BlueCross BlueShield of South Carolina to consolidate Charleston offices

May 10, 2017

Newmark Grubb Wilson Kibler senior broker Chip Olsen and associate Alex Irwin recently represented BlueCross BlueShield of South Carolina in the lease transaction of 19,055 square feet in Faber Plaza at 4400 Leeds Avenue in North Charleston, S.C. The Class A, first generation space is owned by Durlach Associates. BlueCross BlueShield is consolidating its Charleston offices by combining its former West Ashley operation at 1180 Sam Rittenberg Blvd. with its downtown subsidiary at 40 Calhoun St., Thomas Cooper Company.

Associate Alex Irwin said of the transaction: “Consolidating into a nice, new building provides BlueCross BlueShield of South Carolina the opportunity to optimize its floor plan.  Building out shell space in an efficient configuration allows BlueCross to shrink their overall footprint and reduce their real estate overhead, while providing them with a new, clean workspace for their many employees.  Durlach Associates has worked very hard to provide a great opportunity for the flagship healthcare company of South Carolina.”

Newmark Grubb Wilson Kibler of Charleston is a full-service commercial real estate company.  Alex Irwin and Chip Olsen specialize in office tenant representation.

 

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Newmark Grubb Wilson Kibler is a full-service commercial real estate company with offices in Columbia, Charleston, Greenville, and Myrtle Beach, South Carolina.  Our firm provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, project leasing, acquisition and disposition, property management, development and consultation.  Each of these services is staffed by highly regarded professionals focused on providing value for our clients throughout all phases of our assignments.  Our firm is an Accredited Management Organization and our professionals hold prestigious designations including CCIM, CPM and SIOR.

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