Learn More About Huff Creek Properties

NAI Earle Furman, LLC
3rd Quarter 2011 Newsletter
introducing huff creek properties
NAI Earle Furman, LLC introduces Huff Creek Properties, a new timber
and recreational land division. As a division of NAI Earle Furman, Huff
Creek Properties offers professional brokerage services including the full
representation of buyers and sellers in land transactions and management
services including lease management, wildlife management, and
maintenance/upkeep.
Existing as a division of NAIEF, Huff Creek Properties has full access to the
New America International (NAI) global network. This network consists of
5,000 real estate professionals and 350 offices in 55 countries throughout
the world and has annual transactions of over $45 billion. As the world's
only managed network of real estate firms, NAI works to help clients
strategically optimize their assets throughout the world. Our membership
in this network allows us to provide clients with unmatched exposure on a
piece of property.
Learn More About Huff Creek Properties
www.huffcreekproperties.com
huffcreekproperties.com/blog
Rusty Hamrick
email: rhamrick@naiearlefurman.com
phone: 864-678-5999
Drew Stamm
email: drews@naiearlefurman.com
phone: 864-678-5996
Committed to the Upstate. Connected to the World.
Industrial Division News
nai earle furman brokers
major industrial lease
Ford Borders, SIOR, Grice Hunt & John Staunton recently
leased a total of 346,000 SF of manufacturing and
warehouse space in two transactions at 575 Mauldin Rd,
Greenville SC, one of which includes the recent 292,000
SF relocation and expansion of Confluence Watersports.
Click here to read the GADC announcement
575 Mauldin Road
Industrial facility for sale
1750 Martin rd. - spartanburg, sc
Property Details
• Former Somet Building located just off I-85 Business
Frontage Road
• ±43,000 SF Industrial Facility on 8.96 Acres
• Masonry Construction
• Heated and Cooled Warehouse
• Ceiling Height: Showroom - 18.5’, Warehouse – 21’-22’
Contact Information: Jon A. Good, SIOR & John Baldwin
High & 19’ Low
tel: 864 232 9040
• 2 Ton Gib Crane
email: jgood@naiearlefurman.com & jbaldwin@naiearlefurman.com
Click Here
• (2) 8x10 Dock High Doors
for More Information
• All Utilities on Site
• Sale Price: $1,995,000
recent transactions
Greenville, South Carolina: Earle Furman, Jr. SIOR, Alexi Papapieris & John Staunton of NAI Earle Furman represented CapCar
Realty 1.1, LLC in selling a 123,334 SF industrial building located at 2200 Poinsett Highway.
Greenville, South Carolina: Glenn Batson of NAI Earle Furman represented the owner of 609 South Washington Avenue in selling
a 16,000 SF industrial building. Batson also represented the landlord of Saluda Park on Highway 153 in leasing two 4,680 SF
industrial spaces. Arc Labs, LLC and Top Level Management Services will occupy the spaces.
Greenville, South Carolina: John Baldwin of NAI Earle Furman represented the landlord of 101 Milledge Road in renewing Perrigo’s
98,200 SF lease. The property is located at the SC Technology and Aviation Center (SC-TAC).
Mauldin, South Carolina: Grice Hunt, Ford Borders, SIOR and John Staunton of NAI Earle Furman, LLC represented the landlord
in leasing a 95,000 SF of warehouse space in the Trinity Commerce Center located at 1312 Old Stage Rd in Simpsonville. The
team also represented Fehrer Automotive in leasing a 93,971 SF industrial space at 1825 E. Main Street in Duncan.
Committed to the Upstate. Connected to the World.
Office Division
Group News
News
nai earle furman brokers sale of
downtown office building
The Bergamo Building, a 32,000 SF mixed use building located
at 103 N. Main Street in Downtown Greenville sold on July 26 to
PTRE Holdings, LLC. The buyer plans significant renovations and
Proaxis Physical Therapy will occupy the 3rd floor as a corporate
headquarters. Scott Jones, SIOR and Keith Jones of NAI Earle
Furman represented the seller.
OFFICE BUILDING FOR SALE 224 fEASTER RD, greenville
Click here
for more
information
recent transactions
Greenville, South Carolina: John Gray, Jr., CCIM of NAI Earle
Furman represented Plantation Financial Corp. in leasing
a 15,020 SF office space located at 935 S. Main Street in
Greenville.
Property Details:
• ±4,500 SF Building Divided into Three Separate Office
Condos
• Suite A - ±1,500 SF
• Suite B - ±1,500 SF
• Suite C - ±1,500 SF LEASED
• Plenty of Parking on Site
• Suites A and B can be Combined or Leased Separately.
