Venture South Investments Acquires Development Site In Mauldin, SC For $4.6M

A 10.9-acre development site located at 1116 Ashmore Bridge Road in Mauldin, SC, was sold for $4.6 million. The property is set to be developed into a shopping center with a 63,000-square-foot retail space, including a 45,000-square-foot Publix grocery store and two additional outparcels. The sale was facilitated by Reedy River Retail at SVN Blackstream, with Daniel Holloway and Dustin Tenney representing the buyer, Venture South Investments.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $4,600,000
• Market: Mauldin, SC
• Square Footage: 63,000
• Price per Square Foot: $73
• Buyer: Venture South Investments
• Brokers: Daniel Holloway & Dustin Tenney - Reedy River Retail

Venture South Investments, based in Atlanta, acquired the development site with plans to construct a retail center anchored by Publix. The two outparcels included in the development will complement the 45,000-square-foot grocery store, enhancing the shopping experience for future visitors. The involvement of Reedy River Retail and its brokers, Daniel Holloway and Dustin Tenney, underscores the strategic approach taken in this real estate transaction.