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Front Street Properties Fund II Acquires Greenville, SC Assets

Posted on July 18th, 2019

Winston-Salem, NC – Front Street Capital announced the second transaction for Front Street Properties Fund II, LP with the recent acquisition of the Brookfield Corporate Center portfolio in Greenville, SC.

The portfolio, which includes 651 Brookfield Parkway and 201 Brookfield Parkway, is comprised of nearly 240,000 square feet across two office assets. The portfolio is anchored by four credit tenants, MetLife, Ahold Delhaize, NVR and General Electric.

 “We are thrilled to complete the purchase of Brookfield Corporate Center. Our company is very familiar with the Greenville, SC market and when we were made aware that this portfolio was for sale, we immediately positioned Fund II to be the acquirer. We feel like this transaction is an excellent opportunity for our Fund partners, as Greenville is one of the strongest submarkets in the state of South Carolina. This acquisition further enhances our position in the Greenville, SC market, as we now own four office assets totaling over 325,000 square feet.” said Coleman Team, Principal of Front Street Properties Fund II, LP.

Front Street Capital is a real estate private equity group focused on Class-A commercial real estate investment opportunities. Front Street Capital’s second fund is currently raising and deploying capital across several target markets.

Front Street Capital did not use a buyers representative while the sellers were represented by CBRE.

If you would like more information about this topic or need to schedule an interview with Coleman Team or Robin Team please call 336-243-2600.