Local investors purchase Landmark Building

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The Landmark Building at 301 N. Main St. in downtown Greenville, once the tallest building in the state, has been sold to a group of local investors.

The sale price was not disclosed.

NAI Earle Furman represented the buyers of the 331,00-square-foot tower at the corner of Main and College streets. With 25 floors and 305 feet high, it remains the tallest building in Greenville, according to a news release from NAI Earle Furman.

Sold by Tower on Main LLC of Columbia, the buyer of the Landmark Building is a Greenville-based investment group led by CAPA Management, the news release said.

Listing agents for the property were Tripp Sellers, Patrick Gildea, Matt Smith, and Blaine Hart of CBRE.

Conceived by Charles E. Daniel as the headquarters for his internationally known construction company, the skyscraper, first known as the Daniel Building, signaled the arrival of the modern office tower in the Carolinas when it was completed in 1966.

Daniel Construction occupied five full floors for many years.

What was by then known as Daniel International Corp. was acquired by Fluor Corp.  in 1977, and the compan was known for a time as Fluor Daniel. Greenville still serves as one of Fluor's key U.S. operations centers. 

The buyers plan significant reinvestment into the building, the release said.  

NAI Earle Furman brokers Keith Jones, McNeil Epps, Jake Van Gieson and Gaston Albergotti represented the buyer.  NAI Earle Furman also will handle leasing and property management of the building. 

For NAI Earle Furman, this is one of the largest property management accounts and leasing accounts for the firm, the company said.

First Reliance Bank of Greenville was the lender in the transaction.