Colliers brokers the sale of 648 acres of land along Lake Marion
May 31, 2021
Santee Homes is planning a 1,000-home lakefront development, McCord’s Ferry at Lake Marion
Tripp Bradley and Ryan McCue of Colliers | South Carolina brokered the sale of a 648-acre tract of land fronting Lake Marion in Elloree, SC for $6,200,000. Colliers represented the seller, M.U.C.H., LLC, and Linda Greenberg Realty represented the buyer.
The property will be developed into McCord’s Ferry at Lake Marion, a 1,000-home lake community by Santee Homes. The first homes will be available for purchase by August 2021.
“We were able to explore two extremes in our approach to marketing the property as the tract had merit as a conservation opportunity as well as a development opportunity given its physical attributes,” said McCue. “With having almost a mile of lake frontage, utilities, proximity to I-95 and I-26, and the willingness of Calhoun and Orangeburg Counties to rezone the property, we were ultimately able to identify a qualified buyer. Using our extensive marketing platform which provided maximum exposure to the market, we had quite a bit of interest from regional developers, but we were pleased to see a South Carolina developer purchase the property.”
For more interest in McCord’s Ferry at Lake Marion, please call (888-832-LAKE).
Bradley is a Vice President at Colliers specializing in land brokerage and site selection across South Carolina. McCue is a Brokerage Associate at Colliers specializing in the sale of large land tracts for development, recreational use and timber production.
About Colliers
Colliers | South Carolina has over 150 staff members, including 62 licensed real estate professionals, covering the entire state with locations in Charleston, Columbia, Greenville and Spartanburg. Total 2020 brokerage volume exceeded $533 million, which included over 456 sales and leasing transactions. In addition to traditional commercial real estate representation services for our clients, the company is actively engaged in Corporate Solutions and Healthcare Services. 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 16 million square feet of office, industrial, retail and healthcare properties. Colliers | South Carolina’s staff hold 49 professional designations, the most 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 67 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. With annualized revenues of $3.0 billion ($3.3 billion including affiliates) and $40 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.
