Aston Properties is a privately held real estate investment, development, and property management firm headquartered in Charlotte, North Carolina. Founded in 1980 by Steele Dewey, the company initially focused on developing shopping centers in small Southeastern towns, building relationships with grocery and necessity retailers. The firm operates across the Southeast and Mid-Atlantic regions, with portfolio concentration in North Carolina and South Carolina, particularly the Charlotte and Greenville markets.
Aston's investment strategy centers on grocery-anchored neighborhood centers, boutique retail, single-tenant build-to-suit net-leased properties, and big-box retail developments located in both small town markets and major metropolitan areas. The company provides integrated services including development, acquisitions and dispositions, brokerage, leasing, and property management through an in-house team.
In 2015, Aston formed Aston Realty Investment Company (ARIC) as an investment vehicle to oversee grocery-anchored retail properties in the Southeastern United States. With operations spanning North Carolina, South Carolina, Alabama, Maryland, and Virginia, Aston has established itself as one of the largest retail property owners in the Greenville metropolitan statistical area. The firm maintains relationships with national and regional retailers including Harris Teeter, Publix, Food Lion, Sprouts, Walmart, and Staples. Charlotte remains the company's primary market with geographic concentration in the Carolinas, where portfolio exposure creates dependency on regional economic performance and retail fundamentals.
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