Industries Commercial Real Estate

A Charlotte, N.C., investor buys Keagy Village

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The Roanoke Times reports that a Charlotte, N.C., investor and Roanoke native has purchased Keagy Village, a southwest Roanoke County shopping center that sold at a foreclosure auction earlier this year. The new owner is reportedly Ry Winston, a partner in Collett, a Charlotte-based real estate development, brokerage and management firm.

Collett bought the property from TD Bank, which had financed its construction and then was the lone bidder at the February auction.
According to the Times, Winston worked with Roanoke’s Poe & Cronk Real Estate Group. He’s familiar with the area because he went to elementary school a short distance away. Winston told the Times that he hopes to lease empty spaces in the 52,000-square-foot center to national and chain restaurants and retailers. He also wants to develop a 50,000-square-foot grocery store.

Currently, Keagy Village has three tenants: Dunkin Donuts, Firehouse Subs and boutique clothing retailer Patina. Winston’s firm, Collett, will manage the property.

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