South Carolina

Continental Realty Signs Golf Galaxy to 20,000 SF Lease at Sweetgrass Corner Shopping Center in Metro Charleston

by John Nelson October 30, 2025

MOUNT PLEASANT, S.C. — Continental Realty Corp. has signed Golf Galaxy, a golf retailer owned and operated by Dick’s Sporting Goods, to a 20,000-square-foot retail lease in metro Charleston. The retailer will open its new store, the retailer’s fourth location in South Carolina, next year at Sweetgrass Corner, a nearly 90,000-square-foot shopping center located at 1909 N. Highway 17 in Mount Pleasant. The store will carry golf equipment and apparel and feature a performance center with hitting bays, putting green, service desk, technician workshops and instructions from golf experts. Timothy Brennan of The Navigator Group and Don Lyon of GreatStreet Realty Partners represented Golf Galaxy in the lease transaction. Cherene Keenan represented Continental Realty on an internal basis. The Baltimore-based landlord inked a lease last year at Sweetgrass Corner with Trader Joe’s, which opened last fall.

October 30, 2025

Acquisitions Retail South Carolina Southeast

Marcus & Millichap Brokers $7.2M Sale of Shopping Center in Lexington, South Carolina

by John Nelson October 28, 2025

LEXINGTON, S.C. — Marcus & Millichap has brokered the $7.2 million sale of Hope Ferry Center, a 51,749-square-foot retail center located in the Columbia suburb of Lexington. Built in 2001 on 3.5 acres, Hope Ferry Center was leased to 23 tenants at the time of sale, including McAlister’s Deli, Learning Express Toys, Snip-Its, Blush Boutique, Tulip Boutique and Regional Finance. Harrison Creason and Andrew Margulies of Marcus & Millichap represented the seller, a local family partnership that owns and manages shopping centers throughout the Southeast. The property has been under single ownership since construction.

October 28, 2025

Acquisitions Industrial South Carolina Southeast

Port Commercial, Cedar Square Acquire 80,000 SF Industrial Property in Hanahan, South Carolina

by Abby Cox October 24, 2025

HANAHAN, S.C. — Charlotte-based real estate investment firms Port Commercial and Cedar Square have acquired 916 Commerce Circle, an 80,000-square-foot industrial facility in Hanahan, approximately eight miles outside North Charleston. Lee Allen, Kevin Coats and Tyler Smith of JLL will lead leasing efforts on behalf of the new ownership. The seller and sales price were not disclosed. The rail-served property spans 4.1 acres and features a fully air-conditioned industrial building with 1,600 square feet of office space, eight dock positions with levelers, three 14-foot drive-in doors, epoxy flooring, LED lighting and outdoor storage capabilities. 916 Commerce Circle also provides access to the Wando Welch, Hugh K. Leatherman and North Charleston port terminals in greater Charleston. Port Commercial and Cedar Square plan to launch a capital improvement program for the property that includes refreshed office interiors, new exterior painting, dock upgrades and parking lot resealing.

October 24, 2025

Development Multifamily South Carolina Southeast

Woodfield Development Opens Second Phase of Cooper River Farms Apartments in Charleston

by Abby Cox October 24, 2025

CHARLESTON, S.C. — Woodfield Development has opened Cooper River Farms II, the second phase of the 56-acre Cooper River Farms apartment community located in Charleston. The new four-story building adds 71 studio, one- and two-bedroom residences. Amenities at the property include a fourth-floor sky lounge, community bar, TVs and a pool table. The second phase builds on the existing Cooper River Farms community, which features a saltwater swimming pool, fitness center, nature trails and a dog park. Construction on the development began in May 2024, and the first apartments were delivered in July 2025. The building is currently 50 percent occupied.

October 24, 2025

Development Multifamily Retail South Carolina Southeast

Astral, Steady Capital to Develop 483,106 SF Mixed-Use Multifamily Property in Columbia, South Carolina

by Abby Cox October 17, 2025

COLUMBIA, S.C. — Astral Development and Steady Capital have announced plans to develop a 483,106-square-foot mixed-use multifamily property at the intersection of Bull Street and Elmwood Avenue in Columbia. Upon completion, the project will feature 288 apartments and more than 22,000 square feet of retail space. Plans include six end-cap retail spaces, patio seating, pedestrian walkways and garage and street parking. Ahead of construction, Astral will collaborate with local groups to activate portions of eight adjacent properties to bring community engagement to the space. Completion of the project is scheduled for summer 2028. Axoim Architects and Elford Construction will oversee the design and pre-construction efforts, and Crosland Barnes Group and Cushman & Wakefield are handling leasing for the ground-level retail space. The multifamily component of the project will comprise 236 one-bedroom units, 33 two-bedroom units and 19 three-bedroom units. The ground level will include a fitness center, lobby, leasing office and a dedicated space for bike parking.

