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Highland Ventures has acquired the 174 Meeting office building located in historic Downtown Charleston, SC, for $16.8 million from Cobalt Property Group.

Highland Ventures Acquires $17M Office Building in Downtown Charleston

Highland Ventures has acquired 174 Meeting, a 47,113-square-foot Class A office building located in historic Downtown Charleston, SC, for $16.8 million.

Matt Smith, Patrick Gildea, Grayson Hawkins, Robert Hardaway, Charles Carmody, and Ryan Carmody of CBRE represented the seller, real estate investment and development firm Cobalt Property Group. Insite Properties advised Highland Ventures during the transaction.

“With tenant’s focused on flight to quality in today’s office climate, 174 Meeting offers a rare new construction option in Charleston’s amenity rich environment,” said CBRE’s Smith.

The 2014-constructed property is situated near the intersection of Meeting and Market Streets with over 50 restaurants, over 2,300 hotel rooms, and retail options within a half-mile. It features three levels of office space above a ground-level bank, lobby and parking.

174 Meeting was fully occupied at the time of the sale to Truist Bank, Thrive Co-Working, Stifel Financial Corp. and Evening Post Industries.


Inside The Story

CBRE's Smith

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.

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