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| One and Two Liberty Square, Greenville, SC |
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| 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.
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| 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 | www.hfflp.com
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