Oct
22

Columbia Student Housing Site Purchased

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Columbia developer Ben Arnold has completed the purchase of the properties needed to construct a proposed 600-bed student housing project at Blossom and Huger streets.

On Friday, CBRE-Columbia announced the sale of the former CMC Construction Services warehouse at 500 Huger St. Keith Moore represented the purchaser, Arnold Realty Co., in the transaction. “CBRE-Columbia was crucial in identifying the availability of this adjoining property and assisting in the negotiation and purchase of the site,” said Ben Arnold, principal of Arnold Realty Co.

This property was the final piece of the puzzle for the new student housing project near the University of South Carolina. This parcel adds 1.6 acres to the development, bringing the total development site to 4 acres.

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