Sign In
Upcoming Event
Free Newsletter
Hot Properties: Panera Bread building sold in Greer
Ross Norton //March 8, 2022//
Listen to this articleMarcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, sold a 4,300-square-foot net-leased property leased by the Panera Bread at 1220 W. Wade Hampton Blvd. in Greer. The property sold for $4.45 million, according to Benjamin Yelm, regional manager of the firm’s Raleigh office.
The buyer, a private investor, was secured and represented by Donald Gilchrist, an investment specialist in Marcus & Millichap’s Raleigh office. Yelm, Marcus & Millichap’s broker of record in South Carolina, assisted in closing the transaction, according to a news release. Chad O’Connor of Marcus & Millichap Capital Corp. arranged the acquisition financing for the buyer.
“My client was very pleased with their purchase of this Panera Bread,” Gilchrist said in the release. “It is the first of a larger portfolio of net-leased properties they plan to acquire. Also, Panera Bread’s upcoming plans for an IPO only made the property more valuable.”
The following commercial real estate transactions also were completed in the Upstate.
Spencer/Hines Properties facilitated the sale of 119 N. Main St., Greenville. The 10,000-square-foot building includes retail space, a private residence and private parking spaces in the N. Laurens Street condo garage. Zach Hines and Cameron Smith of Spencer/Hines Properties represented the buyer during this $2,250,000 transaction and Reeves Major of JLL represented the seller..
David Sigmon and Matt Vanvick of Pintail Capital Partners represented the landlord, Orion Holdings LLC, in the lease of a 14,300-square-foot flex building at 220 Old Piedmont Highway in Greenville to tenant SDK Custom Cabinets.
David Sigmon and Matt Vanvick of Pintail Capital Partners represented the seller, Ortho Properties LLC, in the sale of a 4,400-square-foot medical office building at 15 Winchester Court in Mauldin to buyer Attukal Real Estate LLC.
Josh Tew and Monty Todd of Pintail Capital Partners represented the tenant, Moe’s BBQ, in the lease of a 2,800-square-foot retail space at 578 N. Church St. in Spartanburg from landlord Hub Development LLC.
Harry Croxton and T Cox of Coldwell Banker Commercial Caine represented Mountain City Land & Improvement Co. LLC, the landlord that leased a 3,784-square-foot office space at Innovate, 148 River St., Suite 222, Greenville, to SGA NarmourWright Design PA.
Scott Burgess and Lance Byars of Colliers represented Doolittle Gallery LLC in the lease of 3,200 square feet of retail space at 605 Haywood Road in Greenville to Modern Cigar.
Scott Burgess and Lance Byars of Colliers represented Lee Spa Nails LLC in the leasing of 1,950 square feet of retail space at 4028 Boiling Springs Road in Boiling Springs.
Parker Sweet with the Storage Group of Joyner Commercial represented the seller, Charles Markham, in a sale of Marham Self Storage, 362 units located at 60 Fairway Blvd. in Jackson, Tenn.
Pete Brett and T Cox of Coldwell Banker Commercial Caine represented Waldrep Properties LLC in leasing a 1,480-square-foot office space at 200 Whitsett St., Suite C, Greenville, to GPG Holdings LLC, represented by Sammy DuBose of Coldwell Banker Commercial Caine.
Gary Kirby, advisor and industrial specialist of KDS Commercial Properties, represented the owner of 101 South Venture in leasing 2,727 square feet of medical office space adjacent to the Patewood Medical Campus in Greenville.
Brad Doyle, senior advisor and office specialist of KDS Commercial Properties, represented landlord Big Al LLC in leasing the final remaining suite, 1,142 square feet in the Flatiron Building in the Village of West Greenville, to Art & Light Galleries LLC. Big Al LLC has just completed a two-year restoration and renovation of this landmark building, located at 1211 Pendleton St., Greenville.
Langston-Black Real Estate said it represented Spectrum Villages and Academy in the purchase of a 15,000-square-foot office building at 50 Directors Drive in Greenville. The new owners plan to develop a full-service evaluation and therapy center for the autistic community, according to a news release.
