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Commercial Real Estate News
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07/17/2018
Charleston-Based Blackbaud Opens New Global HQ
Rendering of Blackbaud’s campus in Charleston, SC.Courtesy: ASD Architects, Holder Properties. Charleston’s largest publicly-traded software company just built a new global headquarters in Daniel Island and hopes to bring 300 additional jobs to the metropolitan...

07/13/2018
AD1 Global Adds 157-Key Hotel in Myrtle Beach to Portfolio
AD1 Global, a Hollywood, FL-based hotel investor, acquired the 157-key Courtyard Myrtle Beach Barefoot Landing hotel from Vista Hospitality for an undisclosed price. Vista Hospitality, a Kitchener, Ontario-based investor, originally acquired the hotel...

07/09/2018
Benbrooke Pays $2.65 Million for North Village Shopping Center
Benbrooke Realty Investments, Inc., an investment and asset management firm headquartered in White Plains, NY, acquired the North Village Shopping Center in North Charleston, SC from Nirenblatt Nirenblatt & Hoffman for $2.65M or about $105 per square...

07/06/2018
Northtowne Corners Trades for $2.7 Million in Anderson
A private investor taking title as SBO LLC acquired the Northtowne Corners retail center in Anderson, SC from another private investor for $2.74 million, or about $192 per square foot. Built in 1993, the 14,250-square-foot retail center is located...

06/29/2018
Peach State Hospitality Pays $7.4 Million for 1.3-Acre Lot in Charleston
Peach State Hospitality LLC, a Warner Robins, GA-based firm, acquired a 1.3-acre site at 194 Cannon St. in Charleston, SC from Calcote Properties LLC for $7.35 million in an all-cash deal. Peach State Hospitality is planning to develop the site into...

06/27/2018
In Charleston’s Office Market, Strong Leasing Results in Vacancies Near Historical Lows
Rendering of Blackbaud’s campus in Charleston, SC.Courtesy: ASD Architects, Holder Properties. More office space has been absorbed in Charleston, SC, in the past year than in any other 12-month period this cycle. The market’s relative affordability...

06/26/2018
McKinley Picks Up Two Walmart-Leased Properties in South Carolina, Georgia
Ann Arbor, MI-based McKinley, Inc. acquired two Walmart-leased retail buildings in South Carolina and Georgia from Chattanooga, TN-based Fletcher Bright Co. for an aggregate price of $13.36 million, or about $159 per square foot. The Walmart in South...

06/25/2018
Myrtle Beach Tops the Charts In Rapidly-Growing State
The recently-delivered 305-unit Lively at Carolina Forest is roughly 99 percent occupied and its initial units delivered just 13 months ago. Image courtesy of PDI Architecture, C.F. Evans. With a population growing four times the national average, Myrtle...

06/19/2018
Capital Development Partners, Greenfield JV Breaks Ground on $125 Million Savannah Port Logistics Campus
Credit: Capital Development Partners Atlanta-based Capital Development Partners, along with equity partner Greenfield Partners, broke ground on the $125 million Savannah Port Logistics Campus in Pooler, GA. The 2.3 million-square-foot logistics park...

06/15/2018
Downtown Greenville Continues to Outperform Historical Growth
The 201-unit Ellison on Broad in Downtown Greenville, SC, built in early 2017. Less than a decade after being essentially a sleepy, second-tier multifamily submarket, Downtown Greenville, SC has emerged as one of the fastest growing submarkets in the...

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