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Brodyco Purchases 82,000 SF Retail Center in Durham, Plans Redevelopment

Lakewood-Durham-NC

A 29,000-square-foot Food Lion is an anchor tenant at Lakewood Shopping Center in Durham, N.C.

DURHAM, N.C. — An affiliate of Greenville, N.C.-based Brodyco has purchased Lakewood Shopping Center in Durham for an undisclosed price. A 29,000-square-foot Food Lion and Dollar General anchor the 82,000-square-foot shopping center, which was built in the 1960s. The buyer is considering remerchandising the center’s tenant mix going forward.

The 58-year-old shopping center has a rich history. The property was once an amusement park with roller coaster, dance pavilion and bowling, and more recently, home to Winn Dixie, W.T. Grant and Woolworth’s Department Stores.

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