Anchor Commercial | CORFAC International Facilitates $1.6 Million Sale of Townhome Lots in Charleston, SC
CHARLESTON, SC (July 8, 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 165 finished townhome lots located in the Marsh View neighborhood at 140 McLernon Trace in Charleston, SC.
The property was sold by SA Group Properties, Inc. (US Bank) to R&M Global Group, LLC, a Florida Limited Liability Company, for $1.6 million.
Gordon Geer, Director of Special Asset/REO Management, Anchor Commercial|CORFAC International, represented the seller. Michael Elliott and Elliott Hutson from Carolina One Real Estate represented the buyer.
The Marsh View neighborhood was originally a 30 acre tract of land designed and built by Portrait Homes with a planned build out of 192 attached units per an approved PUD in the City of Charleston. To date, 27 drive under style townhome units in six buildings have been constructed.