July Closed Transactions
July included some notable transactions for our brokerage. Overall, we closed 19 transactions equating to more than 389,000 square feet.
Office transactions accounted for nearly half of the month’s activity with the highest value office transaction being the sale of 262-266 S. Third Street. The investment property was sold by John Mally, Chad Boggs and Andrew Green for $1.8 million.
The Office Brokerage Group of Matt Gregory SIOR, CCIM, Andy Dutcher, SIOR and Philip Bird, SIOR closed 47% of the month’s transactions with the team’s highest value deal being the sale of 1953-1957 Ohio Drive in Grove City for $1.3 million. Of the transactions the team completed, one-third were medical offices.
The Industrial Property Team of Curt Berlin, S, Matt Osowski, SIOR and Blake DeCrane represented the tenant, in the largest transaction of the month at 358 Ascauga Lake Rd. in Graniteville, South Carolina where it leased 280,000 square feet. The Industrial Property Team closed 40% of all industrial transactions last month and all were multi-million-dollar deals.
The second highest-value transaction of the month was the sale of 1523 Alum Creek Drive by John Mally and Chad Boggs. The 25,920-square-foot industrial building sold for $2.3 million.