October 17, 2025

Acquisitions Industrial South Carolina Southeast

Crescent Communities Sells 220,281 SF Industrial Development in Rock Hill, South Carolina

by Abby Cox October 16, 2025

ROCK HILL, S.C. — Crescent Communities has completed the sale of AXIAL Southgate 77, a 220,281-square-foot industrial property situated within Antrim Business Park in Rock Hill, roughly 15 miles south of Charlotte. The buyer was Washington, D.C.-based Penzance. Nolan Aston, Tommy Whitmore, Rob Speir and Pheobe Dinga of Colliers represented the Charlotte-based seller in the transaction. The sales price was not disclosed. Developed in 2024 on 30 acres, AXIAL Southgate 77 features two buildings spanning 50,276 square feet and 220,281 square feet. The property, which was fully leased to three tenants at the time of sale, includes 32-foot clear heights, rear-load capacity, concrete tilt-wall construction and ample parking. Capital partners for AXIAL Southgate 77 include Atlantic Union Bank and Faison. Additionally, the design-build team included Choate Construction (general contractor), JTM Capital and The Tuttle Co. (development) and Progressive Cos. (architect and civil engineering).

October 16, 2025

Acquisitions Industrial South Carolina Southeast

JLL Negotiates Sale of 398,100 SF Industrial Park Near Charleston International Airport

by John Nelson October 15, 2025

NORTH CHARLESTON, S.C. — JLL has negotiated the sale of Airport Commerce Center, a three-building, 398,100-square-foot industrial park situated directly adjacent to Charleston International Airport and Joint Base Charleston. Built in 2017, the facilities are located at 7246 Stall Road, 2650 Fassitt Road and 7334 Stall Road in North Charleston, approximately one mile from I-26. Pete Pittroff, Dave Andrews and Michael Scarnato of JLL represented the seller, Brookwood Capital Partners, in the transaction. NorthPoint Development acquired Airport Commerce Center for an undisclosed price. The three facilities were fully leased at the time of sale to multiple tenants, including manufacturing, distribution and last-mile logistics companies. The properties feature 200- to 260-foot depths, front-load and rear-load configurations, 28- to 30-foot clear heights, ESFR fire protection systems, LED lighting and a combined 305 automobile parking spaces.

October 15, 2025

Acquisitions Hospitality South Carolina Southeast

Marcus & Millichap Brokers Sale of 121-Room Tru by Hilton Hotel in North Charleston

by John Nelson October 14, 2025

NORTH CHARLESTON, S.C. — Marcus & Millichap has brokered the sale of Tru by Hilton Charleston Ashley Phosphate, a 121-room hotel located at 2475 Prospect Drive in North Charleston. Jack Davis, Chase Dewese, Joce Messinger and Brenden DeLuke of Marcus & Millichap represented the seller in the transaction. The buyer purchased the hotel in a 1031 exchange for an undisclosed price. Both parties requested anonymity. Built in 2020 on a 2.8-acre site, the Tru by Hilton hotel features EV charging stations, an outdoor pool, fitness center and a business center.

October 14, 2025

Acquisitions Arkansas Florida Georgia Industrial North Carolina Self-Storage South Carolina Southeast Virginia

Harrison Street, Morningstar Properties Acquire 21-Property Self-Storage Portfolio

by Abby Cox October 13, 2025

CHICAGO AND MATTHEWS, N.C. — A joint venture between Chicago-based Harrison Street Asset Management and Matthews-based Morningstar Properties has acquired a portfolio of 21 self-storage properties totaling morning than 10,800 units. The properties are located in Texas, North Carolina, South Carolina, Florida, Georgia, Virginia and Arkansas, with 71 percent of the assets situated in top 30 U.S. metropolitan areas such as Houston, Austin, Charlotte and Atlanta. The portfolio was 90 percent leased at the time of sale and spans more than 1.3 million rentable square feet. Morningstar will continue operating and managing the portfolio. The seller was not disclosed. Harrison Street and Morningstar previously completed 41 self-storage investments across five Sun Belt states.

October 13, 2025

Industrial Leasing Activity South Carolina Southeast

JLL Arranges 477,360 SF Industrial Lease in Duncan, South Carolina

by John Nelson October 7, 2025

DUNCAN, S.C. — JLL has arranged a 477,360-square-foot, full-building lease for an industrial facility located at 171 International Park Drive in Duncan. Built in 2023, the facility is situated within Crossroads Logistics Park, a three-warehouse development totaling more than 800,000 square feet in the Greenville-Spartanburg industrial market. The cross-dock warehouse features 36-foot clear heights, ESFR sprinklers, LED lighting, ample trailer and auto parking and more than 2,500 square feet of office space. Perry Major, Chuck Rosien and Joan McCarthy of JLL arranged the loan on behalf of the tenant, an undisclosed global manufacturer. NAI Commercial represented the landlord, metro Chicago-based Brennan Investment Group, in the transaction.

October 7, 2025

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