A former Belk department store within a shopping center will be reborn as a sports health care facility after Airway Investments sold the structure to Hammes for $16 million.
The sale earned a 2026 CoStar Impact Award, as judged by real estate professionals familiar with the market.
The 135,000-square-foot store was an integral part of Brookfield Village, a 57-acre mall built in 1973. The marketplace thrived for decades until changing retail patterns and the pandemic effectively shut it down.
“The site had been vacant for so many years that it was a huge win for the property to change hands and pave the way for redevelopment of the building,” wrote Genevieve Douglass, director of leasing and brokerage at Daniels Corp. and one of the Impact Award judges.
Hammes plans to lease the building to Andrews Sports Medicine under a 20-year agreement, with the facility branded as Andrews Sports Medicine & Orthopedic Center. The deal was set up by a team specializing in healthcare facility development and physician-focused real estate strategies.
About the project: The former Belk retail building spans 135,000 square feet within the Brookwood Village Mall. The space is to be divided into a clinical space on the first floor and a surgical center on the second.
What the judges said: “This sale stood out because it turns a vacant mall anchor into a modern healthcare hub,” said Matt Rowan, a valuation analyst with Colliers Valuation and Advisory Services. “Bringing in a major tenant like Andrews Sports Medicine revitalizes the space and sets the stage for future redevelopment in the Brookwood Village area.”
They made it happen: Three Veritas Medical Co. officials acted as buyer brokers for the transaction. They are: Richard Campbell, principal; Peter Jameson, broker; and Nancy Ferren, consultant.