Leasing & Property Transfers in Downtown/West End vicinity

[vicupstate]

Downtown Land Rush

DT Office vacancy is 11.5%, down from 14.4% last year. Average asking rent is $24.12 per SF, up 5.9% from last year.    

[GvilleSC]

If this continues to hold, will we see the Camperdown office "tower" or the next building in Riverplace (proposed as future office behind Embassy Suites) submit plans for construction sooner rather than later? 

[vicupstate]

.683 parcel at 910 Pendleton St. sold for $600k. Currently in use as a Car Wash. 

[vicupstate]

109 W. Stone (the small engine repair business that will become Westone) sold for 860k, 1.1 acres.

[vicupstate]

Agfa building sold for $10.2 million on 3/1.  4.76 acres. 

[vicupstate]

1 Augusta St. West End Market building (Smoke on the Water, etc.) sold for $4,986.500. 

[gman430]

On March 9, 2017 at 8:37 AM, vicupstate said:

Agfa building sold for $10.2 million on 3/1.  4.76 acres. 

I guess that means the project for this site is moving forward. 

[vicupstate]

27 minutes ago, gman430 said:

I guess that means the project for this site is moving forward. 

What project is that?  

[gman430]

1 hour ago, vicupstate said:

What project is that?  

This one: 

Page 130. Half way down the page.

Edited March 14, 2017 by gman430

[vicupstate]

United Community Bank paid $5.7 million for 125 E. Broad St. office building. 

[SVL]

2 hours ago, vicupstate said:

United Community Bank paid $5.7 million for 15 E. Broad St. office building. 

Isn't 15 E Broad the empty lot at Main an Broad?

[vicupstate]

1 hour ago, SVL said:

Isn't 15 E Broad the empty lot at Main an Broad?

Sorry that was suppose to be 125 Broad.  I have corrected the original post.

[SVL]

15 minutes ago, vicupstate said:

Sorry that was suppose to be 125 Broad.  I have corrected the original post.

Well shoot, I thought something exciting was about to happen on that corner. 

[vicupstate]

229 Augusta St 3,500 SF Retail building $235K

801 Augusta St. 8,342 SF Retail building $600k. Bought by David Stone/ Stone Family which owns nearly the entire block except one .25 acre parcel. If he were to buy that one, he would have 6 acres total.    

 

Keith Jones, CCIM, was the agent in the lease of 2,500 SF of office space located AT 508 Rhett St. in Greenville by West End North LLC to The Bateman Law Firm.

[vicupstate]

The Auto Parts store that is becoming Half Moon Outfitters on Stone Ave. sold for $1,390,000.  .42 acre parcel.

[vicupstate]

 Office building at corner of Church and Tindall (1395 S. Church) sold for $890k on 6/14/17.   Site is .687 acres

[vicupstate]

416 E. North St. sold for 1,550,000 on 6.22. Parcel is ,45 acres

[vicupstate]

103 Wade Hampton Blvd. sold on 6/23 for 1.6 million. .15 acre site. This is the Coffee shop building.

[vicupstate]

628 S. Main St. sold for $1.7mm on 6/27/17.

.16 acre with 2263  SF building.

[vicupstate]

Brantley Anderson and Taylor Allen were the agents in the lease of 10,660 SF of office space at 15 S. Main St., Suite 400, in Greenville by CAPROCQ GREENVILLE LLC SC to DP3 Architects.

Brantley Anderson and Taylor Allen were the agents in the lease of 12,441 SF of office space at 15 S. Main St., Suite 700, in Greenville by CAPROCQ GREENVILLE LLC to Jackson Lewis.

Brantley Anderson and Taylor Allen were the agents in the lease of 8,207 SF of office space at 15 S. Main St., Suite 900, in Greenville by CAPROCQ GREENVILL LLC to Arthur Gallagher Risk Management Services Inc.

Brad Doyle was the agent in the lease of 3,800 SF of office space at Falls Place Office Building in Greenville to Ambling LLC.

Brad Doyle and Larry Webb were the agents in the sale of 613 E. McBee Ave., Greenville, by Toad Hall LLC to Darryl Holland .

Mark Masaschi, CCIM, and Mark Ratchford, MAI, were the agents in the sale of 656 S. Main St. in Greenville to 656 Partners LLC.

 

Speaking of 15 S. Main St...

Wells Fargo Lobby redesign unveiled

[vicupstate]

Paul Aughtry transferred the parcel he bought from the county on River St. to an LLC that he is the agent of for $2mm. 

 

[vicupstate]

The last parcel fronting on the south side of Pendleton St between Aiken and Textile has been acquired by Vaz Properties LLC. The total acreage is 1.376 on the south side.  

They also own three parcel on the North side of that block totaling .876 acres..   

[vicupstate]

EXTRA, EXTRA !!

BB&T building and parking lot (5.6 acres total) sold to the Beach Company on 7/28/17 for $10 million.

In August $738k building permit issued for 106 Hampton which is vacant lot that is part of the sale. Permit references 1,423 SF which is way over $500 per ft.  Might be a reno to the BB&T building itself though.

Surprised nothing has surfaced on this given Beach Company has already done two major projects here. Those being Main & Stone and South Ridge.  

[Jet-set]

That is strange; though a renovation of the existing building is likely. I would have expected some sort of announcement as to their plans for the building. The only confusing part is the 1423 square feet aspect, could it be they are renovating the top floor to be a residential penthouse?

[gman430]

Well, that didn't stay on the market long. O o Great news. 

Jet-set, the 1,423 square feet is for the vacant lot not the building.

Edited September 9, 2017 by gman430