Nearly 50-year-old Spartanburg mall hits the market

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The only enclosed mall in Spartanburg County is on the market.

WestGate Mall, which was built in 1975 and renovated in 1996, is in receivership and is now being handled by the lender, according to Dustin Tenney with Reedy River Retail at SVN Blackstream.

The property has been taken back by the bank, and a list price for the property has not been established, said Tenney.

The more than 400,000-square-foot mall is anchored by Belk, Dillards, JCPenney, and Costco and sits on approximately 52 acres.

Related article: Multitenant retail development underway in Simpsonville

WestGate is located along Interstate 26 at 205 W. Blackstock Road in Spartanburg.

The mall holds well-known tenants such as Bath & Body Works, H&M, and Victoria’s Secret and is surrounded by national retailers including Target, Hobby Lobby, Sam’s Club, Lowe’s, Regal Cinemas and Home Depot.

Tenney and Daniel Holloway with Reedy River Retail at SVN Blackstream and Brian Chadwick with SVN Second Story Real Estate Management have been retained exclusively to offer for sale the leasehold interest of WestGate Mall.

Reedy River Retail is the retail arm of SVN Blackstream’s Greenville office.