Wilson Kibler’s multifamily specialist Brooks Owings represented the owner in the recent sale of the 30-unit Winterberry Place townhomes in Northeast Columbia. The properties located, which are located at 103, 105 and 113-125 Winterberry Ln., total approximately 39,000 square feet. The properties sold for $2.28 million.
Wilson Kibler’s Edward Wilson, Robert Carter, and Coleman Davis represented the landlord in leasing 20,500 square feet at 113 Reed Ave. in Lexington to the South Carolina State Accident Fund, a workers’ compensation provider. Wilson Kibler represented the landlord, Elm Tree Funds, in the lease.
Columbia, S.C. (October 23, 2019) – Hood Construction Corporation is actively engaged in the expansion of its current Columbia headquarters, following the purchase of the former Morris Furniture Warehouse building located at 1215 Shop Road. The 40,000-square-foot industrial property on two acres, which has been effectively vacant since 2009, will become the new home to Hood Construction’s corporate office, providing additional space for increased operational capacity.
The locally-owned commercial construction firm founded by Mark Hood, President & CEO, in 1986 is responsible for scores of highly-publicized projects in Columbia, Charleston, Greenville and other areas throughout the state. Easily recognized Columbia projects include Terminix Headquarters off I-26, Holy Trinity Greek Orthodox Church, 701 Whaley, City Market, the McNair Aerospace Center, Hendrix Restaurant, City Market,1801 Grille and numerous others.
George McCutchen, CCIM, SIOR of Wilson Kibler represented Hood and James Rogers and Lee Marsha, also of Wilson Kibler, represented the landlord in the purchase. McCutchen said of the sale, “Mark’s can-do approach to adaptive reuse (and new) projects, and hard-working character is why Hood Construction has been so successful over the last 33 years. The firm’s culture is driven by a client-focused approach, and it clearly shows in the highly-successful outcomes of their projects.”
1215 Shop Rd. was constructed in 1950 and initially housed a cut & sew garment factory of womenswear. It was later expanded and renovated to include a fiberglass, boat manufacturing plant until Morris Furniture’s warehousing and retail sales opened in the 1970’s.
About Wilson Kibler
Wilson Kibler is a full-service commercial real estate company with offices in Columbia, Charleston, Greenville, and Myrtle Beach. Wilson Kibler provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, leasing, acquisition and disposition, property management, development and consultation. Each of these services is staffed by highly regarded professionals focused on providing value for clients throughout all phases of an assignment. Wilson Kibler is an Accredited Management Organization and its professionals hold prestigious designations including CCIM, CPM and SIOR. For further information visit www.www.wilsonkibler.com.
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Wilson Kibler sells former Garners Ferry Road restaurant for $725,000
Columbia, S.C. (September 19, 2019) – The 11,000-square-foot building located at 7550 Garners Road, formerly Ryan’s Steakhouse, sold for $725,000. Wilson Kibler’s William Mills and John Mills represented the seller in the recent transaction. The purchaser plans to open a restaurant in the space.
Garners Ferry Road continues to be a popular destination for retailers due to its desirable location near I-77 and key demographics. 7550 Garners Ferry Road is in a suburban corridor that is home to major retailers including Walmart, Aldi, Lowe’s, and Chick-fil-A.
William Mills and John Mills specialize in the leasing and sale of retail properties throughout the Columbia market.
Summerville, S.C. (September 3, 2019) – Virginia-based pizza restaurant Benny’s has purchased the building at 111 S. Main St. in Summerville, with plans to open a restaurant there.
Benny’s has two S.C. locations — Benny Ravello’s on King Street in Charleston and Benny Palmetto’s on Coleman Boulevard in Mount Pleasant. The company also has locations in North Carolina, Pennsylvania, Virginia and West Virginia.
Hank Beckham of Wilson Kibler represented Benny’s in the purchase of the building, which sold for $625,000.
Columbia, SC (June 24, 2019) – Brooks Owings and Bill Bunch of Wilson Kibler represented the buyer, W2C USC Three, LLC, and the seller, ARKA, LLC, in the recent off-market purchase of a five-unit, twelve-bed multifamily property at 828 Gregg St. The property, located one block from Capstone House, sold for $715,000 and was fully occupied at the time of sale.
Greenville, SC (June 20, 2019) – Wilson Kibler’s Edward Wilson represented European-based IT company, Getronics, in the recent 32,987-square-foot lease at 650 Executive Center Drive in Park 37. Getronics held a ribbon-cutting ceremony on Wednesday to celebrate its relocation to the new Greenville service center—a move that represents a $1.63 million capital investment in Greenville and is expected to create 500 jobs. Wilson also represented the company in the 26,998-square-foot lease at 510 Airport Blvd. in February 2018, where its retail software services group continues to operate.
