The Landing at Western Carolina, Broadstreet Partners' latest student housing development, broke ground in early February in Cullowhee, NC. The site is located less than a quarter of a mile from the lovely Western Carolina University campus. The new 3, 4, and 5 bedroom luxury cottages are set to deliver in August 2018. Leasing is well under way.
Broadstreet Partners is excited to announce the start of construction for Preston Row, a brand new student housing development in Blacksburg, VA. It is located less than a quarter of a mile from Virginia Tech's north end of campus. The 2 and 4 bedroom luxury cottage community is well under way and set to deliver in August 2018.
The Broadstreet Partners' team of John Parker and Ryan Koop recently facilitated the Investment Sale of 7095 Tradewater Parkway in Atlanta, GA. The facility is fully occupied by Pratt Industries under a long-term lease. Containing 88,000 SF, the property is centrally located to the Atlanta, GA market and the Fulton Industrial sub-market. The sales price was $4,050,000.
The Broadstreet Partners' team of John Parker and Ryan Koop represented the owner in the disposition of a 20,400 SF Industrial warehouse at 1075 S. Batesville Road in Greer, South Carolina. Due to its excellent location and flexible layout, the property experienced 100% occupancy by several tenants since the owner purchased the property in 1989. Notable tenants over the years included Coca-Cola and BI-LO. When BI-LO elected to consolidate their operations elsewhere in the summer of 2017, the owner chose Broadstreet to market the property for sale or for lease. Interest in the property was brisk by tenants, investors, and users alike. Broadstreet provided the owner with a detailed cost-benefit analysis of each option. Ultimately, an expanding user-buyer was chosen as a result.