In the middle of a hot investment market nationally, the void of available quality properties in Charleston is creating a great opportunity for an owner to be a seller.

After a robust $360 million in investment sales activity in 2011, three times what it was in 2009, the first half of 2012 has been quieter. Locally, sales are lagging, having aggregated to some $139 million (about half in one medical office building portfolio transaction), and only in a dozen or so significant transactions around Charleston. Just two multifamily residential transactions sold, totaling almost $23 million, followed by four NNN property sales totaling $18 million. Most notably (and unfortunate for an investment sale broker!) not a single traditional office building or shopping center or warehouse of any significance traded locally in the first six months of 2012. Click to the right to read the full report.


Scott Rogers, SIOR, CCIM
Investment Sales - Charleston, SC
scott.rogers@colliers.com

.