NRE News


NRE  Ulta Ross Greer

NRE Property Group, LLC assisted in the anchor tenant leasing and redevelopment of Piedmont Market Place Phase 1 (85,000 sf).  The project included the sale of the former Kmart building (65,000 sf) to Kohls Department Store and the relocation /redevelopment of Tractor Supply. The project included the renovation of the Kmart buildings (Kohls) and all new site improvements.  NRE then facilitated the sale of Phase II (45,000 sf of vacant space plus one outparcel) to Atlanta based Halpern Enterprises.  NRE represented Halpern in procuring anchor tenants Ross Stores and Ulta Beauty in Phase II.  The project was completed in October 2018.

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Commercial real estate in the Upstate: Pick a number, any number

July 25, 2018

Upstate Business Journal, Melody Wright

Upstate Busines Journal.png

For our quarterly commercial real-estate issue, the Upstate Business Journal asked local real-estate experts to choose a statistic in the Upstate market that has caught their attention. Here are their responses. 

$3 million

The amount Lighthouse Greenville LLC paid for the 1.147-acre Rhett & Wardlaw site located downtown Greenville; the buyer was represented by NRE Property Group’s Nick Navarro.

“NRE Property Group, together with Avison Young, has arranged the sale of corners of Rhett Street, and Wardlaw Street, across from 400 Rhett Apartments situated between Fluor Field and the Swamp Rabbit Trail. Avison Young’s Chris Fraser represented the seller, 322 Rhett Street Partners LLC, in this transaction.” ­— Nick Navarro, advisor | NRE Property Group LLC 

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New plans announced for site of old Greenville Memorial Auditorium

New plans announced for site of old Greenville Memorial Auditorium..

There are finally plans for a lot that has sat empty in downtown Greenville for more than 20 years, following decades of rich history. The old Greenville Memorial Auditorium site has been purchased and plans for its future announced.

The site has a long and storied history...read more

Former Greenville Memorial Auditorium site sold to Clemson hotelier for $3M

Jan. 2, 2018

Anna B. Mitchell, amitchell@greenvillenews.com  | Updated 9:46 a.m. ET Jan. 3, 2018

 

A deal between the property's previous owner, Greenville Gateway Developers, and the new buyer's company, Kana Gateway, closed on Nov. 30, 2017. 

The former site of Greenvile Memorial Auditorium has been sold to hotelier Rajesh Patel for $3 million..read more


Kohl's opens Greer store Sunday

Greenville News Michael Burns

nre kohls

Inventory and the finishing touches are going in on a new Kohl's department store set to open at 9 a.m. Sunday at Piedmont Marketplace shopping center on West Wade Hampton Boulevard in Greer, where the new tenant is expected to spur further development.

A grand opening celebration will be held Sept. 26, five days after the store actually opens its doors to customers.

"We're very excited," said Kohl's district manager Phillip Daniels. "We've definitely done the right thing in building a store there, I'll tell you that. Probably one of the things I'm most proud of working for Kohl's is we take the time to listen to our customers. A lot of feedback from the customers, the community and the other stores really kind of tells us where a store is needed. We heard the customer telling us they need a Kohl's in Greer pretty loud and clear."

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Pendleton Street Baptist Church has finalized the sale of three acres on South Main Street in Greenville that will be developed into a multifamily community.

Marty Navarro, managing member of NRE Property Group, represented the church in the sale, which involves property on the corner of South Main and Rhett streets and Perry Avenue.

Terms weren’t disclosed.

The property is across from Fluor Field, home of the Greenville Drive baseball team.

Charlotte-based Woodfield Investments will develop...read more.

 


CBRE, together with NRE Property Group, arranged the sale of 400 Church St., a vacant development site in downtown Greenville. The property is situated on the corners of North Church Street, Beattie Place and North Street, across from Christ Episcopal Church and The Bon Secours Wellness Arena. Kana Gateway, LLC, acquired the 1.83-acre property for $3 million.

NRE Property Group’s Marty Navarro together with CBRE’s Stephen Navarro and Charles Gouch, represented the seller, Greenville Gateway Developers, LLC, in this off-market transaction.

“This site is one of the most visible properties in downtown Greenville and...read more.

 


About NRE:

NRE is a boutique real estate services firm headquartered in Greenville, South Carolina, offering a broad range of real estate services in the areas of development, brokerage, and advisory services.  At the core of our services are tenant or buyer representation, repositioning of troubled assets, development/ feasibility, sales, and leasing.  The firm was founded on integrity, experience, outstanding leadership and trusted performance. Our clients are high net worth investors, institutional owners and buyers, national or regional developers, small business owners, and municipalities. NRE is committed to service and results beyond the standard. To accomplish this, we provide clients with senior-level attention, comprehensive knowledge, detailed preparation and analysis, and top-level industry relationships. The success of NRE is a direct reflection of our unwavering dedication to our work and our clients. To find out more, visit nrepg.com