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Real Estate - Commercial

Hot Properties, July 20, 2021

Real Estate - Commercial
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The following commercial real estate transactions were recently completed in the Upstate. For weekly updates on commercial deals, see the Hot Properties feature every Tuesday in the GSA Business Report Daily email.

Colliers’ Greyson Furnas and Dillon Swayngim represented the landlord in the lease of about 2,000 square feet of retail space at 198 W. Main St. in Spartanburg to Konnichiwa Sushi, Steak & Seafood for the opening of their fifth restaurant location in South Carolina. The Japanese-style restaurant also owns and operates two locations in North Carolina and one in Ohio.

Future home of Konnichiwa, 198 W. Main St., Spartanburg. (Photo/Provided)The landlord, F.T. Cantrell Wagons, owns several commercial and residential spaces in downtown Spartanburg, according to a news release.

Konnichiwa will occupy the space next to Smallcakes Cupcakery and Creamery at the corner of W. Main Street and Daniel Morgan Avenue. Floors two through five of the building are occupied by residential tenants of Main and Morgan luxury apartments, also owned by F.T. Cantrell Wagons.

“Retail and restaurants are on the upswing after COVID-19 shutdowns last year, and Spartanburg is coming back faster than most, recently hitting all major benchmarks for economic recovery,” Colliers brokerage associate Greyson Furnas said in the release. “We are seeing increased activity and a renewed interest in retail, restaurant and office sectors related to real estate leasing and sales in the Spartanburg area. The community really stepped up to support local businesses this past year and continues to foster a pro-business mindset that is very attractive for new investment. We are excited to welcome Konnichiwa as another great dining option in the downtown area and look forward to seeing them thrive at this location for many years to come.”

Konnichiwa owners chose to lease the space for the potential of high visibility and foot traffic as well as feedback from customers identifying Spartanburg as an in-demand market. The restaurant plans to open for business this fall, offering traditional Japanese fare like sushi, bento, hibachi and ramen for dine-in and takeout.


Avison Young commercial real estate reported that Rakan Draz, John Odom and James McKay, represented Comal 864 in leasing a 1,600-square-foot retail building at 1112 Woodside Ave. in Greenville.


339 W. Main St., Easley. (Photo/Provided)Harry Croxton of Coldwell Banker Commercial Caine represented Wellington Enterprises LLC, the landlord leasing a 2,800-square-foot office space at 339 W. Main St. in Easley to Spa Renew LLC.


Pete Brett of Coldwell Banker Commercial Caine represented Wells Fargo Bank NA, which sold a 5,394-square-foot retail bank building on a lot at 200 E. Main St. in Union. The buyer was Union County.


Frank Hammond of Colliers represented Greenland Drive Associates LLC in the purchase of 6,410 square feet of office space at 49 Greenland Drive.


Frank Hammond of Colliers represented Vine LLC in the sale of a 4,523-square-foot office building at 10 Williams St. in Greenville to Williams Street Holdings LLC.


The landlord, represented by Darath Mackie and Randall Bentley of Lee & Associates of Greenville/Spartanburg, renewed a lease for 1,232 square feet of office space at 198 Roper Mountain Road, Suite C, Greenville.


Jimmy Wright of NAI Earle Furman represented the seller, Russell Stover Chocolates LLC, in the sale of a 4,400-square-foot retail property located at 101 Destination Boulevard to AJ’s Bar and Grill LLC.


Rusty Hamrick of NAI Earle Furman represented the buyer, Elberton Farm LLC, in the purchase of a 174.7-acre farm located at 3495 Elberton Highway in Lincolnton from Bradley and Janice Bailey.


Lakin Parr of Pintail Capital Partners represented the tenant, The Blood Connection Inc. in the lease of 4,128 square feet of space at 1241 38th Ave. N. in Myrtle Beach from the landlord, Myrtle Beach Plantation PH LLC.


David Sigmon and Matt Vanvick of Pintail Capital Partners represented the seller, Brains on Fire Properties, in the sale of a 5,333-square-foot office space at 1263 S. Pendleton St. in the Village of West Greenville toTR Investment Group LLC.


 

Reach Ross Norton at 864-720-1222.

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