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Commercial Real Estate News
South Carolina
Commercial Real Estate News
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Dominion Realty Enters Columbia with $24.3 Million Office Park Buy
Raleigh, North Carolina-based Dominion Realty Partners teamed up with Chicago-based Blue Vista Capital Management in its first ever Columbia, South Carolina acquisition. The joint venture purchased the four-building Synergy Business Park for $24.25...

Hurricane Florence Threatens More Than $33 Billion in Commercial Property
Hurricane Florence, an intensifying Category 3 storm nearing the shores of North Carolina and South Carolina, will imperil an estimated $33.5 billion in commercial real estate. In an analysis of the coastline from Georgetown, South Carolina, to Buxton...

Memphis-Based Folgeman Teams Up with Dallas Investor to Buy Apartments in Florida, South Carolina
Memphis, Tennessee-based multifamily investor Fogelman Properties teamed up with investment firm Thackeray Partners to buy two apartment complexes across the Southeast in two separate transactions totaling $67 million. The two properties the joint...

American Landmark Pays $274 Million for 1,900 Apartments Across the Southeast
American Landmark completed its $274 million purchase of a six-property Southeast multifamily portfolio, which included Integra Springs at Kellswater in Charlotte.A Florida investment firm this week closed on the final two pieces of a major acquisition...

Google Moving Forward with $600 Million Expansion of South Carolina Data Center After County Approves Incentive Package
One decade after opening a data center in the Mount Holly Commerce Park in Moncks Corner, South Carolina, just north of Charleston, tech giant Google recently received approvals from Berkeley County to invest $600 million for a third expansion of the...

Willow Creek Partners Secures $17 Million Bridge Loan for Azalea Hill in Greenville
Reston, Virginia-based Willow Creek Partners secured $17 million in financing for Azalea Hill, a 160-unit apartment complex in Greenville, South Carolina. The loan was originated by Suzanne Cope of Hunt Real Estate Capital, which originated the bridge...

Medical, Educational and Religious Uses Fortify Southeastern Shopping Centers
Alex Munoz, managing director with Atlanta-based retail real estate firm, The Shopping Center Group. Courtesy: The Shopping Center Group.On the eve of the International Council of Shopping Centers' Florida conference, an expert who oversees 360 properties...

New Jersey-Based Industrial REIT Buys FedEx Ground Facility in North Charleston for $47.2 Million
Freehold, New Jersey-based real estate investment trust Monmouth Real Estate Investment Corp. acquired a 265,318-square-foot FedEx Ground facility near North Charleston, South Carolina, for $47.17 million, or about $178 per square foot. Monmouth Real...

Myrtle Beach Multifamily Rent Growth Among the Highest in the Nation
The Latitude at the Commons, a 288-unit apartment complex in Myrtle Beach, South Carolina. With more than 14 million visitors a year, Myrtle Beach, South Carolina, is regularly one of America’s most crowded beaches. But it’s not just tourism keeping...

New Tariffs Creating Concern Among Carmakers in South Carolina
Pictured: The 6 million-square-foot BMW Assembly Plant in Greer, South Carolina. The increase of tariffs on foreign goods has created uncertainty in South Carolina’s industrial market. Already, major companies have had to address what impact the new...

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