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Carolina Shopping Center Strategists
Welcome to the forefront of retail excellence with NAI Columbia's Carolina Shopping Center Strategists
The team comprises industry leaders Patrick Palmer, CCIM, and Bobby Balboni, CCIM, who unite their expertise to unlock the full potential of your retail investments. With a proven track record of navigating the dynamic landscape of commercial real estate, this duo brings unparalleled insight and strategic vision to optimize your shopping center ventures. Explore our page to discover your next retail investment and how this powerhouse team redefines success in the shopping center landscape.
CSCS Statistics Since 2021
- Completed 100 lease transactions since the start of 2021 totaling 389,599 square feet of retail space.
- CSCS currently has the largest market share of retail properties in South Carolina, totaling 34 centers and over 2.3 million square feet.
- Leased over 400,000 square feet of retail space with a net transaction value exceeding $21 million dollars
- Brokered 22 new restaurant leases
- Assisted clients in repositioning their assets by securing new anchor retail tenants
- Closed over $57 million in sales transactions
Development
NAI Columbia’s Patrick Palmer, CCIM, and Bobby Balboni, CCIM represented the seller in the $3.22 million sale of an 8.2-acre site for the redevelopment of the former Hampton Jaguar dealership for the first Floor & Decor.
Lease-Up
Raised a client’s +/- 800,000 square foot retail portfolio to a 94% collective occupancy in 2021, up from 76% occupancy.
Comp Reports
Disposition
NAI Columbia’s Patrick Palmer, CCIM, and Bobby Balboni represented the seller, the KIMIJO Properties, LLC, in the $4.25 million sale of a 99,808 square foot retail shopping center located at 4045-4123 W. Beltline Boulevard in Columbia, South Carolina.
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Site Assemblage
Assembled six lots from four landowners for the development of Publix at Lake Crossing, a 55,813 SF grocery-anchored shopping center.
Portfolio Sales
We were tasked by our client Hurricane Car Wash to find them 7-10 locations across the midlands. Thinking outside the box, we contacted an individual that we had a long relationship with and he agreed to sell us his 7 locations at one time. This allowed our client to immediately capture market share and prevent further competition within eight months of receiving the assignment.
FEATURED LISTINGS
- For Sale3700 Fernandina Road
Irmo, SC 29222$3,300,000 - For Sale813 Harden St
Columbia, SC 29205$2,300,000 - For Lease3310 Forest Drive
Columbia, SC 29204$15.00 USD/SF/YR - For LeaseVillage at Sandhill: 481 Town Center Pl
Columbia, SC 29229$17.00 - $20.00 USD/SF/YR - For LeaseMills Corner: 4360 Augusta Rd
Lexington, SC 29073$12.00 USD/SF/YR - For LeaseHardscrabble Rd and Lee Rd
Columbia, SC 29229Contact Brokers for Pricing