Two upper King Street buildings purchased for $12 million

January 24, 2023

NAI Charleston announced that Thomas Boulware, SIOR, CCIM represented the purchaser in the acquisition of 585 & 587 King Street. These buildings, which comprise ±13,700 SF, are occupied by Fuji Sushi Bar and Uptown Social, upper King Street entertainment district staples.

The seller, Vanderking, LLC, was represented by Tim Weldon of Colony Commercial Real Estate.

“I am thankful for the opportunity to represent the purchaser in the acquisition of these quality assets,” said Boulware. “These well-established tenants will continue to thrive as upper King Street continues to evolve.”

For more information contact Thomas Boulware, SIOR, CCIM at 843.270.9124 or [email protected].

About NAI Charleston

NAI Charleston is a full-service commercial real estate firm whose industry experts have over a century of combined experience in the Charleston commercial real estate industry and over $1 billion in total transaction volume. In 2017, local brokers Thomas Boulware, Dexter Rumsey, David Ingle and David Grubbs partnered together to found NAI Charleston as an independent franchise of NAI Global, one of the leading global commercial real estate firms, to strengthen their leadership and footprint in the Lowcountry. An owner-operated firm, NAI Charleston possesses a highly personal and unwavering commitment to excellence that can’t be duplicated. Local ownership and leadership, paired with global resources, enable them to offer clients unparalleled services. As a member of NAI Global, NAI Charleston has independent access to the largest, most powerful network of owner-operated commercial real estate firms in the world. Their affiliates comprise 6,000 professionals in 375 offices and 36 countries. Their brokerage, development, management, and consulting services are tailor-made to meet the specific needs of each assignment – from single transactions to coordinating the delivery of multiple services over broad geographic areas.