Third Multifamily Brings Northland’s $200M Charleston Collection to 800 Units

Newton, MA-based Northland has acquired 511 Meeting, a 221-unit residential building in Charleston, SC. The transaction marks Northland’s third investment in the Charleston area; the company has invested over $200 million in to assemble a portfolio of 813 Class A apartment homes.

“Since our entrance into the Charleston market in 2019 with The Standard on James Island and Wharf 7 on Daniel Island, we’ve been actively seeking additional opportunities for expansion onto the Peninsula,” said Bruno Setteducati, director of investments at Northland.

511 Meeting is a podium-style mid-rise with a fitness center, bike storage and repair area, and second-story pool deck with a fire pit and grill stations. The building also features a lounge and bar space, as well as 2,960 square feet of dedicated retail.

511 Meeting is one block away from King Street, renowned for its storied history, and distinctive blend of fashion, art, retail and dining experiences.