Columbia, SC – Colliers | South Carolina’s Matthew Pollard represented the seller, Jamada LLC, in the investment sale of a ±5,000-square-foot medical building located at 1755 St. Julian Place in Columbia, South Carolina.
Colliers assisted Jamada, LLC in negotiating lease terms for the property to make it more attractive to potential investors and maximize its value. These negotiations resulted in a stronger market rent rate and 10-year lease term, increasing the asset’s value and contributing to a successful disposition.
"Colliers is pleased to have represented Jamada in the sale of this asset," said Pollard. "We understand the importance of freeing up equity in real estate and were happy to help Jamada in this process to align with their long-term goals."
1755 St. Julian Place is located in the Forest Acres submarket, one of the most desired areas in the Columbia area. The location offers a blend of urban convenience, suburban charm and community spirit which attracts both residents and businesses. Tenants willing to pay a premium to reside in this submarket has resulted in a steady stream of interest from investors and rising asset value.
Pollard is a Senior Brokerage Associate at Colliers specializing in medical office leasing and sales.
