Skip to main content Skip to footer

Markus Kastenholz represents seller in the sale of ±14,464-square-foot shopping center

alt=""
By LIZ MCCARY, VICE PRESIDENT OF MARKETING | SOUTH CAROLINA
Charleston, SC – Colliers | South Carolina broker Markus Kastenholz, CCIM, CPA represented the seller in the closing of a $5.6 million, ±14,464-square-foot shopping center. 

“The COVID-19 pandemic has caused unsteady capital markets and pandemic-related rent relief,” said Durkin, Brokerage Associate with Colliers | South Carolina. “However, we were able to underwrite and negotiate a mutually beneficial transaction for both the buyer and the seller.”

The shopping center is located at the center of a major retail corridor in Aiken, SC. It is 100% occupied with nationally recognized tenants including Panera Bread, Vitamin Shoppe, Mattress Firm and Aspen Dental. 

Ted Rausch from Colliers’ Real Estate Management Services (REMS) division played a key role in finalizing the transaction. “Ted’s knowledge and past experience working with the tenants and previous owners allowed him to answer several questions from the buyer about the condition of the property,” said Kastenholz, Vice President with Colliers | South Carolina. “His knowledge ultimately helped prepare them for a successful transition of ownership. We are thankful for his hard work and the value that he added to this acquisition.”

Kastenholz is part of the Colliers investment sales team, specializing in the sale of investment properties in South Carolina as well as nationally.
Related Experts
Markus Kastenholz | Colliers | Charleston

Markus Kastenholz

Vice President

Charleston

+1 843 725 3427
+1 843 813 1187
Email

I specialize in the sale of various investment property types throughout South Carolina as well as development parcels located in the Lowcountry.

Most of my clients are investors and developers many of which are institutional and high net worth individuals. My market knowledge, analytical nature, relationship network and experience in the industry are what sets me apart from other commercial real estate brokers. I pride myself on being able to present options and recommendations that suit both sides of a transaction. 

I find my job to be rewarding when a client sees the value that I delivered to a transaction, they have recognized my work as an integral component of their success, and they acknowledge that my services have exceeded their expectations. 

Originally from Cleveland, Ohio, I spent years as a C-suite finance executive for various industrial companies. I then moved to Naples, Florida to become the Chief Financial Officer for a family office with a substantial commercial real estate portfolio with assets ranging from office parks to flex industrial to beachfront resort hotels.

I moved to Charleston in 2003; prior to joining Colliers, I was a First Vice President with CBRE for 16 years, specializing in land and investment property sales.

View expert
Ted Rausch | Colliers | Columbia

Ted Rausch

Property Manager & Brokerage Associate

Columbia

+1 803 401 4282
+1 803 351 5913
Email

At Colliers International, I focus on the management of retail shopping centers and office buildings as well as some leasing responsibilities. As a CPM®, I have skills in asset management with an emphasis on investment analysis and maximizing return on investment to each assignment. I pride myself on understanding my clients’ goals and objectives and bringing a straightforward approach to my work with them. When my tenants and clients feel successful in achieving their goal for their space, I know that I have succeeded.

I have a broad spectrum of experience in commercial property 
services, having specialized in management and leasing of commercial properties for over 14 years. I have also managed portfolios of commercial mixed-use, retail, office and industrial properties.

View expert