Colliers International brokers $10.6 million sale of North Charleston Class A office building
August 4, 2016
Colliers International’s Mark Mattison, SIOR, CCIM represented the buyer, Doublz Investments, LLC, in the sale of 4969 Centre Pointe Drive. Previously owned by Oaks at Centre Point, LLC, the 41,000 square-foot office building was purchased for $10.6 million. Doublz Investments, LLC is wholly owned by Tony Romeo, who now has close to 100,000 square feet of Class A office space in the Greater Charleston area.
The sale is representative of the growing investor- and landlord-favored market in Charleston. With limited true Class A space and higher rents, properties like 4969 Center Pointe Drive are seeing increased interest from buyers. The property is a Class A office building in the North Charleston submarket within the Centre Pointe mixed-use development. It has convenient access to the Charleston International Airport, I-526, I-26 and is an especially desirable location as the Charleston Metropolitan Statistical Area (MSA) continues to grow outwards.
Colliers International South Carolina has been assigned the property management and leasing of the building, adding to the firm’s already dominant property management portfolio of approximately 13 million square feet.
Mattison, a Principal of the Colliers International office in Charleston, specializes in office investment brokerage and medical office brokerage representing landlords and tenants in negotiations and consulting work.
About Colliers International Group
Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is an industry leading global real estate services company with more than 16,000 skilled professionals operating in 66 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.
Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 11 consecutive years, more than any other real estate services firm.
Colliers International | South Carolina has over 160 staff members, including 60 real estate professionals. Total brokerage volume for the firm in 2015 was approximately $574.75 million involving over 767 sales and leasing transactions. Colliers International is the largest manager of commercial property in South Carolina and is an Accredited Management Organization (AMO) through the Institute of Real Estate Management (IREM), with a portfolio in excess of 13 million square feet of office, industrial, retail and healthcare properties. Colliers International’s staff holds 53 professional designations, the most of any firm in South Carolina.
