Property marketing campaign netted multiple offers within first 30 days.
Columbia, SC – Colliers International’s Victor (Buddy) John represented the seller in the $2.6 million sale of Friarsgate Plaza. The approximately 67,810-square-foot neighborhood shopping center, located at 7949 Broad River Road in Irmo, SC, sold after an extensive property marketing campaign netted multiple offers within the first 30 days of being on the market, including two full-price offers.
Friarsgate Plaza is well located, about ten miles northwest of Columbia's Central Business District and one mile south of I-26, in proximity to Columbiana Center and the Harbison retail hub. Built in 1981 and renovated in 1998, the center was previously anchored by a Bi-Lo grocery store which closed last year.
“With the growing Irmo population and proximity to the Harbison retail hub, Friarsgate Plaza was well-positioned for redevelopment with significant upside potential,” said Buddy John. “We were really pleased with the fruits of our marketing efforts, which brought in multiple quality offers for the property. This demonstrates the value of the Colliers platform in connecting properties and prospective buyers for a sale where everyone wins.”
John is a Senior Brokerage Associate with Colliers International | South Carolina, specializing in investment sales.