May
03

CoStar: Columbia Paces Brook Apartments Sold

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LMS Real Estate Investment Management and Avison Young Commercial Real Estate acquired the Paces Brook Apartments at 113 Paces Brook Ave. in Columbia, SC from Harbor Group Management for $16.5 million, or about $63,000 per unit.

The three-story, 215,796-square-foot multifamily building was built in 1990 in the Columbia-Dutch Fork/Irmo submarket, near Columbiana Mall. The 260 units are comprised of 130 one-bedroom, 82 two-bedroom, and 48 three-bedroom apartments.

Porter Jones and David Gutting of Jones Lang LaSalle represented Harbor Group Management. Patrick Harwell with LMS represented the buyer group in-house.

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    Categories : Columbia

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