Pendleton Street Baptist Church sale finalized
Upstate Business Journal
July 13, 2016
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 the site.
The church voted to move forward with the sale in June 2015.
Minutes of the Oct. 1 meeting of the Design Review Board – Urban Design Panel show Woodfield proposes “The West End Apartment Homes” on a portion of a lot that houses the church and its support buildings.
The project will include about 270 units and 500 parking spaces, the minutes show.
Pendleton Street Baptist is retaining a small corner at Markley and Rhett streets to build a new church.
In May 2015, the church property was granted a zoning change, from C-3, regional commercial district, to C-4, central business district, which allows a denser, urban-type development.
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