Jack represented the seller, and Len Meyer of The Peninsula Co. represented the buyer. The property sold for $10 million.
“The buyer and seller exhibited great patience and cooperation through a cumbersome approval process to turn an unutilized industrial site into a first-class multi-family development,” said Jack. “I look forward to seeing the completed project.”
For more information on the transaction, contact Jack Owens, CCIM at 843.696.7653 or jowens@naicharleston.com.
Whether you want to buy or lease commercial property for your business, need an expert broker’s opinion of value, or have a property management team handle the day-to-day, you can count on the team at NAI Charleston.
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