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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 $1.4 million sale of Charleston industrial warehouse

Charleston, SC – Colliers International’s Peter Fennelly, MCR, SIOR, SLCR, Simons Johnson, MCR, SIOR, CCIM and Mike Palmer represented the purchaser, Xiphias Holdings, LLC, in the investment sale of an industrial warehouse at 1871 King Street Extension in Charleston, SC. The 18,570 square-foot warehouse was purchased for $1.4 million.

This sale is one example of a trend of investment sales of industrial properties in Charleston and the Lowcountry. Foreign and domestic firms have expressed great interest in the Charleston industrial market as the Port of Charleston and rail service are making the city a desirable location for manufacturers and distributors seeking to improve logistics and operational efficiencies.

Fennelly is the Market President of Colliers International in Charleston and has brought a number of office and industrial developers to the area. Johnson, a Principal of Colliers International in Charleston, and Palmer, a Brokerage Associate, specialize in corporate tenant representation.

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: Investment, Industrial

Media Contact

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

South Carolina