{"id":1004198122,"date":"2017-11-22T04:47:03","date_gmt":"2017-11-22T12:47:03","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004198122"},"modified":"2022-12-05T21:37:05","modified_gmt":"2022-12-06T05:37:05","slug":"holder-sells-4-building-office-portfolio-in-charleston","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/holder-sells-4-building-office-portfolio-in-charleston\/","title":{"rendered":"Holder Properties Sells 4 Office Buildings in Charleston"},"content":{"rendered":"<p><em>By Keith Loria<\/em><\/p>\n<div id=\"attachment_1004198133\" style=\"width: 373px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/2974.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004198133\" data-attachment-id=\"1004198133\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/holder-sells-4-building-office-portfolio-in-charleston\/attachment\/2974\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/2974.jpg\" data-orig-size=\"640,512\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/2974.jpg?w=640\" class=\"wp-image-1004198133 \" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/2974.jpg\" alt=\"1 Central Island Plaza\" width=\"363\" height=\"290\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/2974.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/2974.jpg?resize=300,240 300w\" sizes=\"auto, (max-width: 363px) 100vw, 363px\" \/><\/a><p id=\"caption-attachment-1004198133\" class=\"wp-caption-text\">1 Central Island Plaza<\/p><\/div>\n<p>A joint venture between Cobalt Property Group and Garrison Investments has acquired a four-building, Class A office portfolio consisting of nearly 252,000 square feet in Charleston, S.C. from Holder Properties.<\/p>\n<p>As part of the deal, Holder Properties has agreed to continue to manage the buildings in the portfolio on behalf of the new owners. The four fully-leased properties are:<\/p>\n<ul>\n<li>174 Meeting<\/li>\n<li>Faber Pointe<\/li>\n<li>1 Central Island Plaza<\/li>\n<li>3800 Paramount Drive<\/li>\n<\/ul>\n<p>Consisting of 52,000 square feet, 174 Meeting St.,\u00a0features of four stories with ground floor lobby, a CertusBank branch, ATM, and parking. The building is designed with energy efficient systems and environmentally sensitive materials. Faber Pointe is a 75,000-square-foot Class A office building located off Interstate 526 in the Executive Park at Faber Place, while 3800 Paramount Drive is located in North Charleston. 1 Central Island Plaza is within a 4,000-acre master-planned community located on Daniel Island. The four-story\u00a0asset is a 75,000-square-foot multi-tenant office building, with a surface parking area for approximately 265 vehicles.\u00a0The development utilizes approximately 3.5 acres in the Town Center district with prime I-526 interstate visibility.<\/p>\n<p>Each property boasts a mix of local, regional and national tenants.\u00a0<\/p>\n<h2><strong>Invested\u00a0the Area<\/strong><\/h2>\n<p>In February, Holder Properties began construction of River Oaks Center, a 106,000-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/holder-properties-breaks-ground-on-charleston-office-building\/\">Class A office in Charleston<\/a>\u2019s largest office park, the Executive Park at Faber Place.<\/p>\n<p>During the last decade, Holder Properties has developed more than 800,000 square feet of Class A office space, valued in excess of $185 million, in the Charleston area. Projects include 1 Central Island Plaza and\u00a0Blackbaud\u2019s new corporate headquarters located on Daniel Island, currently under construction.<\/p>\n<p><em>Image courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As part of the deal, Holder Properties has agreed to continue to manage the buildings on behalf of the new owners. Each property boasts a mix of local, regional and national tenants.<\/p>\n","protected":false},"author":451,"featured_media":1004198133,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21808,21783,21742,21747],"tags":[34205,33140],"class_list":["post-1004198122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-featured","category-investment","category-latest","category-office","tag-garrison-investment-group","tag-holder-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Holder Properties Sells 4 Office Buildings in Charleston - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/holder-sells-4-building-office-portfolio-in-charleston\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Holder Properties Sells 4 Office Buildings in Charleston\" \/>\n<meta property=\"og:description\" content=\"As part of the deal, Holder Properties has agreed to continue to manage the buildings on behalf of the new owners. 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