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|Call for Offers||2021-12-02|
Jones Lang LaSalle Americas, Inc. (“JLL)” has been retained as the exclusive sales representative for Piedmont Center (the “Property” or “Portfolio”), a 143,865 square foot suburban office portfolio located in the thriving Greenville market. Ideally positioned for the post-pandemic environment, the Portfolio is currently 70.2% occupied and offers a unique opportunity to acquire quality office product that provides an attractive discount for tenants compared to its competitive set. Piedmont Center is located within the Pelham Road submarket, sitting just minutes away from Greenville’s award-winning CBD and Downtown district and offering immediate access to an abundance of nearby dining, retail, and entertainment options for tenants and visitors alike.
Piedmont Center offers prospective investors immediate upside potential through the lease up of available space, coupled with strong credit tenancy from tenants including South Carolina Department of Revenue and South Carolina Department of Public Safety. Furthermore, the properties benefit from more than $1.8 Million in recent capital enhancements, leaving minimal capital needs for a future owner. Piedmont Center offers an attractive opportunity for significant value creation within the growing Greenville-Spartanburg region.
Online Auction Dates: December 13th - December 15th, 2021
No. 1 Unrivaled Accessibility
No. 2 Premier, Amenity-Rich Location
No. 3 Competitive Rental Rates
No. 4 Additional Upside Through Rollover
No. 5 Excellent Repositioning Opportunity
No. 6 Significant Recent Capital Enhancements