Stuart Smith of NAI Earle Furman represented the seller in the sale of less than an acre of land at 1631 John B. White Sr. Blvd. in Spartanburg. Brian Hammond of NAI Earle Furman represented the buyer, SRK Management Inc.
Katherine Fulmer of NAI Earle Furman represented the landlord, East Main Services LLC, in leasing a 2,344-square-foot office space at 736 E. Main St. and 122 Oakwood St., Suites 103 and 204, Spartanburg, to Stokes and Company CPA LLC.
Earle Furman and Shannon Caldwell of NAI Earle Furman represented the landlord, Falls Place LLC, in leasing a 1,447-square-foot office space at 531 S. Main St., Suite 303, Greenville, to Goepper/Burkhardt LLC.
Keith Jones and McNeil Epps of NAI Earle Furman represented the landlord in leasing a 1,946-square-foot office space at 2510-C Wade Hampton Blvd., Suite C-2 and C-3, Greenville, to Phoenix Landscape Maintenance.
Hunter Garrett and John Staunton of NAI Earle Furman represented the landlord, Garrett Grands Partnership Trust, in leasing a 17,500-square-foot industrial property at 1102 Old Stage Road, Unit A, Simpsonville, to Cliff Masters Inc.
Geoff Beans and Nick Smith of NAI Earle Furman represented the landlord, Odom Rentals LLC, in leasing a 1,920-square-foot retail space at 3213-3225 Augusta St., Suite 3217, in Greenville, to J&J Element LLC.
Tyler Whims of NAI Earle Furman represented the landlord, Augusta Road Storage LLC, in leasing 5.03 acres of a retail property at 6000 and 6008 Augusta Road, Greenville, to Liberty Sheds.
Scott Jones, John Stathakis II and Tom Daniel of NAI Earle Furman represented the landlord, Bonaventure I and II LLC and Four Plus Bonaventure LLC in leasing an 18,108-square-foot office space at Bonaventure Office Park in Greenville to DR Horton.
Stuart Smith of NAI Earle Furman represented the landlord, Aaron’s Plaza LLC, in leasing a 1,600-square-foot office space at 404 McCravy Dr., Suite G, Spartanburg, to Rock Gate Capital LLC.
John Powell of NAI Earle Furman represented the seller in the sale of a 5,000-square-foot industrial property at 636 McGee Road, Anderson, to Welsh Real Estate Acquisitions LLC.
Michael Roth of NAI Earle Furman represented the seller in the sale of a 2,100-square-foot office building at 810 Pendleton St., Greenville, to 520 Investments LLC.
Rob Schmidt and Peter Couchell of Furman Capital Advisors, the investment services/capital markets division of NAI Earle Furman, represented the seller in the sale of a CVS property at 1400 Union St., Greenville, to Covestre Capital Propco-22 LLC.
Dallas Wright of Huff Creek Properties, the timber and recreational land division of NAI Earle Furman, represented the buyer, CAPA Real Estate LLC, in the purchase of 53.4 acres of land located at 130 Blanton Estate Road, Gaffney.
Anna Friddle of NAI Earle Furman represented the seller, Weswal LLC, in the sale of a 60,000-square-foot industrial investment property at 790 Duncan Reidville Road in Duncan to GVC Realty LTD.
Brian Hammond of NAI Earle Furman represented the seller, RedSail Technologies LLC, in the sale of a 7,902-square-foot retail property at 190 Ezell St., Spartanburg, to Indigo Hall and Events LLC.
Anna Friddle of NAI Earle Furman represented the seller, Blue Goose Holdings LLC, in the sale of an 11,000-square-foot retail property at 101 Farrs Bridge Road in Greenville to Farrs Bridge LLC.
Tyler Whims of NAI Earle Furman represented the buyer, Sirrine St. LLC, in the purchase of 2.98 acres of land located 6620 Highway 101, Woodruff.
Earle Furman of NAI Earle Furman represented the seller, Hilda No. 1 LLC, in the sale of 11.7 acres located on Mauldin Road in Greenville to Christ Church Episcopal School.
Email your commercial real estate transactions to Ross Norton at [email protected].
