JLL arranges $9.6M sale of Winston-Salem retail center to Granite Canyon Partners

CHARLOTTE, N.C., Oct. 19, 2026 - JLL Capital Markets announced today the $9.6 million sale of Brewer Crossing, a 119,180-square-foot value-add neighborhood shopping center at 2690 Peters Creek Parkway in Winston-Salem, North Carolina.

JLL represented the seller, a partnership between the Rosen and Leverton families, in the transaction. Granite Canyon Partners acquired the asset.

Originally built in 1978 on a 15.34-acre site, Brewer Crossing is 98% occupied. The property features a diverse tenant mix across the apparel, fitness, health, beauty and specialty retail sectors. Highly recognized retailers at the center include Gabriel Bros, Planet Fitness, CVS/Oak Street, Harbor Freight Tools, Shoe Show and Marc Raye Dynasty Barber Studio.

Additionally, the transaction includes a newly constructed Sheetz convenience store and fueling station situated on a 2.2-acre outparcel with approximately 13 years of remaining lease term. The center offers the buyer significant value-creation potential through future mark-to-market rental increases, as the shop spaces currently lease below market rates.

Brewer Crossing is strategically located on Peters Creek Parkway, a major regional thoroughfare that sees 36,000 vehicles per day. The center sits less than a half mile from Interstate 40, providing excellent regional connectivity and direct access to downtown Winston-Salem, which is situated just a seven-minute drive away.

The surrounding area boasts a strong economic base supported by a robust student population and dominant healthcare employers. Nearby educational institutions like Wake Forest University, Winston-Salem State University and Forsyth Technical Community College enroll more than 20,000 students combined, while major regional healthcare facilities like Atrium Health Wake Forest Baptist and Novant Health employ thousands of local residents.

The JLL Capital Markets team was led by Senior Director Tom Kolarczyk and Director Andrew Kahn, along with Analyst Ella Glover.

"Brewer Crossing represented a highly attractive opportunity to acquire a resilient neighborhood retail center with immediate value-creation potential," said Kolarczyk. "Investors were strongly drawn to the center's stable historical cash flows, exceptional tenant performance and the ability to capture significant rental upside as below-market leases roll over."

JLL's Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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