• Zoned OD
• Floor Plan on Back
• Sale Price: $520,000
• Lease Rate: $11.00/SF NNN
Contact Information: Scott Jones, SIOR & Keith Jones
tel: 864 232 9040 or email: sjones@naiearlefurman.com
nai earle furman brokers
90,000 SF Renewal
Greenville, South Carolina: Stuart Wyeth of NAI Earle Furman
represented OZRE Greenville in leasing a 7,216 SF office space
in Park Central office park located on North Pleasantburg Drive.
The space was leased to Website Pipeline.
Greenville, South Carolina: Tyson Smoak and David Feild, CCIM
of NAI Earle Furman represented The Terranova Group in leasing
a 4,040 SF office space located at 631 South Main Street in
downtown Greenville.
Committed to the Upstate. Connected to the World.
Peter Couchell, CCIM
and Stuart Wyeth recently
represented the landlord
of 2000 Wade Hampton
Boulevard in the renewal
of IBM’s 90,000 SF office
lease.
Retail Division News
Palmetto Place
605 & 607 South Main Street
Belton, SC 29627
Click here
for more
information
Breakwater Restaurant
Coming to Greenville
Harry Croxton of NAI Earle Furman recently leased
a 4,350 restaurant space located at 802 S. Main
Street in Greenville’s West End. The former Rio
Grille will soon be home to Breakwater Restaurant
and Bar, an award-winning restaurant established
in Beaufort, South Carolina.
Their ‘New Southern Cuisine’ offers a younger,
lighter, and fresher take than traditional Southern
deep-fried fare while acknowledging culinary
influences from the world beyond. A signature of
the restaurant is a fun and friendly atmosphere
offering warm Southern hospitality.
“Responding to frequent requests from Greenville
visitors to the Beaufort/Hilton Head area,
Breakwater’s chef & owners Gary Lang and Beth
Shaw will bring their unique and inspirational
dishes to downtown Greenville this fall. Voted Best
Fine Dining in Beaufort” by the Beaufort Gazette
readers and a “Diner’s Choice” award winner from
OpenTable.com, Breakwater promises to add
another feather to Greenville’s burgeoning fine
dining cap,” Harry Croxton commented.
• ±52,511 SF Shopping Center located in the Center of Town
• Current Tenants Include: Family Dollar, The Money Store, El Titanic
• All Brick Construction (1996)
• ±11.7 Acres, 271 Parking Spaces
• City of Belton, Population 4,400
• County of Anderson, Population 184,000
• Great Retail or Owner/User Opportunity
• Strong Upside Potential
• Priced to Sell at $26.64/SF
Contact Information: Ted Lyerly, CCIM & Jimmy Wright
tel: 864 232 9040 or email: tlyerly@naiearlefurman.com
reCENT TRANSACTIONS
Anderson, South Carolina: Tim Roller of NAI Earle Furman represented
the landlord of Anderson Station in renewing Bed Bath and Beyond’s
22,398 SF retail space. Roller also represented the landlord in the renewal
of Ross’s 30,187 SF retail space. Anderson Station offers approximately
200,000 SF of retail space and is among the major shopping centers in
Anderson. Other tenants include Old Navy, Pier 1 Imports and Hobby
Lobby.
Greenville, South Carolina: Bill Sims and Jake Van Gieson of NAI Earle
Furman represented the landlord of Wade Hampton Square in leasing a
9,686 SF retail space to Dollar General. The retail center is located at 1014
Wade Hampton Blvd. in Greenville.
Greenville, South Carolina: Harry Croxton of NAI Earle Furman represented
the owner of 640 South Main Street in selling a 2,936 SF retail space. The
purchaser, Illuminati, was represented by Keith Jones and Scott Jones,
SIOR, also of NAI Earle Furman. The space is located in the West End area
of downtown Greenville.
Committed to the Upstate. Connected to the World.
Investment Division News
SOLD! Dorman Crossroads
Spartanburg, South Carolina: Peter Couchell, CCIM and Jimmy
Wright of NAI Earle Furman represented the owner of Dorman
Crossroads in selling the 9,833 SF retail property located at 1501
W.O. Ezell Blvd in Spartanburg. The property was purchased by an
investor for $2,370,000.
