South Carolina

SPARTANBURG, S.C. — Nashville-based Longleaf Capital Partners has obtained an undisclosed amount of acquisition financing for 185 Littlejohn Street, a two-building industrial property in Spartanburg. The 247,000-square-foot property sits on 24.1 acres in close proximity to interstates 26 and 85, as well as Inland Port Greer and BMW’s U.S. manufacturing headquarters. Patterson Real Estate Advisory Group arranged the senior loan through Georgia Banking Co. Longleaf plans to overhaul the property’s building systems, address deferred maintenance and market the 114,000 square feet of available Class B space to prospective tenants.

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South Island Market

JOHNS ISLAND, S.C. — Locally based Pinckney Partners has begun vertical construction on South Island Market, a 34-acre mixed-use development located on Johns Island, about 13 miles south of Charleston. Upon completion, the project will feature 82,000 square feet of retail, dining and office space across eight buildings, along with 79 townhomes built by Toll Brothers and 16 acres of preserved open space. Roper St. Francis Healthcare and Daniel Ravenel Sotheby’s International Realty will anchor the development. South Island Market is expected to open in spring 2027. The first phase of South Island Market comprises five buildings across 45,000 square feet of commercial space. With the addition of the anchors and several pending agreements, Phase I is now 53 percent leased. Hannah Kamba and Tim Rowley of Coldwell Banker Commercial Atlantic (CBC Atlantic) are handling leasing for the project.

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SUMMERVILLE, S.C. — BWE has arranged an undisclosed amount of acquisition financing for The Claiborne at Brickyard Crossing, a 142-unit seniors housing community located in the Charleston suburb of Summerville. Taylor Mokris and Ryan Stoll of BWE arranged the loan through an unnamed national bank on behalf of the borrower, Chicago-based GEM Realty Capital. Opened in 2022, The Claiborne at Brickyard Crossing is an independent living, assisted living and memory care community. The complex includes salon services and social spaces, restaurant-style dining and wellness and fitness amenities, along with a heated, zero-depth swimming pool, golf simulator, covered parking garage and a fitness and yoga studio.

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WOODRFUFF, S.C. — CAPREIT has acquired Hart Townes, a 157-unit build-to-rent residential community located at 339 Hart Townes Way in Woodruff, about 21 miles southeast of Greenville, S.C. The seller and sales price were not disclosed. Construction began last year and is scheduled to wrap up before the end of the year. First move-ins to the community are currently underway. Homes at Hart Townes span in size from 1,570 to 1,693 square feet and include wood floors, stainless steel kitchen appliances, granite countertops, attached garages, 2.5 bedrooms and private patios. Common area amenities include a swimming pool and cabana, as well as onsite property management and maintenance.

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CHARLESTON, S.C. — The Container Collective, a holistic wellness center and coworking community for practitioners, will relocate to Morris Square, a mixed-use redevelopment in downtown Charleston. Formerly situated at 210 Coming St., The Container Collective has purchased a ground-floor condominium to relocate its wellness and massage therapy practice to 21 Jasper St. Renovations are expected to begin soon, with the new location opening upon completion. GiGi Gilden and Jack Owens of NAI Charleston represented The Container Collective in the transaction. Shea Robbins of Carolina One Real Estate represented the undisclosed seller. The sales price was also not disclosed.

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HILTON HEAD ISLAND, S.C. — A public-private partnership between the Town of Hilton Head Island, OneStreet Residential and RBC Community Investments has broken ground on Northpoint on Jarvis Creek, a 157-unit workforce housing development. CF Evans Construction is the general contractor for the development, which is recognized as Hilton Head Island’s first dedicated workforce housing project. As part of the public-private partnership, the Town of Hilton Head Island is providing a 65-year ground lease, $1 million to support eligible site work with contributions secured from the American Rescue Plan Fund, affordability covenants to maintain a workforce neighborhood in perpetuity, zoning entitlements and long-term programming support. OneStreet’s role involves design, permitting, financing, project management, construction, lease-up, long-term programming and property management. Situated on 11 acres, Northpoint on Jarvis Creek will offer one-, two- and three-bedroom apartments with rental rates attainable for households with incomes ranging from 60 to 150 percent of the area median income (AMI). At least 50 percent of the units will cater to households earning between 60 and 80 percent of the AMI. (Based on Beaufort County’s 2025 AMI, a family of three could earn between $59,520 and $148,800 to qualify to live at the community.) The development …

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CLEMSON, S.C. — A joint venture between LV Collective and Harrison Street Asset Management is set to break ground on Rambler Clemson, a 749-bed student housing development located near the Clemson University campus in South Carolina. QuadReal provided construction financing for the project, which is scheduled for completion in 2028. Located on College Avenue, the mid-rise community will offer 227 units in studio, one-, two-, three-, four-, five- and six-bedroom configurations. The 567,000-square-foot development will also feature shared amenities including a ground floor coffee shop; coworking spaces with private study rooms; a multi-sport simulator; rooftop pool deck; clubroom and social lounge; fitness center with a yoga and flex studio and a wellness lounge with a sauna and cold plunge; and ground floor retail space. The development team for the project includes Niles Bolton, Juneau Construction Co. and Variant Collaborative.

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Crosspointe-Plaza

GREENVILLE, S.C. — Ziff Real Estate Partners (ZRP), a retail investment firm based in Mount Pleasant, S.C., has sold Crosspointe Plaza, a 124,375-square-foot shopping center located in Greenville. Situated adjacent to the 1.2 million-square-foot Haywood Mall, Crosspointe Plaza is anchored by T.J. Maxx, DSW and Dollar Tree. Additional tenants at the property include 810 Billiards and Up 2 Us Furniture. ZRP originally acquired Crosspointe Plaza in 2022. Scott Israel of Colliers represented ZRP in the transaction. Atlanta-based RCG Ventures purchased the property for an undisclosed price.

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SUMMERVILLE, S.C. — CBRE has negotiated a 342,000-square-foot lease within Coastal Crossroads Industrial Park, a 180-acre industrial development in the Charleston suburb of Summerville. Mobix Fulfillment, a third-party logistics firm based in Utah, will occupy the building at 420 Strathmore Road. The lease represents the first closed transaction within Coastal Crossroads, according to CBRE. Bob Barrineau, Brendan Redeyoff and Tim Raber of CBRE represented the landlord, Citimark Pure Charleston, in the lease negotiations. Ryan Young of Cushman & Wakefield represented Mobix. Remaining availability at Coastal Crossroads includes two existing spaces spanning 208,000 and 500,000 square feet, along with two build-to-suit sites ranging from 200,000 to 1.2 million square feet.

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CHARLESTON, S.C. — Cushman & Wakefield has arranged a $28.7 million construction loan for PADS 216, an apartment development underway at 216 Spring St. in Charleston’s Upper Peninsula. Kristian Brown of Cushman & Wakefield arranged the financing through RMWC via a debt fund execution on behalf of the borrowers, Orange Properties, Ivy Capital and Crown Global Investments. Situated near The Medical University of South Carolina (MUSC), PADS 216 will feature a variety of floorplans and high-end amenities. The construction timeline was not released.

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