Kempner Properties, NY Lee & Associates Acquire Summerville Retail Property For $29M
10020 Dorchester Road
138,137 SF
Summary
Located at 10020 Dorchester Road in Summerville, SC, a retail property has been sold in a recent transaction. The property spans an area of 138,137 square feet and was purchased for a total of $29,000,000, resulting in a price per square foot of $210. The sale was facilitated by Brad Buchanan from JLL.
Summary of Transaction Details:
- Property Type: Retail
- Transaction Amount: $29,000,000
- Address: 10020 Dorchester Road, Summerville, SC
- Square Footage: 138,137
- Price Per Square Foot: $210
The buyers in this transaction were Doug Kempner, Rob Kempner, and Peter Kempner representing Kempner Properties, along with Peter Braus and James Wacht from NY Lee & Associates. They acquired the property from LBX Investments. The involvement of these individuals and companies showcases their active participation in the deal, working together to complete the transaction.
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