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±52 Acre Multi-Family Tract Sold At Bees Ferry And Sanders Road

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NAI Charleston is pleased to announce that veteran broker David Grubbs, SIOR facilitated the sale of approximately 52.14 acres of land located at Bees Ferry and Sanders Road in West Ashley. The property was purchased by Davis Development for a 337-unit multi-family community. David represented the seller, a local family with extensive land holdings in the area. The tract sold for $5.6 million.

“This transaction is a great example of how market demand is still strong and a well thought out and responsible development can be achieved,” said Grubbs. “It will be a beautiful community to serve the Bees Ferry Corridor.”

For more information, contact David Grubbs, SIOR at +1 (843) 814 6111 or dgrubbs@naicharleston.com.

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