Charlotte Office

Cushman & Wakefield is pleased to present the exclusive listing of 1801 Assembly, a fully entitled 113-unit mixed-use tax credit eligible adaptive reuse opportunity in the heart of downtown Columbia, South Carolina. The former federal building, located on the highest point in Columbia and embedded within the highly amenitized redevelopment district of downtown, offers residents walkability to hundreds of restaurants, retail, and entertainment options, including across the street Finlay Park, currently undergoing a $24.1M rehabilitation. The surrounding area also boasts seamless connectivity to the state capital’s largest employers, providing 145k+ jobs within a 15-minute drive.

Unused for over 5 years, the building qualifies for Abandoned Building Tax Credits, along with its age and significance qualifying for the Historic Building Tax Credits and Bailey Bill Tax Abatements. Current ownership has laid significant groundwork for the project, including detailed site plans and renderings and complete asbestos remediation, offering the next buyer an accelerated development timeline relative to comparable adaptive reuse opportunities. 1801 Assembly represents a unique adaptive reuse development opportunity in one of the most desirable locations in Columbia. The project is fully entitled and abated, allowing a buyer to close in Q3 of 2024 and deliver units roughly a year later in Q3-Q4 of 2025. Additionally, the tax credits allow for an investor to syndicate capital prior to construction, creating approximately ~$11.5MM in sources after land close.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Bellevue Mill Apartment Homes, a 112-unit apartment community located in Hillsborough, NC. This asset is situated nearby the Triangle’s largest economic drivers, including UNC, Duke, and Research Triangle Park. The property is a renovated textile mill, with $18.5M spent in 2019 to deliver a high-end, modern asset with unique floorplans and ample community amenities. Highlighted by brand new finishes and high vaulted ceilings, Bellevue Mill is the premier asset in Hillsborough.

Bellevue Mill’s proximity to I-40 provides streamlined access to retail and economic drivers in the Triangle and Triad, pairing well with convenient dining and entertainment within walking distance for residents, including Eno River Brewing. Bellevue Mill has experienced continued growth and strong occupancy, evidenced by the 13.6% revenue growth in 2024 through August.

The Cushman & Wakefield Land Advisory Group is pleased to present Elevation, Gwinnett County’s last remaining master planned opportunity. The site is fully entitled for 1,008 single-family lots across three distinct tracts, with Land Disturbance Permits (LDPs) currently being prepared.

Key Features Include:

• Unmatched opportunity to control 5+ years of pipeline in Atlanta’s most sought-after suburb.
• Gwinnett County has been a top-2 county for growth in Metro Atlanta since the 1980’s, resulting in a critical shortage of homes and residential land.
• The site has been value-engineered to maximize development efficiencies and minimize off-site costs.
• Seller’s efforts to obtain LDPs are advanced. Approved permits for the project’s first 368 lots are expected in Q1 2025 with the balance expected in Q2 2025.
• Convenient access to employment hubs, one of Georgia’s best performing school districts, and the region’s best retail area, all while only a 45-minute drive to Midtown.

Elevation is the premier master planned homebuilding opportunity of its scale in one of Metro Atlanta’s top growth counties.