Nov
21
LRC Properties Acquires SC Mixed-Use Campus
ByLeeds Park is located in Charleston, S.C., and offers a mix of office, manufacturing and flex space spread out on approximately 72 acres.
LRC Properties acquired Leeds Park, a 1,056,000-square-foot mixed-use campus located in Charleston, S.C. The deal closed at $42 million and was arranged by a team of brokers from NAI Charleston. Amherst Capital Management provided the loan for the purchase and future renovations of the asset.
“The property is geographically well situated in North Charleston off Interstate 526, near the port, the airport, and Boeing’s manufacturing facility, offering great potential for tenants. We plan to bring Leeds Park up to and even exceeding standards deserving of this important market and its tenants,” said Howard Lavitt, principal & co-founder of LRC Properties, in prepared remarks…
