Cypress Commercial & Investment Real Estate announces record year
February 9, 2022
Not allowing the pandemic to slow them down, Cypress Commercial & Investment Real Estate, a leading brokerage firm representing buyers and sellers of investment real estate, announces a record year for 2021 with 37 real estate transactions representing a total value of more than $46 million, a 100% increase over 2020.
The 37 transactions for 2021 represent a more than 40% increase over the 26 transactions for 2020 with a total value of $23 million.
“We are very pleased by the 2021 results, and that we have continued to grow our business over the last two years despite the pandemic,” said James C. Harrison, III, CCIM, Senior Investment Broker and Partner of Cypress Commercial & Investment Real Estate. “Our team has accomplished this by staying focused on execution and the factors within our control. We expect more market uncertainty in 2022, but are optimistic that we can continue to grow this year by staying committed to our values, focused on superior service to our clients, and investments in technology and our people.”
The year’s closings included 18 single-tenant triple net income property transactions, seven multi-tenant income property transactions and a mix of retail, office, multifamily and general commercial properties.
Columbia-based Cypress Commercial & Investment Real Estate specializes in the sale of single-tenant net-leased properties and multi-tenant investments and general commercial properties, including 1031 exchange properties, with a strong emphasis on the Carolinas and the Eastern Seaboard.
Notable investment transactions for 2021 included:
- The IHOP restaurant on Assembly Street.
- Multiple Dollar General Stores in the Southeast.
- Other tenants including Pizza Hut, Brakes 4 Less, Take 5 Oil Change, and Advance Auto.
- Several Office Building and Industrial Investments.
- Multi-Family Apartment Complexes.
Cypress also brokered the sale of the former Sun News newspaper building in Myrtle Beach.
About Cypress Commercial & Investment Real Estate
Cypress Commercial & Investment Real Estate, a commercial real estate firm based in Columbia, S.C., specializes in commercial property sales as well as investments for private and corporate investors. The company has comprehensive knowledge and experience in commercial and investment real estate and is dedicated to providing clients with superior real estate services.
Cypress Commercial & Investment Real Estate, 3101 Devine St., Columbia, SC, 29205
803-834-7014
