Crawford Prezioso of Colliers South Carolina recently represented Sweetbriar Property Holdings LLC in the investment sale of a seven-unit apartment complex at 2451 and 2455 Gervais St. in Columbia to Giuseppe Bovino. The complex, which was 100% occupied at the time of the sale, was sold as an opportunity for investors seeking prime multifamily assets in Columbia. Prezioso, a Senior Brokerage Associate, noted that the multi-family market in Columbia remains steady, and that there are few multifamily deals of this size available in the market. He also stated that they secured an aggressive purchase price and sold the property quickly, and highlighted its appeal due to being fully renovated and near the vibrant Five Points area.
In other recent commercial real estate deals in Columbia, Jing “Julia” Donovan and Trey Davis of Coldwell Banker Commercial Atlantic represented the tenant SureRock USA Corp. in the lease of 20,400 square feet of warehouse space at 4068 Fernandina Road B in Columbia. William Durham of William Durham Co. represented the landlord. Paul Hartley of Trinity Partners represented the tenant in the leasing of a 10,832-square-foot office space at 1201 Main St., while Jake Nidiffer and Nick Stomski of Trinity Partners represented the tenant in the lease of a 6,000-square-foot flex space at 4 Sunbelt Court in Columbia. Roger Winn and Braden Shockley of Trinity Partners represented the landlord in the lease of 6,000 square feet of flex space at 826 Chris Drive in Columbia, and they also represented the buyer in the purchase of a 0.94-acre parcel for $715,000 for the development of a car wash.
As the commercial real estate market continues to thrive in Columbia, real estate professionals can send commercial transactions to Ross Norton at rnorton@scbiznews.com. For more information, reach out to him at rnorton@scbiznews.com or 864-642-5229.
