CBRE arranges 5,063-square-foot lease for non-profit in Columbia’s St. Andrews submarket
April 26, 2017
CBRE announced that it arranged a 5,063-sq.-ft. lease on behalf of Able South Carolina (Able SC), a Center for Independent Living (CIL). CBRE’s Marie Dieckmann represented the non-profit organization in the relocation of its headquarters from 136 Stonemark Lane to Stephenson Center at 720 Gracern Road in Columbia, S.C.
Able SC empowers people with disabilities to live active and independent lives through advocacy, service and support. In addition to services and programs for people with disabilities, Able SC offers outreach and training programs for the community including ADA accessibility assessments and disability sensitivity training. Able SC has two additional locations in Greenville, S.C and serves 23 counties throughout South Carolina.
“Able SC required a centrally located building with visibility and in close proximity to downtown for advocacy work at the State House,” said Dieckmann. “It was important that the space itself reflect the organization’s mission of independence and self-empowerment both for its staff and clients.”
“It is critical for our organization to have a physically accessible building where everyone can participate. We are extremely excited to be making 720 Gracern our new headquarters where we can continue growing our organization to serve more individuals with Disabilities and advance disability rights in South Carolina,” said Kimberly Tissot, Able SC’s Executive Director.
“This transaction is indicative of the tightening of the overall market, as there was limited inventory that would fit the organization’s requirements,” said Dieckmann. According to CBRE’s Q4 2016 Columbia Office MarketView, the Columbia market has exhibited positive absorption for 16 consecutive quarters, and that trend is expected to continue.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
