47.5 F
Greenville, SC
Tuesday, December 11, 2018

Eagle Mountain Winery to open in early 2019 in northern Greenville...

The partners of the Equus Club Wine Club at Lake Keowee venture announced in 2015 but never completed have shifted course to bring a new winery, under the name Eagle Mountain Winery LLC, to Greenville County.

UC Funds secures $6.85 million financing for Wyndham Garden Greenville

UC Funds has secured a $6.85 million first mortgage loan for the refinance of the 139-room, 2.2-acre Wyndham Garden Greenville hotel within 3 miles...

Greenville’s RealOp Investments recognized for state’s first Wired Certifications

Wired Certification signifies cutting-edge technology in commercial real estate and is the only certification for rating the infrastructure, connectivity, and technological capacity of commercial buildings.

Dealmakers: July 27, 2018

Quarterly market transactions in the Upstate

Overlooked commercial lease provisions deserve a closer look

An ounce of prevention can be worth a pound of cure, especially in the case of commercial leases.

Downtown retail rates have risen, but remain affordable

Of the three primary commercial real-estate sectors — office, industrial, and retail — retail has been altered the most since the recession.

Second-quarter 2018 market reports

Market analysis derived from second quarter 2018 CRE market reports provided by Avison Young, CBRE, Colliers, Cushman & Wakefield | Thalhimer, NAI Earle Furman, and Newmark Grubb Wilson Kibler.

A historic cotton mill in Greer could be the first development...

Thanks to the Investing in Opportunity Act, co-sponsored by United States Senator Tim Scott (R-SC), as part of the Tax Cuts and Jobs Act passed in December 2017, the trillions of dollars U.S. investors currently hold in unrealized capital gains  in stocks and mutual funds alone could be funneled straight back into the country’s left-behind locales.

Commercial real estate in the Upstate: Pick a number, any number

For our quarterly commercial real estate issue, the Upstate Business Journal asked local real-estate experts to choose a statistic in the Upstate market that has caught their attention. Here are their responses. 

CBRE Capital Markets secures $8.73 million financing for Mayfair Lofts in...

Through CBRE’s Federal Housing Administration lending platform, the loan is being funded through the U.S. Department of Housing and Urban Development’s Section 223(f) mortgage insurance program providing a 35-year, fully amortizing, fixed rate and non-recourse loan structure.

‘Poe West’ revealed as new identity for former DSI industrial property...

The Furman Co., which purchased the property in fall of 2017, is renovating this property that most recently housed Diversified Systems Inc. (DSI) into “Poe West,” a Class-A office, restaurant, retail, and educational facility.

Greenville-based Aline Capital LLC closes $22.5M loan for Atlanta apartment acquisition

Greenville-based Aline Capital LLC closed a $22,575,000 loan for the acquisition of a The Parc at 1875 Apartments, a 352-unit apartment complex in Atlanta, Ga.

Bank of America announces plan to move to Camperdown development in...

Bank of America has signed a new, long-term lease for approximately 32,000 square feet of space in the Camperdown building being constructed at 423 S. Main St. in Greenville, consolidating two offices currently located at 101 N. Main St. and 300 N. Main St.

Willlow Creek Partners buys Verdae apartments for $19M

Graycliff Capital Partners LLC in June announced the sale of Azalea Hill Apartment Homes for $19 million. Located off Verdae Boulevard, Azalea Hill offers views...

RealOp Investments acquires second Nashville-area asset in two months

This most recent asset, 109 Kirby, was 100 percent occupied by Sun Products at the time of sale and will soon undergo both exterior and interior improvements, including LED lighting, parking lot repair, roof work, and updated office suites.

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