Slate Retail REIT has acquired a grocery anchored center known as the Little River Pavilion in the Little River area of South
Carolina (within the Myrtle Beach-Conway-North Myrtle Beach Metropolitan
Statistical Area). It is located just south of the NC/SC state line between Little
River and Calabash, NC. The 72,520 square foot center was 91% occupied at time of sale and is anchored by a
Lowes Foods grocery store and Dollar Tree. It was acquired for $10.1
million or $158 per square foot in November of 2015.