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1500 North Highway 17
SOLD

Ziff Real Estate Partners Acquires Wando Crossing Retail Center In Mount Pleasant For $46.75M

1500 North Highway 17

Retail
214,000 SF
clock iconSold 175 days ago
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Summary

Sale
SOUTH CAROLINA
Retail
214,000 sqft

Ziff Real Estate Partners of East Cooper has acquired Wando Crossing, a 214,000-square-foot retail center located at 1500 North Highway 17 in Mount Pleasant, South Carolina. The property was sold by David R. Lukes, who represented Site Centers, for a total price of $46.75 million. The retail center is situated on 21 acres of land and offers excellent opportunities for commercial development in the Mount Pleasant market.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $46,750,000
  • Square Footage: 214,000 SF
  • Address: 1500 North Highway 17, Mount Pleasant, SC
  • Market: Mount Pleasant, SC

Christian Chamblee of Ziff Real Estate Partners represented the buyer in this transaction, highlighting their commitment to expanding their real estate portfolio in the area. David R. Lukes, acting as the seller's representative for Site Centers, facilitated the deal. The acquisition of Wando Crossing presents an exciting opportunity for Ziff Real Estate Partners to enhance their presence in Mount Pleasant and capitalize on the growing demand for retail space in the market.

Details

Deal Summary
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SOLD
IMAGE: Christian Chamblee & David R. Lukes DATE: 11/14/2023 ADDRESS: 1500 North Highway 17 MARKET: Mount Pleasant, SC ASSET TYPE: Retail ~ ACRES: 21 BUYER: Christian Chamblee - Ziff Real Estate Partners SELLER: David R. Lukes - Site Centers SALE PRICE: $46,750,000 SF: 214,000 ~ PPSF: $218 NOTE: Ziff Real Estate Partners of East Cooper has acquired Wando Crossing, a 214,000-square-foot retail center in Mount Pleasant, South Carolina, for $46.75 million.

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Address1500 North Highway 17

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