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HOT PROPERTIES: Retail center sells for $28.5M in Mount Pleasant

Ross Norton //July 17, 2023//

HOT PROPERTIES: Retail center sells for $28.5M in Mount Pleasant

Ross Norton //July 17, 2023//

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Moultrie Plaza in Mount Pleasant was sold by GMB LLC to Edens. (Photo/Provided)Alan Freeman and Jeff Yurfest of The Shopping Center Group represented the buyer, Edens, in the sale of 104,000 square feet and 8.8 acres of retail space at Moultire Plaza on Coleman Boulevard and Simmons Street in Mount Pleasant.

GMB LLC sold the property for $28.5 million. Tim Wood and Woody Kapp of Meyer Kapp and Associates represented the seller.

Other commercial real estate transactions in the Charleston area include:

Jing “Julia” Donovan of Coldwell Banker Commercial Atlantic represented the tenant, Manqing Ye, in the lease of retail space at 1039 Johnnie Dodds Blvd. in Mount Pleasant. Mark J. Tezza of Kennerty, Ratner, Tessa LLC represented the landlord, Caro-Cal Associates LLC.


One Nexton Blvd., Summerville (Photo/Provided)Hannah Kamba and Brent Case of Coldwell Banker Commercial Atlantic represented the tenant, Dulce Inc., in the lease of 2,404 square feet of retail space at One Nexton Blvd. in Summerville from The Shopping Center Group. Jeff Yurfest represented the landlord.


Robert Pratt of Re/Max Pro Realty represented the landlord, 113 N. Magnolia LLC, in the lease of 1,366 square feet of retail space at 113 N. Magnolia St., Suite A, in Summerville to Sip of the South LLC. Roy Oglesby of Carolina One Real Estate represented the tenant.


NAI Charleston veteran broker Will Sherrod recently facilitated the sale of a 23,755-square-foot former bank branch and additional office space on 3.7 acres of land at 201 N. Spence Ave. in Goldsboro, N.C. The property is located approximately one mile from Seymour Johnson Air Force Base and sits near N. Berkeley Boulevard, which is the main retail corridor serving the Goldsboro market.


Jenna Philipp of Palmetto Commercial Properties LLC represented the landlord, James Island Business Park LLC, in the lease of 15,315 square feet of industrial space at 1750 Signal Point Road to Jenna Mobile Philipp.


Caroline Boyce of Coldwell Banker Commercial Atlantic represented the tenant, Sweet Moon Bakery, in the lease of 1,200 square feet of retail space in Unit 12 at 5131 Dorchester Road in North Charleston. Vitre Ravenel Stephens and Taylor Sekanovich of Harbor Commercial Partners represented the landlord.


Hannah Kamba and Brent Case of Coldwell Banker Commercial Atlantic represented the tenant, Blue Clements Ferry Inc., in the lease of 4,000 square feet of retail space at 834 Foundation St. in Charleston. Fritz Meyer and Eric Meyer of Meyer Kapp & Associates LLC represented the landlord.


Hannah Kamba and Brent Case of Coldwell Banker Commercial Atlantic represented the tenant, Catrinas Nexton Inc., in the lease of 4,567 square feet of retail space at One Nexton Blvd. in Summerville. Jeff Yurfest of The Shopping Center Group represented the landlord.


Todd Garrett, Tradd Varner and Crawford Riddle of Harbor Commercial Partners represented the buyer, 2514 Oscar Johnson Road LLC, in the sale of 4,968 square feet industrial space at 2514 Oscar Johnson Road in North Charleston from the estate of Johnathan Uram for $785,000. Robin Pye of Carolina One Real Estate represented the seller.


Vitré Ravenel Stephens and Taylor Sekanovich of Harbor Commercial Partners represented the landlord, Fifty-Two Associates, in the lease of 2,750 square feet of retail space at 8410 Rivers Ave., Suites B and C, North Charleston, to Mulligan's.


Mark Erickson and Jarred Watts of Colliers represented Geopolymer International LLC in the leasing of 4,000 square feet of industrial space at 200 Varnfield Drive in Summerville.

Hot Properties highlights recently sold or leased commercial properties in the Charleston region. Send in your transactions using our online form.

 

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