Empty(ing) ATT Building Downtown Sells at $193/SF

CHS-based Jupiter Holdings has acquired 385 Meeting Street, an 81k SF 3-story office building adjacent to a large city parking deck.  AT&T had previously occupied the building and later leased out a portion to The Charleston College of Law.  The $15.6M ($193/SF) price tag includes a $3.6M payment to the city for the underlying dirt (AT&T had previously ground leased the site for $1/year).  John McDermott of The Post and Courier has the story.

About charlestonCREblog

30 years' in the commercial real estate biz - investment sales, consulting, banker, appraiser, brokerage. Trained in Atlanta and moved to the Lowcountry in 2008 and now sharing offices in Charleston and Jacksonville, FL. Exclusive listings, buyer representation, and consulting/analysis to help clients make the best commercial real estate decisions.

Posted on January 5, 2015, in CHS Office, Downtown CHS, The Post and Courier, Transactions, Uncategorized and tagged , , , , . Bookmark the permalink. Leave a comment.

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