NAI Columbia’s Patrick Palmer, CCIM, and Bobby Balboni represented PASSIVEINVESTING.COM, LLC, in the successful acquisition

June 9, 2022

The Purchaser, PASSIVEINVESTING.COM, is a recognized leader in managing a growing portfolio of large, quality apartment communities, self-storage and express car wash facilities.

“We are honored to assist our client in an acquisition that will give them an excellent foothold for their express car wash portfolio in the Midlands for years to come,” said Patrick Palmer, CCIM, a Principal with NAI Columbia and Director of the Carolina Shopping Center Strategists Team. “We are thrilled to walk away from this deal knowing that our client is acquiring premium underlying real estate in addition to a great business with an established subscription-base.”

About NAI Columbia

NAI Columbia is a full-service commercial real estate firm located in Columbia, South Carolina, providing customized brokerage, property management, project management, development, research and consulting services throughout the Columbia, S.C., region and beyond. NAIC is broker-owned with over 200 years of combined local experience among its partners. Founded in 2019, the firm is a partnership between NAI Earle Furman in Greenville, S.C., along with eight local principals that served as senior brokers with NAI Avant, which derived from national real estate developer Edens and Avant, before its sunsetting and reformation as NAI Columbia under new leadership and a new company structure. NAIC is a member of the NAI Global commercial real estate network providing real estate solutions through 375+ offices worldwide. For more information visit www.naicolumbia.com.