Oct
25

Charleston’s Faber Centre Sold

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Holder Properties announces the sale of Faber Centre, a four-story, 97,000 SF class A office building in North Charleston to LAF Brothers Properties, LLC.

Faber Centre was developed by Holder Properties in a joint venture partnership with Durlach Associates. The property is located in The Executive Park at Faber Place, off of I-526. The office building is ENERGY STAR certified and features first class interior improvements. Currently, Faber Centre is 94 percent leased to multiple, regional and national tenants. Tenants include: Suntrust, Pulte Homes, Charleston County Economic Development, Cigna, Metlife, Jacobs Engineering, Walgreens, Deltacom, Tek Systems, Progressive, Finkel Law, And Regus.

Colliers International represented the seller and buyer in the transaction. Durlach Associates will continue to manage and lease Faber Centre on behalf of LAF Brothers Properties, LLC.

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