Manchester Village Shopping Center Sells for $32.5 Million
The 21-acre retail hub in Rock Hill has a new owner, marking a shift for one of the city's primary shopping destinations.
Updated on Oct. 15, 2026 in Commercial
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The Manchester Village shopping center in Rock Hill has been purchased for $32.5 million by Core Power Manchester Village. The deal covers 21 acres and includes over 150,000 square feet of retail space located at 542 John Ross Parkway.
Why it matters
This significant commercial real estate acquisition shifts ownership of a major retail hub after the seller, Southern Real Estate Company, held the property for 24 years. The transaction reflects ongoing activity in local commercial property markets.
The deal encompasses 21 acres and more than 150,000 square feet of retail space sold for $32.5 million. The property sits between the local Olive Garden and the Manchester Meadows sports complex.
The players
Core Power Manchester Village
An affiliate of a Florida-based private equity firm that manages commercial retail properties.
Southern Real Estate Company
A Charlotte-based firm that previously owned and managed the retail center since 2002.
The details
The acquisition involves a Florida-based private equity firm affiliate taking control of a site that previously served as a major commercial node for over two decades. The transaction includes a mix of big-box anchor stores and smaller strip-retail spaces, as well as vacant acreage situated near the Manchester Meadows sports complex. The change in ownership marks the end of a long-term tenure by the Charlotte-based seller who originally acquired the site in 2002.
Timeline
2002: Southern Real Estate Company began ownership of the site.
October 9, 2026: The Manchester Village shopping center officially sold.
The Home Front
This acquisition sits within a larger trend of high-value commercial transactions across York and Lancaster counties, which saw $84.6 million in deal volume in late 2025. It marks a continued turnover of major retail centers by institutional investors in the local market.
Residents should keep an eye on local signage at the shopping center for potential future construction or changes to store access points. Any shifts in traffic patterns near John Ross Parkway may impact your commute or errands in the area.
The takeaway
Large-scale commercial shifts often precede changes to retail options and traffic infrastructure in neighboring residential areas. Watch for public notices or site permit filings if you live or shop near the John Ross Parkway corridor.
Further reading
For more news on area development, visit Commercial.
Source note: This article includes information reported by The Herald.
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