South Carolina

CHARLESTON, S.C. — Locally based Middle Street Partners and Chicago-based Singerman Real Estate plan to develop Atlantic St. Thomas, a new 71-unit build-to-rent (BTR) residential community in Charleston. The townhome property will be located at 2815 Clements Ferry Road on Charleston’s Daniel Island. Atlantic St. Thomas will have an amenity package that includes a resort-style pool, clubhouse, fitness center, working space and a lounge. The property will include two- and three-bedroom, three-story townhomes ranging in size from 1,565 to 2,500 square feet. Units will include single and two-car garages, rooftop terraces and dens in select three-bedroom townhomes. The co-developers will welcome residents at Atlantic St. Thomas, which represents Middle Street’s first BTR community, in spring 2027. The project team includes general contractor Middle Street Construction, civil engineer Sitecast, land planner Cissell Design Studio, landscape architect Studioforme and architect Terminus Design Group.

FacebookTwitterLinkedinEmail

GREENVILLE, S.C. — Denholtz has acquired a 103,897-square-foot flex industrial park located at 1 Marcus Drive in Greenville. The four-building, multi-tenant property features 16.7-foot clear heights, a sprinkler system, 21 dock doors, seven drive-in doors and more than 350 onsite surface parking spaces. Rhett Craig, Blaine Hart, Matt Smith, Charles Gouch, Shelby Dodson, Patrick Gildea and Robert Hardaway of CBRE represented Denholtz in the transaction with RealOp Investments. The sales price was not disclosed. 1 Marcus Drive is the second acquisition in South Carolina for Denholtz.

FacebookTwitterLinkedinEmail

COLUMBIA, S.C. — Stratus Development Group has completed Pickens Corner, a 60-bed student housing community situated a few blocks from the University of South Carolina (USC). The Georgia-based developer has also fully leased the development, which comprises three-bedroom townhomes that each have 3.5 bathrooms and upscale finishes including granite countertops, recessed lighting and stainless steel appliances. Pickens Corner is located in Columbia’s Rosewood neighborhood near the city’s Five Points area and Williams-Brice Stadium, home football arena of the USC Gamecocks.

FacebookTwitterLinkedinEmail
stephenson-center

COLUMBIA, S.C. — Colliers has facilitated the sale of Stephenson Center, a 102,141-square-foot flex/office portfolio located at 714 Betsy Drive and 720 Gracern Road in Columbia. FirstLight Investments acquired the property for an undisclosed price. Nolan Ashton, Tommy Whitmore, Henry Roe and Allen Wilkerson of Colliers represented the seller, RealOp Investments, in the transaction. Roe and Wilkerson will lead leasing efforts for the property on behalf of the new ownership. Stephenson Center comprises three flex/office buildings with approximately a half-acre of secured industrial outdoor storage (IOS). The portfolio is currently 91 percent leased to a mix of multi-purpose tenants, medical users and government agencies.

FacebookTwitterLinkedinEmail

JOHNS ISLAND, S.C. — Pinckney Partners and Coldwell Banker Commercial Atlantic have unveiled plans for South Island Market, a 34-acre mixed-use project under development on Johns Island, about 13 miles south of Charleston. The project will span 82,000 square feet across eight buildings, which will be designated for retailers, restaurants, service-based tenants and office space. The development will also include 79 luxury townhomes built by Fort Washington, Pa.-based Toll Brothers, along with 16 acres of open space. Buddy Darby and Charles Darby of Pinckney Partners are the lead developers of South Island Market. Hannah Kamba and Tim Rowley of Coldwell Banker are the development’s listing agents.

FacebookTwitterLinkedinEmail

GREENVILLE, S.C. — Comunidad Partners has acquired The Haywood, a 234-unit workforce housing community located at 100 Gloucester Ferry Road in Greenville, roughly one mile south of Simon’s Haywood Mall. The seller and sales price were not disclosed. The property was originally built in 1991 and was previously known as Hawthorne at the Park, according to Apartments.com. Comunidad Partners plans to renovate The Haywood’s unit interiors, facades and amenities. The company also plans to work closely with local and national nonprofit partners to establish resident services at the community.

FacebookTwitterLinkedinEmail

MOUNT PLEASANT, S.C. — JLL Capital Markets has arranged a $14.3 million loan for the refinancing of The Plaza at East Cooper, a 102,731-square-foot shopping center located in Mount Pleasant, roughly two miles from downtown Charleston. Eric Tupler, Rob Bova and Ellie Savage of JLL’s Debt Advisory team, along with Alexis Kaiser of JLL’s Charlotte office, represented the borrower, an entity doing business as Bamoza LLC, in securing the loan through an unnamed insurance company lender. Aldi anchors The Plaza at East Cooper, which was 85 percent leased at the time of sale to tenants including Firehouse Subs, Batteries Plus and 843 Nail & Spa. The center was originally built in 1975 on roughly 37 acres, according to LoopNet.

FacebookTwitterLinkedinEmail

CHARLESTON, S.C. — Asana Partners is redeveloping Pacific Box, a 221,600-square-foot mixed-use development on Charleston’s Upper Peninsula. The redevelopment — which will include the conversion of 26,000 square feet of office space into lifestyle retail and restaurants — is already underway. Completion of the project is scheduled for the second quarter of 2026. Existing tenants, including Edmund’s Oast Brewing Co. & Taproom and Rancho Lewis, will remain open throughout the redevelopment process. Spanning 10 acres along King Street, the newly converted space will include a 6,000-square-foot marquee restaurant space, exterior upgrades, new retail façades, improved central courtyard and turf areas, a children’s play area, a venue for year-round programming, the addition of covered patio for dining and retail and increased parking options. Lucy Butler of Thrift CRES handles retail leasing at Pacific Box, and Brian Connolly of JLL handles office leasing.

FacebookTwitterLinkedinEmail

CHARLESTON, S.C. — Walker & Dunlop has arranged a $75 million loan for the refinancing of Society at Laurens, a newly built, 148-unit luxury apartment community located at 31 Laurens St. in Charleston’s historic downtown district. Walker Layne, Matt Wallach and Stephen West led the Walker & Dunlop team that arranged the three-year loan through Aareal Capital on behalf of the borrower, Southern Land Co. The Society at Laurens features studio, one-, two- and three-bedroom apartments, as well as a heated saltwater pool and spa situated on a second-floor deck with views of Charleston Harbor. Other amenities include a high-end fitness center, controlled-access parking and package lockers with 24/7 access.

FacebookTwitterLinkedinEmail

CHARLESTON, S.C. — Avison Young has brokered the sale of 61 West, a 43,426-square-foot medical office building located at 1483 Tobias Gadson Blvd. in Charleston’s West Ashley submarket. Atlanta-based SG Property Services purchased the property from an entity doing business as Tobias LLC for an undisclosed price. Gary Lyons and Gregg Legerton of Avison Young represented the seller in the transaction. 61 West was 85 percent leased at the time of sale to a mix of tenants including University Medical Associates (UM of SC), Anesthesia Associates and Parkwood Pediatrics. The property underwent extensive renovations to the lobby and common areas in 2023, according to Avison Young.

FacebookTwitterLinkedinEmail
Newer Posts