Windsor Square Shopping Center Sells for $87M in Matthews
Waterstone Properties Group paid $87 million for Windsor Square, a 659,222-SF power center in Matthews that was 99% leased at sale.
Windsor Square Shopping Center, a 659,222-square-foot power center at 1814 Windsor Square Drive in Matthews, sold for $87 million on Sept. 28, 2026. Waterstone Properties Group acquired the property from Hackney Real Estate Partners. The center was 99% leased at sale.
The 64-acre site includes seven retail buildings anchored by Kohl's, At Home, Sam's Club, Ross Dress for Less, PetSmart and DSW. Completed in 1987 and renovated in 2014, the center draws roughly 6.4 million visits per year.
United Bank originated a $63.1 million acquisition loan. Hackney had paid $70.1 million for the center in November 2024, buying from Sterling Organization. Berkeley Capital Advisors' Morgan Hall brokered the sale; Neal Shalom represented Waterstone. Atlantic Retail will handle leasing.
Windsor Square sits about 11 miles from downtown Charlotte along the U.S. 74 corridor near I-485.
- Address
- 1814 Windsor Square Drive, Matthews, NC 28105
- Units
- 1
- Sq ft
- 659,222
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