Description

Jones Lang Lasalle (“JLL”), has been retained as the exclusive sales representative for 1301 Gervais Street, a premier, Class A multi-tenant office tower located in Columbia, South Carolina. 1301 Gervais St is a 20-story CBD office building developed in 1973 and renovated in 2015. The Property offers 298,926 square feet of rentable space and is ideally located at the intersection of Gervais Street and Sumter Street. Currently 83% occupied, 1301 Gervais sits in the core of Columbia’s Central Business District and is surrounded by several of the city’s most visible points of interest including the University of South Carolina, the State Capital, Colonial Life Arena, and Koger Center for the Arts.

1301 Gervais St offers the value-add investor a truly rare opportunity to acquire significant critical mass in thriving Columbia, South Carolina. Current market conditions further complement the incredible opportunity that exists for a potential investor to lease up approximately 17% of the building at substantially higher rents than previously achieved, as the Southeast continues to garner significant attention and be a target of numerous corporate relocations.

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