Thu, March 28, 2024

Commercial Real Estate

B2B Stories

We’re paying for JBA construction starting Monday

If you’re among the tens of thousands of people who buy goods and services in Richmond County, you will begin paying an additional half-penny sales tax on Monday, April 1. Money collected will cover the cost of building a new James Brown Arena. Demolition of the existing arena is expected to begin in July. The $250 million bond issue was approved by voters in November 2023. Mike Harvey, Vice President of Project Design with Nations Group, owner’s representative for the Coliseum Authority, told ABD they are ready to bring in

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B2B Stories

Subdividing huge Augusta Building

WOW! Commercial Real Estate agent, Scott Brantley of the Beman Group recently placed an anchor tenant in the vacant, former WOW call center located at 3674 Wheeler Rd. Brantley executed a 10-year multi-option lease with Circle City ABA for the medical services provider to take about 1/3rd of the large office building. “We were able to work with our client (owner) to find a way to offer less space to multiple tenants instead of having to find someone willing to lease the entire 27,000 square feet. This company originated in

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B2B Stories

Acquisition moves local real estate firm into Top 10 in U.S.

Auben Realty, a full-service real estate investment brokerage based in Augusta, has acquired Voepel Property Management and Canopy Road Real Estate, renowned local experts in investment brokerage and comprehensive property management services based in Kansas City, MO. This strategic combination represents a significant step forward for both companies, combining their strengths to create an even more formidable presence in the real estate market nationwide. Auben Realty and Voepel Property Management share a common vision for providing property management solutions and fostering positive growth within the industry. The combination will leverage

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B2B Stories

New business opportunity in the heart of downtown

Mixed-use buildings are experiencing a surge in popularity. This trend reflects a departure from traditional single-use buildings, as developers and investors increasingly recognize the benefits of blending residential, office, and retail spaces within one structure. There is a new building available in Downtown Augusta with available office space. As ABD continues to report on new faces and places in Downtown Augusta including The Earth Pantry, a grocery store that opened in November at 1026 Broad Street, the heart of the city is painting the picture of a place to work,

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B2B Stories

Putting empty Augusta buildings back to work

Augusta-Richmond County will soon see a series of vacant buildings finding new life for different purposes. The most recent is the former Rite Aid/Eckerd Drugs store on Walton Way at 15th Street. It re-opened on Feb. 8 as a retail store and training center for Goodwill Industries of Middle Georgia and the CSRA. That came on the heels of Goodwill turning the former Georgia Federal Bank on Washington Road at Furys Ferry Road into its welcome center for Helms College. Both locations had been commercial tracts, generating property taxes for

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B2B Stories

Former TV station building seeks new tenant again

The former three-story WAGT building at 905 Broad Street is looking for another business to occupy it. For a little more than a year, a retail liquidation company hawked department store-type bargains inside the first floor and outside on the sidewalk, next to Laziza’s Restaurant. The Wholesale and Retail Bargain Merchandise store has moved near the Kroc Center at 1661 Broad Street in Augusta. They offer up to 75% off on various items that were returned to Amazon, Target, Walmart, Lowe’s, Home Depot, and other retailers. For more information visit, www.bargainmerchandises.com

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B2B Stories

Broad Street is smokin’ with development

The off-market sale of a historic mixed-use building at 1246 Broad Street in Downtown Augusta has been announced. The property, home to upscale retailer Fireside on the ground floor and residential tenants upstairs, was purchased by an investment group represented by Meybohm Commercial. Downtown Augusta is currently experiencing a wave of new developments, including The Standard on Greene Street and the Lamar Building. These projects, along with upcoming streetscape improvements and the recently announced funding for a new James Brown Arena, are expected to increase foot traffic and make downtown living

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B2B Stories

Deep pockets for downtown Augusta historic investment

A property steeped in history with a potential lucrative future is for sale, if you can pony up almost $2 million. Almost 21 years ago, The Bees Knees helped pioneer modern dining in Downtown Augusta. Over the years, the space at 215 10th Street has been a gathering place for many seeking a unique culinary experience. Now, with Manny’s Off Broad and Lenox on Tenth, a new generation of restauranteurs has taken up the baton and an opportunity to invest in Augusta’s downtown has presented itself. The property offers approximately

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B2B Stories

Lawn equipment company sold to CSRA restaurateur!

From making burgers to making hay. That’s the transition that longtime Augusta area restaurateur, David Cravens has been undergoing since September 1st. He’s the new owner of Palmer Equipment and will celebrate his acquisition with an event planned for Saturday, October 14th at the showroom in Wilkes County. Cravens will offer name brands such as Stihl products and equipment from Kubota and Land Pride. Palmer’s caters to both agricultural and residential customers. They have tractors, lawnmowers, weed eaters, hay bailers, and more. “It has been such a blessing to continue

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B2B Stories

A look inside Harlem’s DG Market

The newly opened DG Market at 180 East Milledgeville Road in Harlem, GA. is bringing nearby residents the opportunity to access fresh produce and meats, among other common household items. The location in Harlem is one of over 2,000 DG Markets in the country and the store’s opening has contributed to area employment. “The DG Market provides a one-stop shopping opportunity,” said a statement shared by Jordan Trotter Commercial Real Estate. “Shoppers have access to home accessories, wellness options, cleaning supplies, home goods, and more. The DG Market also offers

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