BA-BOOOOOSH – Charleston Commercial Tidal Wave Building – COMMERCIALLY SPEAKING – Charleston Commercial Real Estate Transactions Closed and Pending as of October 2014
This is a Seay Development Commercial Real Estate Update encompassing Charleston, South Carolina and surrounding areas for the Month of September, 2014 brought to you by David Seay, CCIM, BIC highlighting Charleston Commercial Real Estate that has closed or is pending AKA “Under Contract”.Charleston Commercial Summary:
27 Properties Sold in September 2014.  175 Properties Actively Under Contract. (See attached for 27 area closed transactions).
Wrapping up the month of September 2014 according to the Charleston Trident to Association of Realtors (CTAR), 27 commercial real estate transactions closed in September. Presently, there are 175 commercial properties under contract or pending.  Of the 175 commercial properties under contract, there are still a few “Monster” transaction prices that are going to close, however most of the inventory closing and under contract is the nooks and crannies of the market.  Little properties that looked like they were never going to sell.  That is just an indicator that inventory is burning out and off and sellers need to jump in.  With over 1,367 available properties for sale, we still have plenty of inventory, but now is the time to start thinking of pricing and strategy depending on your individual objectives.  I am happy to keep your situation confidential and offer my thoughts of pricing, etc.

I have attached for you the 27 closed transactions if you’d like to look in detail at the transactions for comparable purposes. Please call me if you have additional questions about these transactions or if you have any questions about your own property valuation, whether commercial or residential.
My clients would appreciate it if you would please review their featured listings by clicking the following link:
You can also search both Commercial and Residential Real Estate for Sale at http://www.SeayDevelopment.com or click the following link:
We have plenty of businesses for sale as well as well as start up opportunities.
Closed September 2014 Commercial Transactions

Park West Investment Portfolio for Sale. 8.5% CAP Rate in Charleston MSA
Park West Investment Portfolio for Sale. 8.62% CAP Rate in Charleston MSA

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