Fourthline Capital Management Acquires Office Asset From Oceanside Resorts For $45.75M In Charleston SC

The office asset located at 200 Meeting Street in Charleston, SC, has been sold for a total transaction amount of $45,750,000. The property encompasses a total area of 156,000 square feet, yielding a price per square foot of $293.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $45,750,000
• Address: 200 Meeting Street
• Market: Charleston, SC
• Square Footage: 156,000
• Price per Square Foot: $293
• Buyer: Fourthline Capital Management
• Seller: Oceanside Resorts
• Broker: Ed Nelson & Erik Edeen & James Nelson - Avison Young

Ed Nelson, now with Cushman & Wakefield Retail Services, along with Erik Edeen and James Nelson from Avison Young, represented the seller, Oceanside Resorts, in the transaction of this property. The deal highlighted the effectiveness of Avison Young's collaborative US Investment Sales platform across various markets.