Whit Jones of NAI Charleston recently assisted Bilda Bike in securing their second retail location and warehouse for inventory in the Park Circle community in North Charleston. The 3,000-square-foot building, located at 4263 Spruill Ave. in Charleston was previously occupied by an automotive company and will be repurposed to house the bicycle retailer.
Bilda Bike plans to open the retail location in 2023, at which time they will return to producing custom model bikes, according to a news release.
Jones represented the buyer, and Anne Lawless, Jeff Baxter and Jim Haley of Cityvolve Commercial Realty LLC represented the seller, MCDEW LLC. The property sold for $800,000.
“I was pleased to represent the buyer in this transaction,” Jones said in the news release. “The Park Circle area is continuing to grow, so it is great to see a local company such as Bilda Bike expand into this market.”
Other Hot Properties transactions included:
Brian Connolly of JLL represented the landlord, RCB Development, in the lease of 17,000 square feet of warehouse space at 70 Romney Street to Ferguson.
Ashley Jackrel, Leslie Fellabom and Chris Fraser of Avison Young represented the tenant, John Kelly, in the lease of 1,653 square feet of office space at 90 Springview Lane in Summerville from P.R. Properties of Summerville LLC.
Ashley Jackrel, Leslie Fellabom and Chris Fraser of Avison Young represented the landlord, 845 Lowcountry Associates LLC, in the lease of 500 square feet of office space at 845 Lowcountry Blvd. in Mount Pleasant to Heidi Alexander. Avison Young also represented the tenant.
Ashley Jackrel, Leslie Fellabom, Christopher Fraser and Willie Schaub of Avison Young represented the tenant, Sean Trask, in the lease of 160 square feet of office space at 125 Wappoo Drive, Charleston, from TRC Wappoo LLC.
Christopher Fraser, Ashley Jackrel and Leslie Fellabom of Avison Young represented the landlord, Twobeetwo Associates LLC, in the lease of 1,000 square feet of office space at 171 Church St. in Charleston from Arisgarde LLC.
Robert Pratt of Re/Max Pro Realty represented the landlord, Seventeen A Associates LLC, in the lease of 4,500 square feet of flex space in Suite A1 at 1907 Varner St. in Summerville to Carelinc Medical Equipment & Supply Co. LLC. Keith Mayfield of Twin Rivers Capital represented the tenant.
Kip Bowman and Sara Bodell of Coldwell Banker Commercial Atlantic represented the buyer in the sale of three acres of land at 3517 Maybank Highway in Charleston for $1,295,000. Eddie Hughes of the Beach Co. represented the seller.
Hot Properties highlights recently sold or leased commercial properties in the Charleston region. Send in your transactions using our online form.