News

Gary Kirby represents Seller of 800 Squires Point, Duncan

Gary Kirby represented the seller of 800 Squires Point in Duncan.  The purchaser, Falcon Real Estate Development, will develop townhouses on the approximate 4-acre site.

Mark Ratchford, MAI, represents Purchaser in acquisition of acreage on State Park Road

Mark Ratchford, MAI, represented the purchaser, 333 High Ridge, LLC, in the acquisition of multiple acres at 6806 State Park Road in Travelers Rest.

Gary Kirby represents seller of 3703 White Horse Road

Gary Kirby represented the Seller in the disposition of a free-standing office building located at 3703 White Horse Road in Greenville.  KDS Commercial Properties assisted the family with the management and sale of the family asset to a local CPA firm.

Chris Butler represents 308 West Stone, LLC

Chris Butler represented the Seller in the sale of free-standing, professional office space on W Stone Avenue in Greenville.  The law offices of James F. Brehm will occupy the space.

Mike Kiriakides, CCIM, represents American Eagle Builders

Mike Kiriakides, CCIM, represented American Eagle Builders in the leasing of their new corporate office space at 23 N Main Street in Travelers Rest.  American Eagle Builders is a premier custom home builder serving the entire upstate of South Carolina and Western North Carolina including Greenville, Asheville, Anderson, Pickens and Oconee.

Brad Doyle and Mark Ratchford represent Swamp Rabbit Properties, LLC

Brad Doyle and Mark Ratchford represented Swamp Rabbit Properties, LLC in the sale of its 55,000 SF light industrial building and associated 6.56 acres located at 1004 Greer Highway in Travelers Rest. The purchaser was on the down-leg of a 1031 exchange, in an effort to relocate from Downtown Greenville to the subject property.

The new owner, Machinery Maintenance & Rebuilders, Inc., will partially occupy the facility along with one existing tenant. MMR has been serving the machine tool industry for 40 years specializing in complete machine tool rebuilding, in-plant maintenance, laser alignment, optical alignment, preventive maintenance, and prototype design and build.

“We’re excited about the move, says Charles Pickelsimer, President of MMR. The facility is a great fit for us.  Brad and Mark were highly professional communicators from start to finish on this transaction.  I really appreciate their efforts.  They made the experience more pleasant.”

Historic Restoration of 1905 Piedmont Manufacturing Company Mercantile Building

Larry Webb, one of our own, is leading the way in the revitalization of historic downtown Piedmont, South Carolina

Many years ago, Piedmont was home to one of the world’s largest textile mills–Piedmont Manufacturing Company–and a thriving textile town.  Four active textile mills were situated on the Anderson County and Greenville County sides of the Saluda River.  In 1902, a major fire destroyed the entire downtown area of Piedmont including the mill stores and many other businesses.  The Mercantile Building was constructed by the mill in 1905 to replace its stores and to provide space for other local businesses.  The building has been mostly vacant for over 30 years. 

For years, Larry Webb, a resident of Piedmont and principal at KDS, has looked at this old gem (the old mill store, photo at left) sitting on the hill and thought, “We need to do something with this big beautiful building?”  After the decline in textile production and the fire in 1983, only the two smoke stacks remain of the manufacturing company; but, the old mill store remains.  “When the mill burned and was torn down, everyone kind of fled the Piedmont downtown area, and it has been that way ever since.”

After months of passing the old mill store after she was placed on the market, he did extensive market research with local business and civic leaders solidifying his decision to purchase the property.   “The mercantile building has historically been the center of retail and community activity for Piedmont’s riverfront village.  It is still considered as the heart of the village and the Piedmont community needs it to be brought back to life.  Market research confirmed that there is a demand in the area for new restaurants, retail outlets, medical offices and art venues . . . This building will be a perfect home for those uses!”

Larry and his investors plan to make a significant financial investment in the current restoration of the 25,000 SF building.  Historic tax credits and abandoned building tax credits will help offset some of the cost of the restoration and make lease rates market affordable.  The entire ground-floor retail spaces have been pre-leased and current tenant commitments have been executed with a Coffee Shop, a Taphouse, a Dentist, a Café & Caterer, and a five-artist Arts Gallery & Studios.  The upper floor of the building will be converted to eight rental apartments.

Paul Porter | Piedmont Resident | Photographer

“What a beautiful view of the waterfall and the old footbridge” says Larry as he looks out over the Saluda River and surroundings from large, floor-to-ceiling windows in the building.   The dam and falls from the original mill sits just hundreds of feet from the building.  The dam and falls is one of the oldest in the state and still generates power for the local area. The old footbridge, constructed circa 1888, originally connected both Piedmont Manufacturing Mercantile Mill Plants on either side of the river and was used by mill employees to walk back and forth over the dam to get to the mills.  The entire waterfront area of Piedmont is in early stages of re-development and revitalization in a joint effort between Greenville County, Anderson County and the local Piedmont Historical Preservation Commission.   The footbridge is currently undergoing structural engineering studies with hopes of stabilizing and revitalizing it as the central focal point of the riverfront redevelopment.  The planned revitalization also includes the construction of kayak docks with access and launching sites above and below the dam and falls allowing kayakers to float down river to Piedmont from points north and continue on down river into Anderson and beyond.  Along with the installation of the docks, plans call for public improvements such as sidewalks, gathering areas and greenspace along the river.

Larry’s restoration efforts, coupled with those of both counties and the Historic Preservation Commission, will go a long way in sparking the revitalization of Piedmont and the village of Piedmont returning to a destination location as it was in the past.

#piedmontmillstore
#historicpiedmontmillstore
#piedmontmillstorerestoration
#cre #developer

 

 

In the News…

Is Piedmont the next Travelers Rest?  Bridge, Waterfall Could be the Key, Greenville News, May 9, 2018

Piedmont Developer Meets with Citizens, The Journal, June 15, 2018

Developer hopes to revitalize downtown Piedmont, 7New WSPA.com, May 7, 2018

Planned Development could Transform Downtown Piedmont, The Journal, May 16, 2018

 

Mike Kiriakides, CCIM, represents Pronk Studios

Mike Kiriakides represented Pronk Studios in the leasing of their new video production facility located in the Highland Business Park at 355 Woodruff Road.  Pronk Studios contracts with individuals and companies to create unique media for use as a marketing tool.

Bobby Miller, CCIM, facilitates sale of 1.25 Acres in Belton

Bobby Miller, CCIM, VP of Land Division at KDS, facilitated the sale of 1.25 acres on Main Street in Belton.  Construction of Burger King’s newly-modeled restaurant will begin soon.

 

Bobby Miller, CCIM, and Chris Butler represent seller of 1140 White Horse Road

Bobby Miller, CCIM, and Chris Butler represented the Seller of 1140 White Horse Road, Greenville, in the sale of an 8,500 SF warehouse.  This location will be the new home to the local Stanley Steamer operator.

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