Charleston Commercial represents buyer in sale of Shem Creek restaurant

March 24, 2022

Chad Billings of Charleston Commercial represented the buyer in the sale of 202 Coleman Blvd. in Mount Pleasant. Perry Real Estate Holdings LLC purchased the property and the full-service restaurant, The Shelter Kitchen and Bar, for $3.2 million.

Tim Rogers of The Peninsula Co. represented the sellers of Dart Properties LLC.

Billings has worked with Perry Real Estate Holdings on a variety of other business transactions. The company also owns Charleston Sports Pub with locations all around the Charleston area as well as in Clemson and Greenville, South Carolina. Billings said the company plans to keep The Shelter Kitchen and Bar concept as well as the current staff. The restaurant will celebrate its 10th anniversary this summer.

This is the second Shem Creek restaurant sale Charleston Commercial has brokered in recent years. In April 2020, the real estate firm brokered the sale of the iconic R.B.’s Seafood Restaurant at 97 Church St. It was sold to Geyer Capital Management LLC of Atlanta for $7 million.


About Charleston Commercial

Charleston Commercial is a fully integrated commercial real estate group located in Charleston, S.C., specializing in commercial brokerage and asset management for a wide range of property types, including retail, medical office, office, multi-family, hospitality, urban infill, and industrial properties. The firm offers a broad range of incorporated services to see assignments through from start to finish. Services range from market prospecting, acquisition, value creation (including entitlements, zoning, approvals, and development oversight), leasing, asset management, and disposition. Reach Charleston Commercial at 843-670-5727.