RealOp Investments to Acquire Greenville Office Parks


park eastRealOp Investments and Terra Capital Partners have formed a strategic partnership to acquire and manage the Park East and Park Central office complexes in Greenville, SC. The 570,000 square foot portfolio includes two office parks and twelve buildings situated along the I-385 corridor, three miles from downtown Greenville, South Carolina (Park Central) and less than a mile from I-85 (Park East).

RealOp, along with leasing and management partner NAI Earle Furman, will update, rebrand and relaunch the office complexes to increase market awareness and drive portfolio profitability.

“We are excited to be involved with these properties and believe there is a tremendous opportunity,” explained Chip Hunt, Director of Investment Management at RealOp. “A number of physical and brand improvements are already in progress. We look forward to sharing these initiatives with existing tenants and the market in the coming year.”

Park East is home to nine multi-tenant office buildings – three 3-story buildings and six 2-story buildings, developed between 1974 and 1998. Park Central contains a total of three multi-tenant office buildings – two 3-story and one 2-story, developed between 1982 and 1986.

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