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Real Estate - Commercial

Summerville townhome community sold

Real Estate - Commercial
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The 132-unit Chamberlain Pines townhome community in Summerville has been sold. (Photo/Provided)Chamberlain Pines, a 132-unit single-family rental townhome community at 1060 Orangeburg Road in Summerville, has been sold.

JLL Capital Markets represented sellers Blaze Capital Partners, based in Charleston, and Cross Lake Partners out of New York, and secured the financing on behalf of the new owner, according to a news release.

Chamberlain Pines, located 24 miles northwest of Charleston, features three- and four-bedroom townhomes with an average size of 1,685 square feet. Interiors include stainless steel appliances, side-by-side refrigerators, granite countertops, vinyl plank flooring, attached garages and full-sized backyards with patios.

JLL Capital Markets’ investment sales advisory team was led by managing directors Matthew Putterman, Zach Nolan and Chris Shea, and executive managing director Lee Allen.

Senior managing director Matt Kafka, director Laura Sellingsloh and managing director Chip Sykes of JLL’s Debt Advisory team represented the buyer.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm has more than 3,000 specialists worldwide with offices in nearly 50 countries.

Reach Christina Lee Knauss at 803-753-4327.

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