Colliers International’s Chuck Salley, SIOR and Dave Mathews represented the buyer, 3130 Bluff Rd, LLC, a Reger Holdings Company, in the $600,000 purchase of 3130 Bluff Road in Columbia, South Carolina. 3130 Bluff Road is a 174,000 square foot industrial facility located just off I-77 at exit 5 in southeast Columbia.
After extensive renovations, the property will be leased as a multi-tenant industrial facility offering amenities such as high output energy efficient fluorescent lighting, a heat reducing roof system, a re-surfaced truck court and ample trailer and employee parking. Rental rates are expected to be 30% to 50% below comparable buildings in the area. Salley and Mathews will be responsible for the leasing of the facility.
Salley is a Vice President of Colliers International South Carolina and Director of the Industrial Brokerage Group / Columbia. Mathews is a Senior Brokerage Associate of Colliers. Salley and Mathews are the leading industrial brokerage team in central South Carolina specializing in the leasing and sale of warehouse and industrial facilities.
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Colliers International is a global leader in commercial real estate services, with over 13,500 professionals operating out of more than 482 offices in 62 countries. A subsidiary of FirstService Corporation, Colliers International delivers a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research. The latest annual survey by the Lipsey Company ranked Colliers International as the second-most recognized commercial real estate firm in the world.
Colliers International South Carolina has 139 staff, including 57 real estate professionals. Total brokerage volume for the firm in 2013 was approximately $350 million involving over 550 sales and leasing transactions. Colliers International is the largest third party manager of commercial real estate in South Carolina with a portfolio of over 8.5 million square feet of office, industrial, retail and healthcare properties. Colliers International’s staff hold 40 professional designations, the most of any firm in South Carolina.