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Fairview Road & Harrison Bridge Road Submarket

Martin's Run Development
Martin's Run Development

Martin’s Run Development
4.3 acres remaining available

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Martin’s Run, a 10-acre development located on Harrison Bridge Road, is a mixed use development. Appropriately named in remembrance of long-time Greenville County Sheriff Bob Martin, the development occupies the old Martin Family farm property. The development was strategically designed with the storm pond located on the rear portion of the site to accommodate storm drainage for the entire development. As with most developments, this site has had its challenges. The site is located within the city of Simpsonville’s jurisdiction; so, approval at every stage of the development required dual approval with Greenville County.

The first outparcel was sold to Simpsonville Express Car Wash. This 1.3-acre site was designed around an existing transmission power line, where by the vacuums and parking were position underneath the powerlines maximizing the useable land. The car wash opened in June of 2018. Now under construction and taking advantage of the growing number of nearby homes: Clemson Eye, Foundation Early Center (daycare), and Smiling Places (pediatric dental office) — All expected to open for business prior to 2020.

From the initial site design phase through construction of the first user, an approximate two-year span, Bobby Miller and KDS Commercial Properties provided constant project oversight, team leadership and site development oversight for the land owners. “It’s so enjoyable at this stage of development,” says Bobby, “as working through and toward a successful retail development strategy for the client made it all worth while.”

George Wike, land owner of Martin’s Run, says “Bobby’s oversight, knowledge, and expertise have been invaluable in this process.”

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Harrison Bridge - Post Development 2018
Harrison Bridge - Pre-Development - 2012

Harrison Bridge Development
9.5 acres

Not long after the great recession (mid 2012), on a once-foreclosed retail development site, a local bank received a referral that Bobby Miller of KDS Commercial Properties would be a good fit to facilitate a new perspective into a partially-developed site. The 9.5-acre site required new civil design ideas to incorporate site grading that had been approved and completed on the ground; mainly ingress and egress and a storm pond that stretched across the front of the site. Planet Fitness was the first user to the site, and the new design utilized the existing development features without compromising lost acreage. Once the rear was developed with Planet Fitness, an indoor climate-controlled user, Bee Safe, and Parkside Pediatrics secured the remaining parcels.

“KDS and Bobby Miller helped us navigate the development and engineering aspects during the due diligence process to successfully consummate the outparcel sales — and we couldn’t be more pleased,” said Rodger Anthony, CEO, Cornerstone National Bank.

As the data shows, this retail submarket is quite healthy. Rents are trending upward and the majority of new construction is “build-to-suit” for users. Equally so, office/service providers have self built their new locations during the past several years.

“We are bullish on this submarket, especially as the number of new homes continues to make this area one of the fastest growing in Greenville County,” says Bobby Miller, CCIM.

 

Retail

Office

SF 2.8M 809K
Buildings 252 107
Available SF 102K 14.7K
Under Construction 0 11K
Current Market Vacancy 3% 1%
Average Market Rents/SF $15.55 $17.15

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Mike Kiriakides facilitates Acquisition of 10 Toy Street in representing Volition, LLC

Mike Kiriakides, CCIM, principal at KDS, facilitated all aspects of this acquisition including property search, negotiations, and due diligence in his representation of the new owners, Volition, LLC.

The Hayne School Building, built in 1919 and located in the Pettigru Historic District of Greenville, has been sold. The school was built to serve the Boyce Lawn district, one of the city’s most elite residential areas in the 1890s and was named after P.T. Hayne, former chairman of the school district’s board of trustees. The school closed in 1970.

Now, this beautiful old building, featuring wide open floor plans with massive ceiling heights, will be utilized as Class A office space by Foster Victor Wealth Advisors.

Bobby Miller, CCIM, represents Great Southern Homes, Inc. in Land Acquisition

Bobby Miller, CCIM, represented Great Southern Homes, Inc.  in the purchase of approximately 9 acres on South Suber Road.  The acreage will be home to a new residential subdivision to be located between Lismore Village, Lismore Park, Princess Creek, and Riverside Glen subdivisions in Greer.  Chuck Langston of Langston-Black Real Estate represented the seller.

Gary Kirby represents St. John of the Ladder Church

Gary Kirby represented St. John of the Ladder Church in Greenville in the sale of a 6,270 SF church facility situated on approximately 2 acres located at 701 Augusta Arbor Way in Piedmont near SCTAC.  New Beginnings Church purchased the facility and will continue using it for worship and church activities.

Larry Webb and Mark Ratchford, principals at KDS, represent the Seller in the Disposition of Land for the new Hub 14 Urban Townhomes Development

Larry Webb and Mark Ratchford, principals at KDS, represented the owners in the sale of acreage located at 312 Echols Street in Greenville, directly across from Hincapie Sportswear and behind the upcoming Starbucks location at 47 Pete Hollis Boulevard.  The property will be developed as urban townhomes.  This premiere development called “The Hub” will consist of 14 urban townhomes with sitework commencing in September 2019 and completion expected in the fall of 2020.    The Hub will be a short distance from Unity Park and walking distance from the newly announced Cook’s Station and Heritage Green Urban Arts and Cultural Center.

Conceptual courtesy of the The Parker Group of Greenville, developers of “The Hub”

Larry Webb and Mark Ratchford, MAI, represent the Owner of 47 Pete Hollis Boulevard

Larry Webb and Mark Ratchford, MAI, represent the owner in the sale of an approximate one-acre site on Pete Hollis Boulevard.   The property at 47 Pete Hollis will be developed for retail use as a Starbucks and is located directly across the street from the upcoming premiere residential townhomes developement called The Hub.  The Hub and the new Starbucks is a short distance from Unity Park and walking distance from the newly announced Cook’s Station and Heritage Green Urban Arts and Cultural Center.

 

Nathan Long and Travis Lacey represent Purchaser of Net Leased Property

Nathan Long, CPA, and Travis Lacey, Investment Services at KDS, represented the purchaser of a single-tenant, net-leased property on Main Street in Easley.  The property is leased to Aaron’s, a national operator specializing in rent-to-own offerings.

Brad Doyle and Mark Ratchford represent the owners of 610 N Main Street

Brad Doyle, Senior Broker, and Mark Ratchford, MAI, represented the owners in the leasing of a 4,500 SF office building located at 610 N Main Street, Greenville.  The new tenants, Mussman Architects, will occupy the space in September.

Brad Doyle, Senior Broker, Represents Foster Law Firm

Brad Doyle represented the purchaser, 25 Mills, LLC, in acquiring a 5,314 SF building with high visibility on Mills Avenue in Greenville.  The Foster Law Firm, longterm resident of 601 E McBee Avenue, will relocate their offices to the new space at 25 Mills Avenue after making minor modifications.

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.

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