Newry
Newry, SC · Real Estate
scbiz.com
Dutch Bros Coffee property sells for $2.53M in Boiling Springs
Marcus & Millichap sold the Dutch Bros Coffee property in Boiling Springs for $2.53 million. The 0.71-acre property at 2209 Boiling Springs Road includes an 850-square-foot drive-thru coffee building. The property has an absolute triple-net lease with more than 13 years remaining on its original 15-year term. Dutch Bros assumed...
upstatebusinessjournal.com
Groundbreaking held for $44M Murray Mill in Anderson
Charleston-based Southeast Partners broke ground on a $44 million residential community called Murray Mill in downtown Anderson on Sept. 17. City officials, project partners and community members came together to celebrate Anderson’s first ground-up, multifamily development in more than a decade. The new garden-style apartment complex will be located at 520 Fair St. off Murray Avenue.
The Post and Courier
Myrtle Beach company buys 365 apartments on Greenville’s Swamp Rabbit Trail
GREENVILLE — District West, a luxury apartment complex on Greenville’s Swamp Rabbit Trail, has a new owner. Burroughs & Chapin Co., which is based in Myrtle Beach, bought the complex for an undisclosed amount from Mesirow Institutional Real Estate Direct, a Chicago firm, according to a news release. The 365-unit complex sits on the Reedy River between Falls Park and Unity Park, offering studios, one-bedroom and two-bedroom apartments. Its amenities include a heated pool, conference rooms and a fitness center. The acquisition is part of Burroughs & Chapin’s strategy to buy the highest-quality r...
scbiz.com
Flying Fox Coffee to open in downtown Woodruff
Flying Fox Coffee has leased space at 132 S. Main St. in downtown Woodruff. The coffee shop aims to create a gathering place for residents, visitors and local businesses. Brett Mitchell of Reedy River Retail at SVN Palmetto represented the lease transaction. Woodruff is seeing increased investment alongside major BMW...
upstatebusinessjournal.com
Myrtle Beach-based Burroughs and Chapin acquires District West apartments in downtown Greenville
Burroughs & Chapin, a company based in Myrtle Beach, has acquired District West, a 365-unit apartment community in downtown Greenville, for an undisclosed sum. The property at 101 Reedy View Drive was previously owned by Mesirow Institutional Real Estate Direct, an independent, employee-owned financial services firm based in Chicago. “District...
northatlantastar.com
Home Insurance Is at a Record High. Greenville Just Saw the Nation’s Biggest Increase
Greenville, South Carolina, has spent years attracting new residents with relatively affordable homes, a growing economy and easy access to the mountains. Now one of the hidden costs of owning a home there is rising faster than anywhere else in the country. Home-insurance costs in Greenville jumped nearly 16% over...
FOX Carolina
Lake house gone dry
ANDERSON, S.C. (FOX Carolina) - For Jeff Collins, buying a home on Lake Hartwell was supposed to be about retirement, family and having the lake right outside his door. Now, his dock sits over dry lakebed. Collins said he and his wife bought their Lake Hartwell home six years ago...
athomeupstate.com
Gabriel Builders founders craft a custom downtown Greenville home
The Rubios use their vast building experience to craft a customized downtown home. As the founders of Gabriel Builders, Gus and Belinda Rubio have built hundreds of luxury homes for company CEOs, professional athletes, and discerning clients from around the country. When they acquired a parcel of land near downtown Greenville, the couple seized the opportunity to create their own upscale sanctuary, full of their personal design preferences and lifestyle priorities.
scbiz.com
$44M Murray Mill Apartments will transform old mill to downtown Anderson apartments
Southeast Partners and Linden Construction will break ground later this month on the $44 million Murray Mill Apartments. The downtown Anderson project will include 156 Class A garden-style apartments across eight buildings. The historic mill warehouse will be restored with 18 loft-style apartments featuring original brick and 20-foot ceilings. The...
greenvillebusinessmag.com
FG Communities Acquires Housing Community in Easley
FG Communities, whose mission is to preserve and improve affordable housing by acquiring and operating manufactured housing communities, announced the acquisition of a manufactured housing community in Easley, South Carolina. The community totals 59 homesites, further strengthening FGC's footprint in South Carolina. Easley sits approximately 12 miles west of downtown...
The Post and Courier
A vacant Spartanburg housing complex was set to be redeveloped. Now developers show little interest.
SPARTANBURG — Despite redevelopment plans and an agreement to demolish the buildings, a vacant and dilapidated housing complex still stands in one of Spartanburg’s historically Black neighborhoods. That might not change any time soon. Earlier this year, McGuinn Homes had planned to buy and redevelop Norris Ridge, a group of aging apartment buildings in the Highland community that once offered affordable housing. The proposal was set to go before a city commission in June, but the developer pulled back just before the meeting. There wasn’t even time for city staff to remove the item from the me...
upstatebusinessjournal.com
Greenville hosting small real estate developer forum Oct. 18-20
Greenville’s continually evolving and vibrant downtown will serve as a backdrop and inspiration for the 25th Small Developer Forum Oct. 18-20 and organized by Building Small LLC, a community of practice supporting entrepreneurial small-scale real estate developers around the country. The forum will bring together 90 small developers from...
hoodline.com
Upstate Homes Sit Longer as 6.71% Mortgage Rates Squeeze Greenville Buyers
Homes across Upstate South Carolina are sitting on the market longer despite a steady pipeline of new construction and remodeling projects, as rising mortgage rates and stubborn inflation chip away at what buyers can actually afford. Real estate agents in the region say interest rates alone have reshaped the math for anyone hoping to buy right now.