Colliers International | South Carolina’s Mary Winter Teaster represented Hendrix Properties, LLC in the sale of a 1.44-acre lot at 1510 & 1514 Brentwood Drive in Forest Acres to Cason Development Group, LLC.
Located next to SouthState Bank and MUV Fitness, this Brentwood Drive redevelopment project, purchased by Cason Development Group, will bring 11 townhomes and two professional buildings totaling ±15,000 square feet of Class A retail and office space to serve the local demand for Class A development. The City of Forest Acres anticipates this to be an impressive and positive addition to the area.
“This was a very complex transaction,” Teaster said. “It entailed over three and a half years of hard work, collaboration and neighborhood cooperation to tackle the rezoning, permitting, engineering and planning of this property. I cannot give enough credit to the seller and buyer for complete cooperation of this significant project.”
Cason Development Group is a commercial real estate development firm located in South Carolina and focused on small to midsize development projects in the Columbia area as well as tenant-focused development outside Columbia. They own, lease, manage and develop retail, office and multifamily sites in the South Carolina market.
Teaster is a Senior Brokerage Associate with Colliers International | South Carolina, with multi-year experience in small business and nonprofit sales and leasing of properties.
About Colliers International
Colliers International | South Carolina has over 150 staff members, including 65 licensed real estate professionals, covering the entire state with locations in Charleston, Columbia, Greenville and Spartanburg. Total 2019 brokerage volume exceeded $419 million, which included over 452 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 International 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 nearly 15.5 million square feet of office, industrial, retail and healthcare properties. Colliers International’s staff hold 44 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.
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