Brentwood Plaza Sold for $9.15 Million

The North Charleston shopping center will undergo renovations and environmental remediation under new ownership.

Updated on Oct. 13, 2026 in Commercial

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HPG Brentwood LLC recently purchased the 79,000-square-foot Brentwood Plaza shopping center at 4400 Dorchester Road for $9.15 million. The retail site, which has been operational since 1964, is currently fully leased.

Why it matters

Rising retail construction costs are pushing investors toward established properties like Brentwood Plaza, where they can seek value by modernizing space and adjusting lease terms. The purchase marks a transition from the previous owner, an affiliate of Malon D. Mimms Co., which acquired the site for $6.5 million in 2006.

The 79,000-square-foot shopping center at 4400 Dorchester Road sold for $9.15 million after receiving more than 15 offers. The property was previously purchased for $6.5 million in 2006.

The players

HPG Brentwood LLC

The new owner of Brentwood Plaza and an affiliate of Host Property Group, a firm founded in 2016.

Malon D. Mimms Co.

A real estate entity based in Roswell, Georgia, that served as the seller for the shopping center property.

The details

The new owner is currently coordinating with state regulators to address hazardous chemicals in the soil and groundwater stemming from the site's history as a dry cleaner and gas station. In addition to these remediation efforts, the firm plans to perform physical property renovations and improvements to the parking area. The interest in the property was highly competitive, with over 15 offers submitted during the sale process.

1964: Brentwood Plaza opened.
2006: Malon D. Mimms Co. purchased the property.
2016: Host Property Group was founded.
October 12, 2026: The sale of the shopping center was announced.

The Home Front

This transaction reflects a broader market trend where high retail construction costs are driving investors toward existing assets rather than new development. By targeting established properties, buyers aim to add value through renovations while navigating the complexities of older sites.

If you are a local tenant or frequent shopper, monitor upcoming site announcements regarding temporary parking disruptions during the planned upgrades. Because the site requires environmental remediation, nearby residents should remain alert to any public health notices issued by state regulators.

The takeaway

The acquisition of Brentwood Plaza highlights the ongoing preference for updating legacy retail space in high-demand areas. Residents and tenants should keep an eye on official local environmental reports regarding the site's remediation progress.