Colliers brokers acquisition of office condo in Downtown Summerville for Level Financial Group
November 22, 2024
Grayson Greiner of Colliers | South Carolina brokered the purchase of an approximately 1,787-square-foot office condo at 208 North Cedar Street in downtown Summerville, South Carolina. Colliers represented the property buyer, Level Financial Group, in this transaction.
Level Financial Group provides forensic accounting and business valuation services to support clients in resolving complex financial situations. Its services include asset valuation, fraud investigation, litigation support and strategic financial consulting for various legal and business needs. The firm works closely with attorneys, business owners and individuals, offering solutions tailored to each case.
The offices at 208 North Cedar Street are part of a broader redevelopment effort recently completed by the Pendium Group consisting of two Class A office complexes totaling 7,601 square feet.
Summerville is known for its charming small-town atmosphere and historic character. The property offers easy access to popular points of interest including local boutiques, dining spots, city offices, services, the newly renovated Hutchinson Square Park and Azalea Park.
Summerville has seen steady growth in its office market, driven by its proximity to Charleston and the region’s expanding economy. With a mix of traditional office spaces and newer developments, the area is attracting businesses looking for more affordable alternatives to Charleston while maintaining access to major highways and amenities. Adjacent submarkets, such as North Charleston and Goose Creek, complement Summerville’s offerings, providing diverse options for companies seeking both small and large-scale office spaces in a thriving suburban environment. This growth has positioned Summerville as a competitive option for office relocations and expansions.
“We’re thrilled to have helped Level Financial Group acquire this prime Class A office condo at 208 North Cedar Street in the rapidly growing Summerville submarket,” said Greiner. “This location will better position Level to serve the Charleston area. Our team quickly and efficiently identified and closed on the property, enabling the firm to begin operations without delay. It was a seamless transaction that aligns perfectly with its growth strategy.”
Greiner is a Brokerage Associate at the Colliers office in Columbia specializing in site selection, land brokerage and the sale of retail/owner-occupied properties.
About Colliers
Colliers | South Carolina is the largest full-service commercial real estate firm in South Carolina with 66 licensed real estate professionals covering the state with locations in Charleston, Columbia, Greenville and Spartanburg. Colliers is an Accredited Management Organization (AMO) through the Institute of Real Estate Management (IREM) and is the largest manager of commercial real estate properties in South Carolina with a portfolio of over 23 million square feet of office, industrial, retail and healthcare properties. Colliers’ staff hold the most professional designations of any firm in South Carolina. Colliers | South Carolina’s partner, LCK, provides project management services for new facilities and renovations across South Carolina.
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 68 countries, our 22,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. With annual revenues of $4.4 billion and $96 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, X @Colliers or LinkedIn.
