Leasing & Property Transfers in Downtown/West End vicinity

[vicupstate]

The Greene Apartments on South Main St. in the West End sold on 11/26/19 for $72.5 mm.   That works out to $267k per key. The seller will be doing the project between Vardry and Field St. as well.   

 If that is not the highest price per unit for an apartment complex sale in Greenville County, it has got to second.  The 98 McBee building sold in 2016 for $12.75 mm  and that is the only one that might beat it. I can't be certain because I don't recall the number of units there off hand.  

For comparison, The District sold in Sept. 2019 for about $227k a key.  It does have a lot more units though, 365 vs. 271 for The Greene.  I imagine the per unit price falls as the number of units rises. 

We are seriously getting into Peninsular Charleston level with these prices regardless. 

 

[vicupstate]

Trailside Apartments sold on 12/13/19 for $47.3 mm or $220k per unit (215 total).  That price is lower than The District and The Greene, but unlike those projects Trailside has no parking garage.

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The nearly one acre parcel at Rhett and Markley streets that will be the site of the new hotel sold for $3.5 on 12/16/19.

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Trey Cole paid $920k for a .397 parcel at  Augusta and Harris that will be the site of his 8 unit MF project.  

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808 Pendleton Street sold for $114k on 12/2/2019.

[vicupstate]

Pendleton Street Baptist has had 123 Arlington St. (Anderson at Arlington) under contract and was supposed to close on 1/3/20 for $515k.  The church is still determining  how it will use the 3962K SF building. 

[vicupstate]

On 1/5/2020 at 6:34 PM, vicupstate said:

Pendleton Street Baptist has had 123 Arlington St. (Anderson at Arlington) under contract and was supposed to close on 1/3/20 for $515k.  The church is still determining  how it will use the 3962K SF building. 

Closed on 1/7/20. 

[vicupstate]

Quarterly Update from Upstate Business Journal

Landmark building:
4,959 SF 
1,190 SF
Bank of America building:
16,296 SF
3,444 SF
2,431 SF
1,223 SF
ONE Building
4,275 SF Phase 1
5,696 SF Phase 2
Courtyard  -40 W. Broad St.
6,450 SF
1122 S. Main St. 
4,780 SF
Poe West 
10,986 SF 
211 N. Main St. 
1,880 SF
135 S. Main St. 
3,200 SF

Office/Retail condo units at 121 Rhett Units 100 and 101 sold, 2008 SF
 

[vicupstate]

800 E. North St. sold for $1.2 mm on 3/6/20.

205 Anderson St. sold for $1.2 mm on 3/6/20.  This is the old school that will be demolished for new Townhouses. 

[vicupstate]

1.383 acre parcel on Pete Hollis sold for $810k on 3/17/20. This is the townhomes site.  Everything between Keat Ave and Pete Hollis. 

615 Poinsett Hwy. bought by Sphinx on 3/17/20 for $603,735. This is the SFH between Channel 4 and the new Sphinx station.  

 

[vicupstate]

The old Sav-A-Lot at North Main ans Stone sold on 4/2/20 for $2,550,000 to Windward Partners Xix LLC. 

[vicupstate]

$3,050,000 Building Permit issued for 761 Verdae Blvd.  7,907 SF issued 3/31/20.

$125k Building Permit for 2 West Washington St. [second building of ONE] issued on 4/2, possibly for a new tenant??

[vicupstate]

225A N. Main St (Subway store) sold for $1,350,000 on 4/17/20. 

$900k building permit 6,681 Sf for 114 Laurens Rd. issued 4/28/20. 

$165k building permit  4,200 SF for 45 Pete Hollis Blvd issued 4/27/20. 

$580k building permit for 656 S. Main St. #101 issued 4/13/20.

$2, 961,000  building permit for 12,126 SF SFH at 2513 Augusta St. issued 4/24/20 

 

 

[GvilleSC]

36 minutes ago, vicupstate said:

 

$2, 961,000  building permit for 12,126 SF SFH at 2513 Augusta St. issued 4/24/20 

 

 

I'm interested to see what they build, given their promises and reasons for demolishing the old house on the property. 

[vicupstate]

$785k building permit for First Citizens building issued on 5/4/20.  Listed for 76,136 SF

[vicupstate]

The property for the Shoeless Joe Jackson apartment project sold on 4/29/20 for $8,549,030. 2.88 acres total.  

[vicupstate]

$268k building permit for one of the Liberty buildings on 5/12/20. 5,823 SF. Hopefully a new tenant.   

[vicupstate]

$416k building permit for 4,454 SF in the ONE building issued 5/21/20.

$2mm building permit for 9,374 SF at 1501 E. North St.

 $10.6 mm building permit for 42,370 SF at  Downtown Presbyterian. 

[vicupstate]

1.44 acre site on Rutherford between QT and Tommy's Ham House sold for $900k on 5/21/20. 

Arby's is going there. 

Speaking of Arby's their Spicy Greek Gyros are quite tasty.   

[vicupstate]

The Swamp Rabbit Inn on Logan Street in the West End sold for $600k on 5/28/20. The TR facility sold for $550k on the same day. Buyer apparently also owns the old Greenville Memorial Auditorium property as well.    

[GvilleSC]

47 minutes ago, vicupstate said:

The Swamp Rabbit Inn on Logan Street in the West End sold for $600k on 5/28/20. The TR facility sold for $550k on the same day. Buyer apparently also owns the old Greenville Memorial Auditorium property as well.    

So, you're saying that we shouldn't expect them to do anything with it? 

[vicupstate]

Markley Station sold on 6/2/20 for $8,886,000

[vicupstate]

Anyone know more about this?

New South Properties of Clemson closed on  500 East Washington St. (corner of Washington and Mordecai) on 6/9/20.  Seller was Christ Church.  Price was $2,650,000  and     Parcel is .659 acres. 

 

[GvilleSC]

9 minutes ago, vicupstate said:

Anyone know more about this?

New South Properties of Clemson closed on  500 West Washington St. (corner of Washington and Mordecai) on 6/9/20.  Seller was Christ Church.  Price was $2,650,000  and     Parcel is .659 acres. 

 

Looks like this should actually be 500 EAST Washington. I'd love to see a new project in this neighborhood. 

[vicupstate]

21 minutes ago, GvilleSC said:

Looks like this should actually be 500 EAST Washington. I'd love to see a new project in this neighborhood. 

Thanks. I have corrected. 

[gman430]

6 hours ago, vicupstate said:

Anyone know more about this?

New South Properties of Clemson closed on  500 East Washington St. (corner of Washington and Mordecai) on 6/9/20.  Seller was Christ Church.  Price was $2,650,000  and     Parcel is .659 acres. 

 

I believe I remember hearing about a condo development being planned here last year sometime.

 

Edited June 16, 2020 by gman430

[vicupstate]

23 minutes ago, gman430 said:

I believe I remember hearing about a condo development being planned here last year sometime.

 

Are you possibly thinking of the project at 600 East Washington, which I believe has a separate thread  in this forum?  

[gman430]

1 hour ago, vicupstate said:

Are you possibly thinking of the project at 600 East Washington, which I believe has a separate thread  in this forum?  

No, this is separate from that one. I assumed the 600 East Washington Street project was dead. Lol.

 

Edited June 16, 2020 by gman430