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215 Benefitfocus Way in Charleston, SC

CBRE Arranges $62M Sale, Financing of Class A Office Building in Charleston

CBRE has arranged the $61.5-million sale of 215 Benefitfocus Way, a 145,800-square-foot, Class A corporate headquarters office building in the Daniel Island submarket of Charleston, SC. The property was purchased by Zeller from an undisclosed seller.

CBRE’s Patrick Gildea, Matt Smith, Grayson Hawkins, Charles Carmody, Chip Shealy and Cathy Delcoco represented the seller in the transaction. CBRE’s Southeast institutional debt and structured finance Team lead by Harris Ralston and C.J. Kelly represented the buyer in the debt financing.

“Charleston’s impressive demographics, specifically job growth and population growth, continue to attract new capital sources from outside of the market,” said CBRE’s Gildea. “Class A properties with nearby amenities continue to be the top targets for capital.”

Built in 2015, The 2015-constructed, four-story single-tenant building is leased long term by Benefitfocus, a benefits administration company that will continue to occupy the building as part of its hybrid work plan.

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CBRE's Gildea

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition