Ziff Real Estate Partners Acquires Retail Center In Charleston From Continental Realty Corporation For $22.57M

The property asset involved in the transaction is West Ashley Shoppes, a retail center located at 946 Orleans Road in Charleston, South Carolina. The center features a total square footage of 136,000 and was sold for a transaction amount of $22,570,000, translating to a price per square foot of $166.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $22,570,000
• Square Footage: 136,000
• Address: 946 Orleans Road
• Market: Charleston, SC
• Buyer: Ziff Real Estate Partners
• Seller: Continental Realty Corporation
• Broker: Thomas Kolarczyk - JLL

The key individuals and companies involved in this deal include Ziff Real Estate Partners as the buyer and Continental Realty Corporation, which acted as the seller. Thomas Kolarczyk represented the seller during the transaction, facilitating the sale of the retail center.