Updated Nov 6, 2026
Doug Ostrover And Marc Lipschultz Of Blue Owl Acquire Industrial Asset In Bishopville For $28.17M
227 Browntown Road
$28,171,000
$88/SF
Building Size
317,865 SF
Asset Type
Industrial
Closing
Nov 6, 2026
About this deal
AI
A fully leased industrial building was sold at 227 Browntown Road in Bishopville, South Carolina. The asset has a size of 317,865 square feet and was sold for $28,171,000, resulting in a price per square foot of $89.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $28,171,000
- Address: 227 Browntown Road
- Market: Bishopville, SC
- Buyer: Doug Ostrover & Marc Lipschultz - Blue Owl
- Seller: James Asher - Weston
- Broker Representatives: Chuck Salley, Thomas Beard & John Peebles - Colliers
- Square Footage: 317,865
- Price per Square Foot: $89
Weston sold the property to Blue Owl Capital, and the transaction involved representation from Colliers South Carolina, which included brokers Chuck Salley, Thomas Beard, and John Peebles.
On the Map
$28,171,000
$88/SF
Industrial
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Players
Way Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.56%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93