Posts by HB Springs
SOLD – 801 Seaboard Street
SOLD. H.B. Springs Co. Real Estate congratulates Tehila, LLC on its acquisition of 801 Seaboard St., Myrtle Beach, SC. This 11,360 sf office and warehouse investment property consists of 5 tenant spaces composed of 7,700 sf warehouse, 3,660 sf well-appointed office space and outdoor storage area. Net Operating Income of this investment was $ 60,746…
Read MoreNEW CONSTRUCTION – Airport Plaza
Construction will soon begin on a new office and warehouse complex consisting of 42,330 sf. On behalf of the property owner, T. Van Davenport guided the conceptual and design phases, incorporating those components necessary to meet the demands of the marketplace as well as the needs of individual users to whom the project will be…
Read MorePRESS RELEASE
Working on behalf of a buyer- client, T. Van Davenport successfully identified a newly constructed Family Dollar investment property located in Piedmont, SC. This absolute net lease investment provided the client with a long term, corporate guarantee lease for a nationally traded credit tenant. While finalizing the last stage of a 10-31 tax deferred exchange,…
Read MoreCommercial Openings
The Door Specialists, a Raleigh, NC firm specializing in commercial door products announces their relocation to Enterprise Plaza. Located in the Seaboard Industrial Park, this new tenant space is composed of 4,025 sf and features a showroom, private offices, high ceilings for stacking capability, spacious overhead doors and loading dock capability. Commercial Doors joins Ferguson…
Read MoreNew Development – Carolina Forest
Coming soon, we will be delivering a brand-new retail complex located at 4100 River Oaks Drive. Situated in the highly sought-after Carolina Forest area, this building will feature a total area of 7,500 square feet. Space sizes start at 1,500 sf, drive-thru tenant space is available. Carolina Forest is in the heart of the Strand’s…
Read MoreHow To Negotiate the Perfect Offer
How to Negotiate that Perfect Offer Buying commercial real estate is not just a one-step easy process. It can take time, resources, and you may run into a few speed bumps along the way. But at the end of the day there is one thing that stays constant and that is: money. A closing will…
Read MoreLEASED: 1394 Dividend Loop
Décor Corporation executed a lease for 10,500 sf of office and warehouse space located at 1394 Dividend Loop, North Industrial Park, Myrtle Beach, SC. With two offices in the Charleston, SC, this location represents the relocation of the company’s third location presently situated in the Little River area. Décor specializes in the design of…
Read MoreSOLD-Dollar General
H.B. Springs Co. Commercial Real Estate is the broker of record in the recent sale of the Dollar General situated at 5028 Dick Pond Rd., Myrtle Beach, SC. This investment property, located in the heart of the Socastee community, features a 9,100 sf retail building with a long-term lease in place. Dollar General bears…
Read MoreHow To Manage Your Commercial Property
How to Manage Your Commercial Property Managing a commercial property can come with many challenges, but if done correctly it can also reap many financial rewards. New property owners to experienced ones can benefit from these 7 tips on successful property management: Regular Maintenance Matters Good building and property maintenance make one of the biggest…
Read MoreCrow Creek – SOLD
On behalf of Crow Creek Land Development, H.B. Springs Co. Real Estate brokered the sale of 40 fully developed single family lots. Situated in the Crow Creek Golf Course Community and located in the Calabash area of Brunswick County, each home-site feature either fairway or lake front views. A complete amenity package together with clubhouse facility…
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