West Ashley Office Building Acquired by MUSC (at $242/SF) ; to Re-Locate 300 employees to Parkshore
The Medical University of South Carolina will consolidate some 300 back-office employees into Parkshore Centre, a recently-purchased 30-year old office building in West Ashley. MUSC paid local developer Durlach Associates some $28.4M ($242/SF) for the renovated and LEED certified 117k SF 3-story multi-tenant building where they already occupy about one-half of the building. Similarly, Roper St. Francis Healthcare is building a $28M, 130k SF building in Palmetto Commerce Park where it plans to consolidate some 600 non-clinical workers in early 2016. John McDermott of The Post and Courier has the story here.
Posted on August 8, 2015, in CHS Office, Commercial Real Estate, Development, The Post and Courier, Transactions and tagged durlach, John McDermott, MUSC, North Charleston, parkshore, Roper, West Ashley. Bookmark the permalink. Leave a comment.