Cason Development Group Acquires Retail Buildings At 3818 Devine Street For $7.1M

The transaction involved two vacant retail buildings located at 3818 Devine Street, Columbia, SC, with a total square footage of 38,816. The sale was completed for a price of $7,100,000, equating to a price per square foot of $183. The property was previously occupied by Piggly Wiggly.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $7,100,000
• Square Footage: 38,816
• Address: 3818 Devine Street
• Market: Columbia, SC
• Buyer: Cason Development Group
• Brokers: Andrew Margulies & Harrison Creason - Marcus & Millichap

Marcus & Millichap facilitated the sale as the brokerage firm involved in this transaction, representing the buyer Cason Development Group, who acquired the property from an out-of-state owner.