MOUNT PLEASANT — After multiple offers, a shopping center on Johnnie Dodds Boulevard has changed hands for $11 million.

An affiliate of Woodlock Capital closed the deal Nov. 4 for Center Oak Plaza, more commonly known as the Stuckey Furniture building. The seller was B & L Partners LLC.

With the transaction, the retailer and anchor tenant is winding down operations after 95 years of business in the Lowcountry, said Hal Swanson, director of retail with the North Charleston-based Woodlock who helped broker the deal along with Patrick Nealon

Dexter Lee Jr., who oversees the furniture dealer with brother Bill and son Dexter III, had been an owner of the property along U.S. Highway 17 near Bowman Road since 1998 when he purchased it for $2 million, according to county records.

Bryan Delgado

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