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Commercial real estate offices in Charleston, Columbia and Greenville, South Carolina

South Carolina

Charleston Office
25 Calhoun Street
Suite 220
P.O. Box 610 (29402)
Charleston, SC 29401
USA (Map)
Tel: +1 843 723 1202

Columbia Office
1301 Gervais Street
Suite 600
Columbia, SC 29201
USA (Map)
Tel: +1 803 254 2300

Greenville Office
55 E. Camperdown Way
Suite 200
Greenville, SC 29601
USA (Map)
Tel: +1 864 297 4950

Colliers International brokers purchase of 4.06 acres at Harden and Gervais for new student housing project

Columbia, SC – Colliers International’s Tripp Bradley, CCIM and Neel Keenan represented the buyer, Peak Campus Development, in the purchase of approximately 4.06 acres of land at the intersection of Harden and Gervais streets. The land, which includes the former Greyhound bus station, was purchased as a result of an assemblage of three separate parcels from three sellers, and will be developed into a new student housing project.

Peak Campus Development intends to develop a student housing complex of 218 units with 660 beds, along with a parking facility which will accommodate up to 557 cars and 165 bicycles. The project will cost approximately $50 million. Construction will begin by the April 2015 with a delivery date by the start of the school year in August 2016.

This project is the latest in a student housing boom in Columbia in recent years, fueled by the student population growth at the University of South Carolina. The new multifamily complex will also anchor the redevelopment of the Gervais Street Corridor, which includes projects like the USC Law School and the conversion of Clarion Hotel to Hilton Garden Inn and Home2Suites.

Bradley, a Senior Brokerage Associate, specializes in retail land and site selection. Keenan, a Senior Vice President and Principal of Colliers International South Carolina, specializes in the sale of investment real estate and predevelopment land.

New student housing coming to Gervais and Harden

ABOUT COLLIERS INTERNATIONAL

Colliers International South Carolina has over 150 staff members, including 64 real estate professionals. Total brokerage volume for the firm in 2017 exceeded $680 million involving over 900 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 at year-end 2017 of approximately 14 million square feet of office, industrial, retail and healthcare properties. Colliers International’s staff holds 53 professional designations, the most of any firm in South Carolina.

Colliers International Group Inc. (NASDAQ and TSX: CIGI) is an industry leading global real estate services company with 15,000 skilled professionals operating in 68 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that helps clients accelerate their success. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 12 consecutive years, more than any other real estate services firm. Colliers also has been ranked the top property manager in the world by Commercial Property Executive for two years in a row.

For the latest news from Colliers, visit Colliers.com or follow us on Twitter (@Colliers) and LinkedIn.

TAGS: Land

Media Contact

Liz McCary
Vice President of Marketing | South Carolina
Direct: +1 803 401 4269
liz.mccary@colliers.com



South Carolina