Jones Lang LaSalle Americas, Inc (“JLL”) is pleased to present the opportunity to acquire River Oaks Center ("River Oaks"), a new best in class suburban office building located in Charleston, SC. Completed in 2018, River Oaks is strategically located in Faber Executive Park, Charleston's most prominent office park. Faber Executive Park is located in Charleston's largest submarket, Lower North Charleston. River Oaks was built on the last available development parcel in Faber Executive Park, which will protect the asset against future supply in the submarket and provide the benefit of perpetually being the newest asset in its competitive set. Currently 89% occupied, the Property is leased to a diverse rent roll with the two anchors, Nolan Transportation Group and Pulte Homes, being tied to two of Charleston’s main economic drivers – the Port of Charleston (logistics) and residential growth and development.
Located just off I-526, River Oaks benefits from exceptional access to the immediate amenities in the area, the Charleston International Airport, and the greater Charleston MSA. Notable neighborhoods in close proximity include West Ashley, Park Circle, Daniel Island, James Island and Folly Beach, while Downtown Charleston and Mt Pleasant are also easily accessible via I-526 & I-26.
Charleston is now the largest city in South Carolina, surpassing the state's capital of Columbia. As the City continues to grow, River Oaks is uniquely positioned for long-term value appreciation as the best building in Charleston’s largest submarket.
- Best In-Class New Construction
- Limited Future Supply - Last building to be built in Faber Executive Park
- Strength of Tenancy
- Excellent Location & Accessibility
- Proximity to Amenities
- Located in Rapidly-Expanding Charleston MSA