Gordon Geer and Reid Davis, CCIM, SIOR Facilitate $600,000 Sale of 1.735 Acres!

Anchor Commercial | CORFAC International Facilitates $600,000 Sale of 1.735 acres of Land in Charleston, SC

CHARLESTON, SC (July 7, 2011)Anchor Commercial | CORFAC International, a  leading  full-service commercial real estate provider serving the Charleston market, today  announced the completion of the sale of approximately 1.735 acres located at River Landing Drive on Daniel Island.
The property was sold by CRM Mid-Atlantic Properties (SunTrust Bank), a Georgia limited liability company, to Grove Capital LLC, a Connecticut limited liability company for $600,000.
Gordon Geer, Director of Special Asset/REO Management, Anchor Commercial|CORFAC International, represented the seller. Reid Davis, CCIM, SIOR, Principal, Anchor Commercial|CORFAC International, represented the purchaser.
This property is one of the few undeveloped parcels available at Daniel Island’s front door. The land is currently zoned for multifamily or commercial uses.

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