Frank Recine & Jason Bogart Of Accordia Realty Acquire Industrial Portfolio In North Charleston For $48.05M
South Carolina
See Similar DealsFrank Recine & Jason Bogart Of Accordia Realty Acquire Industrial Portfolio In North Charleston For $48.05M
1101 Remount Rd & 1141 Remount Road
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1101 & 1141 Remount Road is an industrial asset located in North Charleston, SC. The property was sold for $48,050,000 and has a total square footage of 305,114. The sale price equates to approximately $157 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $48,050,000
- SF: 305,114
- PPSF: $157
- Buyer: Frank Recine & Jason Bogart - Accordia Realty
- Market: North Charleston, SC
Accordia Realty's acquisition of Remount I & II marks the firm's largest deal and its first commercial property transaction in South Carolina. The Remount Business Park consists of 25.88 acres and is currently 90% leased, with plans for significant upgrades as part of Accordia’s strategy for expansion in the Southeast.
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