Getronics has nearly 9,000 employees in 23 countries across Asia, Europe, Latin America, and North America. The company “provides business transformation expertise in Managed Workspace, Applications, Industry-specific Software Solutions, Multi-Cloud Management, Unified Communications, and Security Services,” according to a news release. Getronics partners with Microsoft, Apple, Lenovo, Cisco, and Hewlett Packard, among others, in serving its clients that include Whirlpool, Subway, ING, Fifth Third Bank, Sfere, PSMar, Unipart Automotive, and many other companies, government agencies and institutions for higher education.
Marjorie Chabot, Director of the Global Service Desk at Getronics, stated, “We have found great space for our new employees. That is all due to Edward Wilson and Wilson/Kibler taking the time to understand our business so that we could identify the correct space for our needs. Edward is always forward-looking when considering our growth in the community and our future needs. Wilson/Kibler was a true partner in helping us find the perfect space.”
“We have been fortunate to provide real estate services to a fantastic company. Getronics has created a unique company culture that is both encouraging to observe and participate in through our role in supporting their growth,” said Wilson. “We look forward to their continued growth in our community and the positive impact they have created through job growth, international diversity, quality customer service, and additional awareness brought to the Greenville market.”
Columbia, SC (May 20, 2019) – Wilson Kibler announced today a rebranding initiative following its separation from its global partner Newmark Knight Frank earlier this year. The commercial real estate firm, which has operated in South Carolina since 1987, unveiled a new logo to accompany its name change and expanding focus on serving the Southeast. The newly autonomous company is now the largest independently operated commercial real estate firm in Columbia.
“We have decided to return to our roots and forge ahead as an independent firm for a reason—our clients. We feel we are best able to serve our clients by working independently of a national flag and focusing on our expertise in the region,” said Wilson Kibler president, Det Bowers.
Wilson Kibler specializes in a range of commercial real estate and property management services, including tenant and buyer representation, leasing, acquisition and disposition, property management, development, and consultation.
Greenville, SC (May 20, 2019) – Wilson Kibler’s Edward Wilson and Robert Carter represented the seller, ET III Greenville, LLC, in the recent sale of 200 Verdae Blvd. for $13.5 million. Cushman & Wakefield | Thalhimer’s Kacie Jackson, SIOR, Laura Harmon and Kyle Berdugo represented the purchaser, the National Council of Examiners for Engineering and Surveying (NCEES). NCEES plans to occupy the building.
NCEES is a national nonprofit organization that develops, administers, and scores the examinations used for engineering and surveying licensure in the United States. It also facilitates professional mobility and uniformity of the licensure processes through services it provides for its member licensing boards and licensees.
“We were fortunate to represent a seller with a demonstrated interest in the long-term health of the Greenville office market. Once occupied, this sale will lead to one of the largest net office absorbencies in Greenville County over the past two years. We believe NCEES will be a great asset to Verdae and enhance Greenville’s outstanding engineering reputation. We have been extremely blessed to work with most institutional engineering firms in our market and thankful for the support each firm provides to our surrounding industries and government agencies. NCEES’s commitment to the engineering firms within our market should have a lasting impact on the region,” said Edward Wilson.
NCEES is a national nonprofit organization made up of the engineering and surveying licensing boards from across the United States and its territories. It provides a range of services to support licensure and public protection, including developing the exams used to license professional engineers and surveyors.
“The new headquarters will provide a better position for the growth of the organization and allow NCEES to better support its member boards and the professions of engineering and surveying,” NCEES CEO David Cox said in a statement. “NCEES is entering its second century of advancing licensure for engineers and surveyors, and this move will help us better fulfill our mission to safeguard the health, safety, and welfare of the public.”
NCEES brings hundreds of professional engineers and surveyors from across the country each year to its headquarters to assist with exam development. Therefore, the move is also expected to have an annual economic impact of $1 million for the Greenville tourism and hospitality industry, including local hotels, catering, restaurants, and transportation.
The relocation will be completed in the spring of 2020, which will coincide with the organization’s 100th anniversary.
Columbia, SC (April 23, 2019) – Coleman Davis and Boo K. Moca, of Wilson Kibler, represented the seller in the disposition of the 10,000 square foot office building located at 113 Executive Point Blvd. for $495,000. The purchaser plans to occupy the space.
