Denholtz has secured acquisition financing for 20/21 Business Center, a 98,386-square-foot multitenant flex industrial complex in Columbia, S.C.
JLL worked on behalf of the borrower to secure the five-year loan through Bank United.
Located at 100–400 Northeast Drive and 6904 North Main Street, 20/21 Business Center consists of three buildings situated on 17.64 acres, with an additional 6.62 acres of undeveloped adjacent land. The property is 97.5 percent leased to a diverse roster of 26 tenants across multiple industries, with an average suite size of 3,784 square feet. It features 17 dock doors, 19 drive-in bays, ceiling heights ranging from 14 to 18 feet and 306 parking spaces.
The flex complex benefits from its strategic location along Interstate 20, offering connectivity and visibility with more than 100,000 vehicles passing by daily. It is situated 15 minutes from Columbia's central business district in the expanding Northeast submarket, where tenant dema