PC Acquisitions, LLC /
the Shops at Franklin Square
PC Acquisitions to buy Shops at Franklin Square retail property
Source for the buyer and target: Medalist Diversified REIT, Inc.
For the buyer and target.
“On February 3, 2026, (the “Effective Date”), MDR Franklin Square, LLC, a Delaware limited liability company (the “Seller”), entered into a Purchase and Sale Agreement (the “Purchase and Sale Agreement”), with PC Acquisitions, LLC, a North Carolina limited liability company (the “Purchaser”), whereby the Purchaser agreed to acquire (the “Acquisition”) the Shops at Franklin Square, a 134,239 square foot retail property located in Gastonia, North Carolina (the “Franklin Square Property”).”
Published 4 Feb 2026
Open the sourceWhat happened
PC Acquisitions, LLC agreed to acquire the Shops at Franklin Square, a 134,239 square foot retail property located in Gastonia, North Carolina, from MDR Franklin Square, LLC. The agreement was entered into on February 3, 2026. [01]
The total consideration is $24,500,000, subject to prorations and adjustments. The transaction is expected to close within 45 days. [01]
The source
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PC Acquisitions to buy Shops at Franklin Square retail property
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