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Hall Capital Snags $36M SC Office Asset


due to the market’s incredible barriers to entry and strong demographics,” Gildea said in prepared remarks. In October 2017, CBRE brokered the sale of the tallest office building in South Carolina.


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Faber Plaza CBRE Capital Markets has arranged the sale of Faber Plaza, a 125,822-square-foot, Class A office building in Charleston, S.CA partnership between Trinity Capital Advisors and Durlach Associates sold the recently completed asset to Hall Capital in a $36.4 million deal. Located at 4400 Leeds Ave., the five-story property came online in the summer of 2016Faber Plaza sits on a 9.1-acre parcel in the center of Charleston’s Faber Place office parkTenants have access to on-site building engineer and day porter services, as well as ample parking, with a total of 575 spaces availableFaber Plaza provides immediate access to interstates 526 and 26. Core office investment The team of Executive Vice Presidents Patrick Gildea and Charles Carmody, along with Operations Analyst Matt Smith, worked on behalf of the seller in the transaction. “There are a limited number of institutionally sized office transactions in a market of Charleston’s size in a given year, yet a considerable amount of institutional and high-net-worth capital seeking core office investments like Faber Plaza, due to the market’s incredible barriers to entry and strong demographics,” Gildea said in prepared remarks. In October 2017, CBRE brokered the sale of the tallest office building in South CarolinaHamilton Equity Partners acquired the 460,020-square-foot Capitol Center from a joint venture between M&J Wilkow and Intercontinental Real Estate Corp. Image courtesy of CBRE CBRE Faber Place Patrick Gildea Trinity Capital Advisors Related Posts ASB to Sell Infomart Dallas for $800M 16 February 2018 13:02 R&B Realty Readies for Miami Office Groundbreaking 15 February 2018 15:49 World Class Buys 1.3 MSF Austin Campus 15 February 2018 13:10 NAI Partners Negotiates Houston Office Lease 14 February 2018 14:30 Atlanta Office Tower Bags $29M Construction Loan 13 February 2018 15:03 Regions Northeast West South Midwest Mid-Atlantic International National Change City " class="chosen chosen-select linked-chosen" tabindex="2"> Cities.. Albuquerque Atlanta Austin Baltimore Boston Charlotte Chicago Cincinnati Cleveland Columbus Dallas Denver Detroit Honolulu Houston Indianapolis Inland Empire Jacksonville Kansas City Las Vegas Los Angeles Miami Minneapolis-StPaul Nashville-Knoxville New Orleans New York Orange County Orlando Philadelphia Phoenix Pittsburgh Portland Raleigh-Durham Richmond Sacramento Salt Lake City San Antonio San Diego San Francisco San Jose Seattle StLouis Tampa Washington DC About Us Contact Advertising Editorial Guidelines Industry Links Archive CPN Tags Subscribe to CPE News by City Albuquerque Atlanta Austin Baltimore Boston Charlotte Chicago Cincinnati Cleveland Columbus Dallas Denver Detroit Honolulu Houston Indianapolis Inland Empire Jacksonville Kansas City Las Vegas Los Angeles Miami Minneapolis-StPaul Nashville-Knoxville New Orleans New York Orange County Orlando Philadelphia Phoenix Pittsburgh Portland Raleigh-Durham Richmond Sacramento Salt Lake City San Antonio San Diego San Francisco San Jose Seattle StLouis Tampa Washington DC Connect with CPE Facebook Twitter Google+ LinkedIn YouTube Pinterest Instagram Digital Editions Magazine Archive

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