC, K&G Fashion Superstore, Office Depot, Olive Garden, Subway, Arby’s and a Super BI-LO grocery store that is currently undergoing renovations.