COLUMBIA, S.C. — The Arcadia Lakes Shopping Center is under new ownership after being purchased for nearly $3 million by Baltimore-based CityWide Properties.

Built in 1986, the 33,000-square-foot shopping center off Two Notch Road is home to a mix of national chains and locally owned businesses. CityWide Properties officially closed on the property at the end of October, adding it to the growing list of shopping centers the company has acquired in the Midlands.

The company’s president, Steve Verstendig, says the purchase marks an opportunity to revitalize the longtime retail hub and support local businesses operating there.

“I saw an opportunity in a center that was neglected, to fill the shopping center, clean it up, work with the existing tenants, and fill the seven vacancies,” Verste

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