South Carolina Archives - REBusinessOnline https://rebusinessonline.com/category/southeast/south-carolina/ Commercial Real Estate from Coast to Coast Wed, 18 Mar 2026 14:13:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://rebusinessonline.com/wp-content/uploads/2020/09/cropped-REBusiness-logo-512px-32x32.png South Carolina Archives - REBusinessOnline https://rebusinessonline.com/category/southeast/south-carolina/ 32 32 Longleaf Capital Obtains Acquisition Loan for Industrial Property in Spartanburg, South Carolina https://rebusinessonline.com/longleaf-capital-obtains-acquisition-loan-for-industrial-property-in-spartanburg-south-carolina/ Wed, 18 Mar 2026 14:13:13 +0000 https://rebusinessonline.com/?p=452644 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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Pinckney Begins Vertical Construction of 34-Acre Mixed-Use Development on Johns Island in South Carolina https://rebusinessonline.com/pinckney-begins-vertical-construction-of-34-acre-mixed-use-development-on-johns-island-in-south-carolina/ Mon, 16 Mar 2026 12:53:59 +0000 https://rebusinessonline.com/?p=452431 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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BWE Arranges Acquisition Financing for 142-Unit Seniors Housing Community in Metro Charleston https://rebusinessonline.com/bwe-arranges-acquisition-financing-for-142-unit-seniors-housing-community-in-metro-charleston/ Fri, 13 Mar 2026 13:11:15 +0000 https://rebusinessonline.com/?p=452331 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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CAPREIT Acquires 157-Unit Build-to-Rent Development Underway in Woodruff, South Carolina https://rebusinessonline.com/capreit-acquires-157-unit-build-to-rent-development-underway-in-woodruff-south-carolina/ Wed, 11 Mar 2026 13:53:13 +0000 https://rebusinessonline.com/?p=452164 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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Container Collective to Relocate to Morris Square Mixed-Use Development in Downtown Charleston https://rebusinessonline.com/container-collective-to-relocate-to-morris-square-mixed-use-development-in-downtown-charleston/ Mon, 09 Mar 2026 14:12:00 +0000 https://rebusinessonline.com/?p=451957 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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Public-Private Partnership Breaks Ground on 157-Unit Workforce Housing Project on Hilton Head Island https://rebusinessonline.com/public-private-partnership-breaks-ground-on-157-unit-workforce-housing-project-on-hilton-head-island/ Wed, 04 Mar 2026 15:00:29 +0000 https://rebusinessonline.com/?p=451678 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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LV Collective, Harrison Street to Break Ground on 749-Bed Student Housing Development Near Clemson University https://rebusinessonline.com/lv-collective-harrison-street-to-break-ground-on-749-bed-student-housing-development-near-clemson-university/ Tue, 03 Mar 2026 15:32:40 +0000 https://rebusinessonline.com/?p=451594 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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ZRP Sells 124,375 SF Shopping Center in Greenville, South Carolina https://rebusinessonline.com/zrp-sells-124375-sf-shopping-center-in-greenville-south-carolina/ Thu, 19 Feb 2026 14:06:31 +0000 https://rebusinessonline.com/?p=450814 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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CBRE Negotiates 342,000 SF Industrial Lease in Summerville, South Carolina https://rebusinessonline.com/cbre-negotiates-342000-sf-industrial-lease-in-summerville-south-carolina/ Wed, 18 Feb 2026 13:30:07 +0000 https://rebusinessonline.com/?p=450705 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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Cushman & Wakefield Arranges $28.7M Construction Financing for Charleston Apartment Project https://rebusinessonline.com/cushman-wakefield-arranges-28-7m-construction-financing-for-charleston-apartment-project/ Wed, 18 Feb 2026 13:26:45 +0000 https://rebusinessonline.com/?p=450703 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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Avison Young Brokers Sale of 448,765 SF Industrial Facility Near Charleston https://rebusinessonline.com/avison-young-brokers-sale-of-448765-sf-industrial-facility-near-charleston/ Thu, 12 Feb 2026 15:47:27 +0000 https://rebusinessonline.com/?p=450342 SUMMERVILLE, S.C. — Avison Young has brokered the sale of 479 Trade Center Parkway, a 448,765-square-foot warehouse and distribution facility located within Charleston Trade Center in Summerville. The facility’s sole tenant at the time of sale was IFA Rotorion, an automotive supplier of prop shafts and joint competencies for auto manufacturers such as BMW, Mercedes-Benz, Porsche and Ferrari. California-based Goldrich Kest purchased the 32-acre property for an undisclosed price. Erik Foster, Michael Wilson and Alex Irwin of Avison Young brokered the transaction. The seller was also not disclosed.

