Dallas-based Venture Commercial Real Estate’s Investment Sales team has completed the sale of a portfolio of five Capital Bank properties located in South Carolina communities in the Greenville-Spartanburg area and Mt. Pleasant. The combined properties total 43,113 square feet of space on more than 6.5 acres of land.
John Zikos, Jonathan Cooper and Don Miller with Venture Investment Sales represented the seller, First National Holdings, LLC in the transactions. Luke Denny with Fischer & Company represented the buyer, First Tennessee Bank National Association.
“We marketed these properties to a national pool of buyers, which ultimately allowed us to sell the real estate to the acquiring bank for maximum value,” said Zikos, a principal at Venture.
The properties in the portfolio include:
• a 29,580-SF building at 215 North Pine Street in Spartanburg;
• a 5,758-SF building at 3401 Pelham Road in Greenville;
• a 3,100-SF building at 713 West Wade Hampton Boulevard in Greer;
• a 2,962-SF building at 3090 Boiling Springs Rd. in Boiling Springs; and
• a 1,713-SF building at 651 Johnnie Dodds Boulevard in Mt. Pleasant.
The Venture Investment Sales team of John Zikos, Jonathan Cooper and Don Miller bring a combined 66 years of retail real estate expertise to their business, from brokering the sale of land for retail development, to leasing shopping centers and optimizing tenant mix, to planning market strategies for retailers and securing the best sites. Their retail knowledge allows them to understand, articulate and maximize value, resulting in more than $1 billion in sales transactions to date.
About Venture Commercial
Venture Commercial Real Estate is a leader in retail brokerage services throughout the Southwest and is dedicated to each client’s success. The company’s full-service real estate platform includes landlord and tenant representation, property management, land sales, disposition and investment sales. Venture also provides strategic market planning and site selection for restaurant and entertainment clients through its Venturetainment team. Venture is the D-FW partner of X Team International, a network of retail real estate advisors with expertise across the U.S., Canada and Europe. For more information, visit venturedfw.com.