Hot Properties for July 9, 2012

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

Chris Koepenick, CCIM, of Lee & Associates, represented the seller, GVD Commercial Properties Inc., in the sale of a 6,867-square-feet restaurant located at 2401 Mall Drive in North Charleston. Mike Rose of Coldwell Banker/Commercial Atlantic International represented the buyer.


Alex DeSeta of Lee & Associates Charleston represented the buyer, El Cid Alpha LLC, in the purchase of a 9,701-square-foot drugstore at 861 Folly Road in Charleston. The property was purchased for $2.15 million.


Weldon Raiford with The Beach Co. — Beach Commercial represented the landlord, 3820 Faber Place LLC, in the lease of 5,191 square feet of office space located at 3820 Faber Place Drive, Suite 600, in North Charleston to the tenant, VO Financial SC Inc., which was represented by Carl Michael Harrison, also with The Beach Co. — Beach Commercial.


Carl Michael Harrison with The Beach Co. — Beach Commercial represented the landlord, The Beach Co., in the lease of 1,218 square feet of retail space located at 1960 Riviera Drive, Suite D, in Mount Pleasant to the tenant, Fitnessboom LLC.


Eddie Hughes with The Beach Co. — Beach Commercial represented the buyer, Advintage Distributing, in the purchase of a 31,956-square-foot industrial warehouse located at 9570 William Aiken Drive in North Charleston from the seller, WestCap Funding Inc., which was represented by Will Martin with Holcombe Fair and Lane, for the purchase price of $1.45 million.


Ryan Welch of Lee & Associates represented the landlord, Christy & Associates Inc., in the lease of about 1,356 square feet at 102 Greenland Drive in Goose Creek. Welch also represented the tenant, DK William & Associates.

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