Thursday, January 22, 2026
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South Carolina

AcquisitionsMultifamilySouth CarolinaSoutheast

JLL Brokers Sale of 358-Unit Apartment Community in North Charleston

by John Nelson

NORTH CHARLESTON, S.C. — JLL has brokered the sale of Link Apartments Mixson, a 358-unit property located at 4501 Mixson Ave. in North Charleston’s Park Circle submarket. Comunidad Realty Partners purchased the apartment community from Grubb Properties for an undisclosed price. John Gavigan, John Mikels, Ben Bury and Chase Monroe of JLL represented the seller in the transaction. Additionally, Robert Wooten and Jackson Finch originated a Freddie Mac loan for the acquisition. Link Apartments Mixson was developed in phases in 2014 and 2019. The community features a mix of one- and two-bedroom apartments, as well as a saltwater pool, 24/7 fitness center, coworking spaces, dog park and a community clubhouse with a coffee bar.

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Walk-Shop-Road
DevelopmentSouth CarolinaSoutheastStudent Housing

Landmark, Silverpeak Plan 825-Bed Student Housing Development Near University of South Carolina

by Abby Cox

COLUMBIA, S.C. — A joint venture between Landmark Properties and Silverpeak Real Estate Partners has acquired a 22.4-acre development site at 1401 Shop Road near the University of South Carolina campus in Columbia. The property will be home to The Walk on Shop Road, an 825-bed student housing community. The development will offer 196 fully furnished townhomes in two- through six-bedroom configurations with bed-to-bath parity. Shared amenities are set to include a resort-style pool, Jumbotron, fitness center, sports simulator, wellness suite, lawn games, cabanas and hammocks, fire pits and grilling areas and shuttle service to campus. The development team for the project — which is scheduled for completion ahead of the 2027-2028 academic year — includes Landmark Construction and Niles Bolton Associates.

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Affordable HousingDevelopmentMixed-UseMultifamilySouth CarolinaSoutheast

FRP Development, Woodfield Begin Vertical Construction on Woven Mixed-Use Project in Greenville

by John Nelson

GREENVILLE, S.C. — FRP Development Corp. and Woodfield Development have begun vertical construction at Woven, a mixed-use development underway at 1279 Pendleton St. in Greenville’s Village of West Greenville neighborhood. Slated for completion in fourth-quarter 2027, Woven will feature 214 one-, two- and three-bedroom apartments, including some workforce housing units. The project will also include 13,000 square feet of commercial space, public parking and more than 40,000 square feet of public open space, including a pocket park. The developers received $42.9 million in construction financing from Bank of Texas for the project. The design-build team includes general contractor CF Evans, architect Housing Studio and interior designer Shelton Taylor + Associates.

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Firestone-Easley-SC
AcquisitionsRetailSouth CarolinaSoutheast

Marcus & Millichap Brokers Sale of New Retail Property in Easley, South Carolina Leased to Firestone

by Abby Cox

EASLEY, S.C. — Marcus & Millichap’s Taylor McMinn Retail Group has brokered the sale of a newly built, 5,798-square-foot retail property in Easley, roughly 12 miles west of Greenville. Firestone, a subsidiary of Japanese tire manufacturer Bridgestone, occupies the building on a 15–year, triple-net, corporate-guaranteed lease that features 5 percent rent increases every five years. A preferred developer for Firestone sold the property to a 1031 exchange buyer. Don McMinn and Andrew Koriwchak of Taylor McMinn Retail Group represented the seller in the transaction, which marks the team’s 21st new-construction Firestone closing, according to McMinn. “This closing highlights the growing presence of higher price point 1031 exchange buyers re-entering the net lease market,” says McMinn. “As this momentum continues into 2026, we anticipate strong demand for Bridgestone assets driven by the investment grade credit, long-term triple-net lease and limited on-market supply.” McMinn adds that the Taylor McMinn Retail Group has more Firestone-occupied retail listings coming to market soon.

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AcquisitionsLouisianaSouth CarolinaSoutheastStudent Housing

GMH Communities, AEW Capital Buy Two Student Housing Communities Near Clemson University, LSU

by John Nelson

CLEMSON, S.C. AND BATON ROUGE, LA. — A joint venture between GMH Communities and AEW Capital Management has acquired two student housing communities in Clemson and Baton Rouge. The acquisitions included Dockside at Clemson, a 633-bed student housing property located near the Clemson University campus in South Carolina; and Flatiron, a 293-bed community located near Louisiana State University (LSU) in Baton Rouge. Dockside has been rebranded The Cove at Clemson as part of the acquisition. The property offers units in studio, one-, two-, three- and four-bedroom configurations with bed-to-bath parity. Shared amenities include study rooms and lounges, a coffee bar, fitness center, lakefront boardwalk, game room, dog park and walking paths. Flatiron offers units in studio, one-, four- and five-bedroom configurations with bed-to-bath parity. Shared amenities include a fitness center, computer lab, pool, grilling station, yoga studio, clubhouse, dog park and study rooms. Mike Brady, Jake Wisness, Bill Maloney and Jake Davidson of JLL secured financing for the acquisition. Teddy Leatherman of JLL brokered the acquisition of the properties from seller Fountain Residential. Terms of the transaction were not released.

