Marcus & Millichap Facilitates $7.1M Sale of Prime Retail Property in Columbia, South Carolina

Reuters

2025/05/29

Marcus & Millichap Facilitates $7.1M Sale of Prime Retail Property in Columbia, South Carolina

COLUMBIA, S.C., May 28, 2025 - Marcus & Millichap Inc., a prominent commercial real estate brokerage firm, successfully brokered the sale of two vacant retail buildings located at 3818 Devine Street in Columbia, South Carolina, for $7.1 million. The 38,816-square-foot property, which once housed a Piggly Wiggly grocery store for over 40 years, spans 3.22 acres at the intersection of Kilbourne Road and Devine Street. This key location connects downtown Columbia, the University of South Carolina, and nearby neighborhoods. The transaction was facilitated by Marcus & Millichap's Harrison Creason and Andrew Margulies, linking an out-of-state seller with the buyer, Cason Development Group of Columbia. The deal presents a promising opportunity for investment and community contribution in this highly visible area.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on May 28, 2025, and is solely responsible for the information contained therein.

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The 38,816-square-foot property, which once housed a Piggly Wiggly grocery store for over 40 years, spans 3.22 acres at the intersection of Kilbourne Road and Devine Street. This key location connects downtown Columbia, the University of South Carolina, and nearby neighborhoods. The transaction was facilitated by Marcus &amp; Millichap's Harrison Creason and Andrew Margulies, linking an out-of-state seller with the buyer, Cason Development Group of Columbia. The deal presents a promising opportunity for investment and community contribution in this highly visible area.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus &amp; Millichap Inc. published the original content used to generate this news brief on May 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MMI","symbol_name":"Marcus & Millichap Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250528:nNDL6g98J2:1","article_id":"2539140640","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539140640","pubTimestamp":1748462488,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"COLUMBIA, S.C., May 28, 2025 - Marcus & Millichap Inc., a prominent commercial real estate brokerage firm, successfully brokered the sale of two vacant retail buildings located at 3818 Devine Street in Columbia, South Carolina, for $7.1 million. 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The 38,816-square-foot property, which once housed a Piggly Wiggly grocery store for over 40 years, spans 3.22 acres at the intersection of Kilbourne Road and Devine Street. This key location connects downtown Columbia, the University of South Carolina, and nearby neighborhoods. The transaction was facilitated by Marcus & Millichap's Harrison Creason and Andrew Margulies, linking an out-of-state seller with the buyer, Cason Development Group of Columbia. The deal presents a promising opportunity for investment and community contribution in this highly visible area.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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