Hot Properties for July 12, 2010

Each Monday, Hot Properties highlights recently sold or leased commercial properties in the Charleston region. Submissions should be sent to dailyjournal@scbiznews.com.

Reid Davis of Anchor Commercial Corfac International represented the landlord, G&R Holdings LLC, in the lease of a 2.6-acre tract on Clements Ferry Road, identified as TMS 271-00-00-188. The tenant, Atlantic Intermodal Services LLC, will use the premises for a trucking facility.

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Kim Hinshaw of Anchor Commercial Corfac International represented the seller, Marsh Oak Medical Park LLC, in the sale of a 0.84-acre tract of land at 1004 Physicians Drive, also known as Marsh Oak Medical Park, in Charleston to Physician Drive LLC.

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Healthcare Trust of America Inc., a self-managed, non-traded real estate investment trust, has purchased Cannon Park Place, a 45,500-square-foot, 100% leased, Class “A” medical office building on Calhoun Street between Ashley and Rutledge Avenues in Charleston, for approximately $10,446,000.

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Jim Davis of Coldwell Banker Commercial Atlantic International Inc. represented the tenant, Systems Technology Forum, in a lease execution for office space located at 4975 La Cross Road, Suite 313, in North Charleston.

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Brian Aiken of Coldwell Banker Commercial Atlantic International Inc. completed a 10-year lease agreement with Panera Bread for a 4,000-square-foot restaurant at 1311 N. Main St. in Summerville.

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Kim Hinshaw of Anchor Commercial Corfac International represented the tenant, Stantec Consulting Services Inc., in the sublease of a 1,455-square-foot office suite at 4969 Centre Pointe Drive in North Charleston to Schuchart Corp. The landlord is Oaks at Centre Pointe LLC.

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Milton Thomas of Anchor Commercial Corfac International represented the landlord, Carolina Development Partners LLC, in the lease of an 11,000-square-foot flex building at 9509 Hamburg Road in North Charleston to Adams Outdoor Advertising, an advertising and marketing firm specializing in outdoor signs and billboards. The building consists of 4,000 square feet of office space and 7,200 square feet of warehouse space.

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Mark Erickson of Coppedge and Tison, Cushman and Wakefield represented the tenant, Neurological Healthcare Systems, in the lease of 2,697 square feet of medical space at 882 Whipple Road in Mount Pleasant from Whipple Road Plaza LLC, which was represented by Shawn Howell of Howell and Associates.

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Mark Erickson of Coppedge and Tison, Cushman and Wakefield represented the sellers, Homer and Catherine Norton, in the sale of 5133 Rivers Ave., formerly the Charleston Boat Center, to Nason Medical Center.

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Mark Erickson of Coppedge and Tison, Cushman and Wakefield represented the seller, The Outboard Motor Shop Inc., in the sale of 5120 Rivers Ave. to Bankfield Holding Co. LLC.

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Milton Thomas represented the landlord, Cross Creek Shopping Center LLC, in the long-term lease of 13,172 square feet of medical office space at 325 Folly Road, also known as Cross Creek Village, to Roper St. Francis Physicians Network.

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