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Frampton Delivers 300,000 SF Distribution Facility in South Carolina for Le Creuset https://rebusinessonline.com/frampton-delivers-300000-sf-distribution-facility-in-south-carolina-for-le-creuset/ Tue, 10 Feb 2026 15:11:02 +0000 https://rebusinessonline.com/?p=450130 EARLY BRANCH, S.C. — Frampton Construction has delivered a new 300,000-square-foot build-to-suit distribution facility located at 601 Bob Gifford Parkway in Early Branch for cookware manufacturer Le Creuset of America. The 62-acre property is situated in Hampton County and sits about 54 miles north of Savannah via I-95. The development serves as Le Creuset’s North American distribution hub and also features two stories of office space for the company’s executive offices, call centers and administrative support. The design-build team includes McMillan Pazdan Smith (architect), Thomas & Hutton (civil engineer), WGPM (structural engineer), Paulson Cheek Mechanical (mechanical and plumbing contractor) and Allegiance Industries (electrical contractor).

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Continental Realty Corp. Buys 329-Unit Multifamily Community in Summerville, South Carolina https://rebusinessonline.com/continental-realty-corp-buys-329-unit-multifamily-community-in-summerville-south-carolina/ Fri, 06 Feb 2026 14:24:14 +0000 https://rebusinessonline.com/?p=449925 SUMMERVILLE, S.C. — Baltimore-based Continental Realty Corp. has acquired Elevate at Brighton Park, a 329-unit apartment complex located in the Charleston suburb of Summerville. Alex Okulski of Newmark represented the seller, American Landmark, in the transaction. The sales price was not disclosed. Situated within the 5,000-acre, master-planned community of Nexton, Elevate at Brighton Park comprises 19 three-story buildings that offer garden-style apartments, carriage homes and townhomes. Floorplans at the complex range from one-, two- and three-bedroom layouts, with an average unit size of 1,014 square feet. Amenities include a standalone clubhouse with separate fitness and business centers, a saltwater swimming pool, outdoor lounge areas with grills, hammock garden and a dog park.

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Newmark Arranges $690M Refinancing for West Shore’s Multifamily Portfolio in Sun Belt https://rebusinessonline.com/newmark-arranges-690m-refinancing-for-west-shores-multifamily-portfolio-in-sun-belt/ Tue, 03 Feb 2026 15:46:54 +0000 https://rebusinessonline.com/?p=449684 BOSTON — Newmark has arranged a $690 million CMBS loan for the refinancing of a 13-property, 4,077-unit multifamily portfolio in the Sun Belt. The borrower, Boston-based West Shore, is refinancing properties in five Florida cities — Daytona Beach, Gainesville, Melbourne, Ocala and Tallahassee — as well as Columbia and Lexington, S.C.; Knoxville, Tenn.; and Bryan, Texas. Purvesh Gosalia arranged the cash-out, single-asset single-borrower (SASB) refinancing through Citi. The transaction represents the largest multifamily closing in the United States year-to-date, according to Newmark.

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JLL Brokers Sale of 358-Unit Apartment Community in North Charleston https://rebusinessonline.com/jll-brokers-sale-of-358-unit-apartment-community-in-north-charleston/ Wed, 21 Jan 2026 14:59:10 +0000 https://rebusinessonline.com/?p=448797 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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Landmark, Silverpeak Plan 825-Bed Student Housing Development Near University of South Carolina https://rebusinessonline.com/landmark-silverpeak-plan-825-bed-student-housing-development-near-university-of-south-carolina/ Fri, 16 Jan 2026 16:24:50 +0000 https://rebusinessonline.com/?p=448503 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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FRP Development, Woodfield Begin Vertical Construction on Woven Mixed-Use Project in Greenville https://rebusinessonline.com/frp-development-woodfield-begin-vertical-construction-on-woven-mixed-use-project-in-greenville/ Thu, 15 Jan 2026 14:45:37 +0000 https://rebusinessonline.com/?p=448376 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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Marcus & Millichap Brokers Sale of New Retail Property in Easley, South Carolina Leased to Firestone https://rebusinessonline.com/marcus-millichap-brokers-sale-of-new-retail-property-in-easley-south-carolina-leased-to-firestone/ Fri, 09 Jan 2026 13:33:38 +0000 https://rebusinessonline.com/?p=447987 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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GMH Communities, AEW Capital Buy Two Student Housing Communities Near Clemson University, LSU https://rebusinessonline.com/gmh-communities-aew-capital-buy-two-student-housing-communities-near-clemson-university-lsu/ Tue, 23 Dec 2025 15:37:28 +0000 https://rebusinessonline.com/?p=447500 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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Berkadia Brokers Sale of 240-Unit Apartment Community in Murrells Inlet, South Carolina https://rebusinessonline.com/berkadia-brokers-sale-of-240-unit-apartment-community-in-murrells-inlet-south-carolina/ Tue, 23 Dec 2025 15:35:52 +0000 https://rebusinessonline.com/?p=447487 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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