May 23, 2014 UBJ

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UBJ SQUARE FEET

Pleasantburg Drive in Greenville. The shopping center is located near the Greenville Technical College campus, RealOp Investments, a Greenville and current tenants include the commercial real estate investment Miracle Hill Thrift Store, Family firm, announced that it has acquired Dollar Store and others. Richmond Town Center at 409 S. The 77,686-square-foot retail project is RealOp’s 11th investment in the Upstate market. TENANTS AT “Greenville is among the counRICHMOND TOWN CENTER try’s most dynamic markets, and TENANT SQUARE FOOTAGE growth in the market has been explosive. The property is located Miracle Hill Thrift Store.............. 36,666 in very close proximity to GreenFamily Dollar.............................. 6,720 ville’s Central Business District Bank of America......................... 3,600 and is set squarely in the path of 496 Barber Academy/Salon.......... 3,525 new infill development,” said Budget Cleaners.......................... 2,625 Kyle Putnam, RealOp InvestChang An Chinese Restaurant...... 1,450 ment’s chief investment officer. RealOp expects to improve TGIS Party Shop......................... 1,175 co-tenancy and physical characMakers Finance.......................... 1,125 teristics of the property. “We are Lee’s Nails................................. 1,000 in discussions with several tenant TOTAL LEASED 57,886 prospects about the vacant endcap space along Pleasantburg AVAILABLE SPACE Drive, as well as with other end Vacant...................................... 15,500 users about ground-up construcVacant........................................ 4,000 tion on a new outparcel,” said Vacant........................................ 2,900 Reggie Bell, partner at RealOp. Vacant........................................ 1,000 “We hope to have some exciting new tenant announcements in TOTAL AVAILABLE 23,400 the next 90 days.”

S. PL EA SA NT BU RG DR .

Buyers Court New Tenants for Richmond Town Center SHERRY JACKSON | STAFF

sjackson@communityjournals.com

sjackson@communityjournals.com Construction has begun on The Enclave at River Reserve. Located just off Interstates 185 and 85 and Highway 153 and across the street from the large master-planned community of Acadia in Powdersville, the new, 56-homesite gated community will have walking trails; wooded, private backyards; and riverfront lots along the Saluda River. “We’re located directly across from The

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UPSTATE BUSINESS JOURNAL

River Reserve and are offering smaller lots –about one-fourths acre – for those looking for homes with about the same square footage but less yard,” said Stan McAlister, owner/broker of McAlister Realty. “We’re expecting buyers from both the Anderson and Greenville areas.” A community river house overlooking the Saluda will also be available for residents to use for birthday parties and other gatherings. >>

May 23, 2014

DR. NTBURG S. PLEASA

T. DS AN EL EV CL

“This is a high-quality asset both in terms of location and upside potential and, we believe, will be accre-

Gated Community Planned for River Reserve SHERRY JACKSON | STAFF

GREENVILLE TECHNICAL

COLLEGE – BARTON CAMPUS

PA RK IN SM ILL RD .

E. FA RIS RD .

tive based on our target return for the portfolio upon stabilization,” said Putnam.


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May 23, 2014 UBJ by Community Journals - Issuu