Thursday, December 22, 2016

HFF closes sale of One and Two Liberty Square in Greenville, SC

One and Two Liberty Square, Greenville, SC

Ryan Clutter
 CHARLOTTE, NC – Dec. 22, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the sale of One and Two Liberty Square, two Class A office buildings totaling 445,612 square feet in Greenville, South Carolina.

HFF marketed the property on behalf of the seller, HB Liberty Square, LLC, and procured the buyer, Lingerfelt CommonWealth Partners.  The property was sold free and clear of existing debt.

One and Two Liberty Square is situated on 1.536 acres at 55 and 75 Beattie Place one block away from the future federal courthouse in Greenville’s central business district. 

This location is convenient to Interstates 385, 85 and 26 providing access to surrounding executive communities, the greater Greenville-Spartanburg metro and the broader Southeast market, including Charlotte, Atlanta and Columbia, South Carolina. 

The 16-story, 258,047-square-foot Liberty One and the 12-story, 187,565-square-foot Liberty Two buildings are 81 percent leased to tenants, including Sherman Financial; Brown Mackie; Shellpoint Mortgage and Gallivan, White & Boyd.  In the last two years, Liberty Square has been extensively renovated with upgrades to the common areas, lobbies, restrooms, exterior areas and elevators. 

Ralph Smalley

The HFF investment sales team representing the seller was led by senior managing director Ryan Clutter, managing director Ralph Smalley, director Scot Humphrey and associate director Kelly Kuykendall.

“Liberty Square I & II are two iconic assets on the Greenville, South Carolina skyline that offer a tremendous opportunity to acquire significant critical mass in the Greenville CBD,” commented Clutter. 

“Institutional capital is taking note of the vibrant economy in Greenville and throughout the state of South Carolina and we believe we will continue to see more and more capital targeting this region in the year ahead.” 

For a complete copy of the company’s news release, please contact:

Kristen Murphy
Director, Marketing
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
tel 617.848.1572 | fax 617.338.2150 |

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