Aug
10
KBS Picks Up South Carolina Office Tower
ByCBRE’s team of Patrick Gildea, Matt Smith, Justin Parsonnet, Martin Moore and Aaron Dupree worked on behalf of the seller in the transaction. The asset was 98 percent leased at the time of the sale.
Holder Properties completed the sale of Main & Gervais, a 186,605-square-foot, Class A office tower in downtown Columbia, S.C. Newport Beach-based KBS Realty Advisors acquired the asset in a $65 million deal, according to Yardi Matrix.
Located at 1221 Main St., the 18-story property was completed in 2009 and is ENERGY STAR-rated. Amenities at the property include an on-site management office, fitness center, The Oak Table restaurant and on-site banking. Additionally, Main & Gervais features ground floor retail space and an integrated seven-level parking deck…
