Colliers International’s Chuck Salley, SIOR, Dave Matthews, SIOR and Hagood Morrison, SIOR completed the acquisition of a 246,995 square foot industrial facility located at 3191 Ashley Phosphate Road, North Charleston, South Carolina. The Colliers team represented the purchaser, Reger Holdings, LLC in the transaction.
The Colliers industrial team also represented Reger Holdings, LLC in a new 66,000 square foot lease with Softex Inc. Colliers currently has 90,000 square feet in the building available for lease.
Over the past four years Reger Holdings, LLC, has become a significant industrial landlord in South Carolina by providing a cost efficient building in well maintained facilities across the state. Reger Holdings, with the help of its brokerage team at Colliers International, has leased over 1,300,000 square feet of industrial space to 27 different companies employing over 650 people in South Carolina. Reger Holdings currently has a portfolio of 22 industrial buildings totaling over 3,000,000 square feet of space throughout the state of South Carolina. The portfolio has 1,700,000 SF of available space in 9 counties across South Carolina ranging from 13,000 square feet to 450,000 square feet. Colliers International provides leasing and property management services for the Reger Holdings portfolio.
ABOUT COLLIERS INTERNATIONAL
Colliers International is a global leader in commercial real estate services, with over 15,800 professionals operating out of more than 485 offices in 63 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 over 140 staff members, including 60 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 manager of commercial property in South Carolina and is an Accredited Management Organization (AMO) through the Institute of Real Estate Management (IREM), with a portfolio of approximately 10.6 million square feet of office, industrial, retail and healthcare properties. Colliers International’s staff holds 45 professional designations, the most of any firm in South Carolina.