MERIdian Place Shopping Center

Asheville, NC

Anchor purchased this 29,000 SF multi-tenant shopping center in 2014. The center was developed in 2007 and fell victim to the Great Recession. Anchor purchased the property from the original lender at a discounted price and had the center 100% leased within 12 months of purchase. The center is located in the highest income area of Asheville and is anchored by Tupelo Honey.