Apr
14

Columbia Area Commercial Properties Go on Auction Block

By
– The State

Medical and office buildings in three prominent Columbia-area locations will be auctioned off at steep discounts next month, the results of a still-struggling economy and saturated commercial real estate market. Some of the buildings have not been occupied since they were built four years ago.
The properties to be auctioned include 10 buildings at the intersection of Clemson Road and I-20, and two Harbison-area tracts – a partially leased office complex off St. Andrews Road and some unimproved lots on Surrey Court.
“It is my understanding the developer built them, they’ve been sitting awhile and he wanted to turn them into cash,” said John Pellow, marketing vice president of National Commercial Auctioneers in Oklahoma, which will handle the auction.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE

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