1090 Park West Boulevard sold to Charleston Dermatology

NAI Charleston announced the successful sale of 1090 Park West Boulevard in Mount Pleasant, SC. The ±6,625 SF brick, multi-tenant office building, originally acquired by the seller in 2018 prior to its completion by the Park West developer, has now been purchased by Charleston Dermatology, a long-standing tenant and one of the region’s fastest-growing dermatology practices. Upon acquiring the property in 2018, the seller secured Charleston Dermatology as an anchor tenant, leasing approximately half of the newly constructed building. Over the years, the practice experienced significant growth and quickly became an essential healthcare provider for the Mt. Pleasant community.

With the tenant’s lease renewal approaching, Charleston Dermatology initiated discussions regarding their future occupancy needs. Their existing lease rate—well above current market levels—combined with their desire for additional space spurred a collaborative conversation about long-term solutions. Given the practice’s ongoing expansion and the site’s occasional parking constraints, it became clear that ownership would provide the practice with both operational control and the flexibility needed to scale on its own timeline. The sale underscores continued demand for medical office assets in the Charleston metro area, particularly among owner-users seeking stability, control, and room for expansion.

Trad Dyches, CCIM of NAI Charleston represented the seller, ACO Holdings, LLC, and the building sold for $2,400,000.

“It’s always a pleasure working with this long-standing client,” said Trad. “I look forward to working with them on their next project, which is already under contract.”

For more information, contact Trad Dyches, CCIM at +1 (843) 364 4288 or [email protected].

About NAI Charleston

NAI Charleston is a full-service commercial real estate firm whose industry experts have over a century of combined experience in the Charleston commercial real estate industry and over $1 billion in total transaction volume. In 2017, local brokers Thomas Boulware, Dexter Rumsey, David Ingle and David Grubbs partnered together to found NAI Charleston as an independent franchise of NAI Global, one of the leading global commercial real estate firms, to strengthen their leadership and footprint in the Lowcountry. An owner-operated firm, NAI Charleston possesses a highly personal and unwavering commitment to excellence that can’t be duplicated. Local ownership and leadership, paired with global resources, enable them to offer clients unparalleled services. As a member of NAI Global, NAI Charleston has independent access to the largest, most powerful network of owner-operated commercial real estate firms in the world. Their affiliates comprise 6,000 professionals in 375 offices and 36 countries. Their brokerage, development, management, and consulting services are tailor-made to meet the specific needs of each assignment – from single transactions to coordinating the delivery of multiple services over broad geographic areas. http://www.naicharleston.com