1490 WO Ezell blvd - spartanburg, SC
100% Occupied by 3 Tenants/8.51% Cap Rate
Contact Information:
Jimmy Wright & Peter Couchell, CCIM
tel: 864 232 9040
email: jwright@naiearlefurman.com
couchell@naiearlefurman.com
Property Details
• ±7,200 SF Retail Strip Center
Click Here
for More
• 100% Leased by National Tenants
Information
• (1) 5-Yr & (2) 10-Yr Leases Corporately Guaranteed
• Estimated Commencement Date: December 2011
• Regional Shopping Area
• Neighboring Uses Include: Wal-Mart, Home Depot, Lowes, Best Buy,
WestGate Mall, Sam’s & Target
• Excellent Visibility & Easy Access via WO Ezell Boulevard
• Sales Price: $2,580,000
• Cap Rate: 8.51%
• Contact Agent for Marketing Package
SOLD! Market place shopping
center
Simpsonville, South Carolina: John Gray, CCIM of NAI Earle
Furman represented the owner of Market Place Shopping
Center in selling the 34,00 SF retail property located at NE
Main Street in Simpsonville. The investor, represented by
Jake Van Gieson and Bill Sims also of NAI Earle Furman,
purchased the center.
Committed to the Upstate. Connected to the World.
Company News
Jon a. good named chief executive officer
NAI Earle Furman is pleased to announce that Jon A. Good has been named Chief Executive Officer
effective January of 2012. Company founder Earle Furman remains as Chairman, Broker-in-Charge
and Executive Committee Member. A Greenville native, Good is a graduate of Furman University
and has been with the firm since January of 2000, including serving two previous terms on the firm’s
Executive Committee. He has served as Director of the Greater Greenville Association of Realtors
and was named Commercial Realtor of the Year in 2003. “We are thrilled to elevate Jon to the CEO
position,” said Earle Furman. “His experience as a top-producing broker, as well as being a key
player in management of the firm will enable him to help our company achieve its vision.”
Keith jones named to leadership greenville
NAI Earle Furman is pleased to announce that Keith Jones has been named to the Greenville
Chamber’s Leadership Greenville Program.
Leadership Greenville is a program designed and facilitated by the Greenville Chamber to help
develop informed, committed and qualified leaders for Greenville County.
Leadership Greenville requires a 10-month commitment. Participants are selected through an
application process based upon their past involvement in the community and their ability to set and
achieve high personal goals.
In 2005 Keith joined NAI Earle Furman, LLC as a broker in the Office Division. Keith is currently in the process of
completing his CCIM designation, Certified Commercial Investment Member. He assists landlords and tenants in the sale
and lease of office properties primarily in the Greenville Suburban market. He has participated in over 150 transactions
totaling over $25 million in value since 2008. He also received the COSTAR Power Broker Award in 2006, 2007, 2009, &
2010.
Lindsey corbett JOINS property management division
Lindsey Corbett has recently joined NAI Earle Furman as a lease administrator in the Property
Management Division. She brings ten years experience to the NAI Earle Furman team.
She was born & raised in Martinsville, VA where she attended Patrick Henry Community College
and received an Associate’s degree in Accounting.
Committed to the Upstate. Connected to the World.
AboutAbout
Us Us
Founded by J. Earle Furman in 1986, NAI Earle Furman, LLC has become a leading full service commercial real estate
brokerage firm in the Upstate of South Carolina specializing in the office, industrial, investment and retail sectors. NAI Earle
Furman, LLC offers a wide range of services through brokerage and property management groups. A partnership with
NAI Global allows NAI Earle Furman, LLC to access a network of worldwide real estate connections and offer international
commercial real estate services to Upstate clients, while retaining local personality and knowledge. The firm has 50 team
members and in the past three years the firm has completed an average of 340 transactions per year. The property
management team has grown exponentially in recent years and manages over 5 million square feet of commercial space
in North and South Carolina.
Brokerage Services
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Tenant Representation
Landlord Representation
Market Analysis
Site Selection
Lease Versus Own Analysis
Due Diligence Consulting
Lease Review and Renewal Services
Tax Deferred Exchanges
Development
Land Acquisition and Disposition
Find
Property Management services
• Formal property inspections each month with a copy of the inspection
report included in the monthly report
• Face-to-face monthly meetings with each tenant to identify and address
tenant needs
• Fast and effective response to tenant needs, repairs and maintenance
requests
• Continual evaluation of vendor contracts and services to insure the best
results and fair pricing
• Thorough review of all operational invoices prior to payment
• Annual budget submission with periodic reports which provide monthly
and year-to-date tracking of operational expenses
• After-hour emergency response to urgent problems
• In-house maintenance services with a team of technicians that is second
to none as it relates to customer service, skilled maintenance care, fair
pricing and trust
Stay Connected
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101 East Washington Street Suite 400
Greenville, South Carolina 29601
tel 864 232 9040
fax 864 235 4300
www.naiearlefurman.com
Committed to the Upstate. Connected to the World.