BC Wood Properties Acquires Union Town Center Retail Property In Indian Trail For $21.4M

The retail property involved in the transaction is a 102,360-square-foot shopping center located at 5860 West Highway 74 in Indian Trail, North Carolina. It was acquired for $21.4 million, translating to a price per square foot of $209. The site spans approximately 15 acres and is fully leased, with Food Lion as an anchor tenant.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $21,400,000
• Square Footage: 102,360
• Price per Square Foot: $209
• Address: 5860 West Highway 74
• Market: Indian Trail, NC
• Buyer: Brian Wood - BC Wood Properties
• Seller: William LeBlanc & Blair Fernau - Fernau Leblanc Investment Partners
• Brokers: Legacy Realty Group Advisors
• Acquisition Date: 06/17/2026
• Acres: 15

Brian Wood represented BC Wood Properties in the acquisition, while Legacy Realty Group acted on behalf of the sellers, William LeBlanc and Blair Fernau, who are affiliated with Fernau Leblanc Investment Partners, during this transaction.