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AcquisitionsMultifamilySouth CarolinaSoutheast

Berkadia Brokers Sale of 240-Unit Apartment Community in Murrells Inlet, South Carolina

by John Nelson

MURRELLS INLET, S.C. — Berkadia has brokered the sale of Waterleaf at Murrells Inlet, a 240-unit, garden-style apartment community located at 13 Muddy Bay Drive near Myrtle Beach.  Caleb Troop, Mark Boyce, Jim Sewell, David Lansbury, Erika Maston, Blake Coffey, Thomas Colaiezzi and Matt Robertson of Berkadia represented the seller, Greenville, S.C.-based Graycliff Capital, in the transaction. North Carolina-based Chaucer Creek Capital purchased Waterleaf at Murrells Inlet for an undisclosed price. Jeremy Lynch and Jake Adoni of Berkadia’s Philadelphia office secured acquisition financing on behalf of the buyer. Built in 2018, the apartment community features one-, two- and three-bedroom apartments ranging in size from 726 to over 1,100 square feet. Amenities include a fitness center with cardio and weightlifting equipment; a clubhouse with a lounge, game room and fireplace; dog park with a wash station; a saltwater swimming pool; an outdoor entertainment area with a firepit; private garages; and a car wash station.

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AlabamaGeorgiaIndustrialMarket ReportsNorth CarolinaSouth CarolinaSoutheastSoutheast Market ReportsVirginia

Tariffs Are Moving the Needle for Manufacturing, Distribution Demand on the I-85 Industrial Corridor

by John Nelson

More than seven months have passed since Liberation Day, where the Trump administration declared a sweeping package of tariffs for foreign trade partners and specific commodities, including steel and aluminum. Since the announcement in early April, there has been a boon in the amount of multibillion-dollar advanced manufacturing, life sciences, semiconductor and data center investment announcements around the country, with the markets along the I-85 Industrial Corridor being no exception.  To name a few: Toyota has recently begun production at its $13.9 billion battery plant in Liberty, N.C.; Rivian broke ground on its $5 billion electric vehicle plant near Social Circle, Ga.; JetZero is planning to create 14,500 jobs for an aerospace manufacturing facility in Greensboro, N.C.; Eli Lilly is developing a $5 billion pharmaceutical manufacturing facility in the Richmond suburb of Goochland County, Va.; and Google is developing a trio of data centers in metro Richmond’s Chesterfield County. “We have incredible momentum bringing business back into the United States, which is going to drive industrial growth, particularly in the Southeast,” says Jim Anthony, CEO and founder of APG Companies. “We’re not unionized, we have lower taxes, fewer regulations and lower cost of energy, which is huge factor in site …

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885-Paragon-Way-Rock-Hill-SC
AcquisitionsIndustrialSouth CarolinaSoutheast

APG Acquires 300,080 SF Distribution Facility in Rock Hill, South Carolina

by Abby Cox

ROCK HILL, S.C. — Atlanta Property Group (APG) has acquired 885 Paragon Way, a 300,080-square-foot distribution facility located in Rock Hill, roughly 15 miles south of Charlotte. Situated in the master-planned Riverwalk Business Park, the temperature-controlled property features 32-foot clear heights, 33 dock high doors, a 180-foot truck court and a 4,000-amp electrical system. The property is currently vacant. The sales price and seller were not disclosed.

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Affordable HousingLoansMultifamilySouth CarolinaSoutheast

JLL Arranges $59M Loan for Refinancing of Affordable Housing Portfolio in Upstate South Carolina

by John Nelson

GREENVILLE, S.C. — JLL has arranged a $59 million loan for the cross-collateralized, cash-out refinancing of three affordable housing communities in the Upstate South Carolina region totaling 598 units. The properties include Paris Park and Terrain at Haywood in Greenville and Mauldin Meadows in Mauldin. Carter Wroblewski, Taylor Allison and Sydney Powell of JLL arranged the three-year, interest-only loan through Truist Bank. The borrower, Affordable Upstate, purchased the properties between December 2021 and September 2022 and has since invested $13.6 million in capital improvements. The company purchased each community using a similar equity structure, which allowed for the cross collateralization, according to JLL. The properties are managed by NOAH Property Management and feature self-imposed rent restrictions of 60 percent and 80 percent of the area median income (AMI).

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Arbys-Rep-Photo
AcquisitionsGeorgiaRetailSouth CarolinaSoutheast

SRS Real Estate Negotiates Sales of Two Retail Properties in Georgia, South Carolina Totaling $7.6M

by Abby Cox

CARROLLTON, GA. AND UNION, S.C. — SRS Real Estate Partners has negotiated the sales of two single-tenant retail properties in Georgia and South Carolina totaling $7.6 million. The properties include a property in Carrollton leased to Parachute Plasma and a drive-thru restaurant in Union occupied by Arby’s. Britt Raymond and Kyle Fant of SRS represented the 1031 exchange buyer, a New York City-based private investor, in the transaction. The seller was not disclosed. The first property, Parachute Plasma, sold for $5.5 million and totals 7,613 square feet of retail and medical office space. Built in 2024, Parachute Plasma operates on a new 20-year triple-net lease. The second property, a 2,364-square-foot Arby’s restaurant, was built in 2021 and was sold for roughly $2.1 million. Arby’s has approximately 16 years remaining on its absolute triple-net lease.

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