NAI Avant Arrranges Sales of ±0.70 Acres in MeadWestvaco’s Nexton Development
March 23, 2015
CHARLESTON, SC – Thomas Boulware, VI, CCIM and Dexter Rumsey, IV, both senior brokers with NAI Avant’s Charleston office, recently arranged the sale of ±0.70 acres located at the intersection of Rose Drive and Brighton Park Boulevard in MeadWestvaco’s Nexton development in Summerville, SC.
Boulware and Rumsey represented the seller, MWV-Parks of Berkeley, LLC, in the transaction valued at $825,000.
The parcel was purchased by CPM Federal Credit Union and will be developed as a ±3,400 square foot full-service branch scheduled to open in 2016. Markus Kastenholz with CBRE represented the buyer in the transaction.
About CPM Federal Credit Union
CPM Federal Credit Union is a member owned, not-for-profit, full-service financial institution with $267 million in assets operating 10 branches throughout South Carolina serving 64,000 members. The Credit Union was formed in 1955 by employees of the Charleston Paper Mill and has expanded to serve other major employers, including MeadWestvaco, the developer of Nexton. Proudly serving so many groups throughout the State, CPM strives to deliver service and value everyday recognizing that Carolina People Matter. For more information, visit www.cpmfed.com.
About Nexton
Nexton is new thinking in community design, coming to life at I-26 and Highway 17A in Summerville, South Carolina, at the heart of metro Charleston’s most vibrant growth. It’s a fresh response to what people and businesses need today to be creative and successful. A place where innovation is fueled by South Carolina’s first community-wide, gigabit broadband service. Where a commitment to education and healthy living will offer long-term benefits to all. And where even the smallest details are intended to make everyday life simpler and more fulfilling. For more information, visitwww.NextonSC.com.
About NAI Avant
NAI Avant’s commercial real estate business is one of the largest in the Southeast. With over 65 professionals, the firm provides comprehensive brokerage, leasing, development, property and project management services. For nearly three consecutive decades, the group has had more of its brokerage professionals recognized as top producers or recipients of the top awards than any other firm in South Carolina. As a member of the NAI Global Network, NAI Avant is affiliated with more than 375 offices strategically located throughout North America, Latin America, Europe and Asia Pacific, with over 6,700 local market professionals, managing over 380 million square feet of property. NAI Global is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms and is a wholly owned subsidiary of C-III Capital partners. NAI Global Member firms, leaders in their local markets, are actively managed to work in unison and provide clients with exceptional solutions to their commercial real estate needs. NAI Avant’s Property and Project Management Group currently manages a multi-million square foot portfolio of properties across South Carolina, North Carolina, and Georgia. Through its Avant Healthcare Division, the firm provides comprehensive services to hospitals, clinics, and physician groups. NAI Avant, founded in 1966, is headquartered in Columbia, SC with an office in Charleston, SC. Find out more about NAI Avant and its services at www.naiavant.com. Be sure to follow us on Twitter @NAIAvant and like us on Facebook.
