Colliers brokers Mark Erickson, SIOR and Jarred Watts represented M2 Pepperdam, LLC in the sale of ±2.7 acres of land featuring a ±14,500-square-foot warehouse at 7275 Pepperdam Avenue in North Charleston to Piedmont Pepperdam Investments LLC. The property is conveniently located off Ashley Phosphate Road with easy access from I-26 and Dorchester Road.
Erickson, Vice President with Colliers South Carolina noted that “Our client initially purchased the property to expand their footprint in the area due to high demand for properties ranging from 10,000 to 35,000 square feet and very little inventory available on the market” He added that “After initial purchase was made by our client they divided it into two parcels allowing them keep what they needed for their investment while selling remaining warehouse space along with land.”
This transaction demonstrates how Colliers provides expert advice on real estate investments even when there are limited options available on market.
