Commercial Real Estate

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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B2B Stories

Initiative to help local business owners address problems with homeless population

For 20 years, Diane Tribble owned a successful hair salon in Augusta, but about a month ago, she made the difficult decision to close her business, thanks to mounting problems with the city’s homeless population. On Tuesday, Tribble, former owner of Diane & Co. located at 3128 Washington Road, was one of many local business owners who spoke about her experiences at a town hall discussion on homelessness led by Richmond County Sheriff, Richard Roundtree, who unveiled a new initiative called the Property Owner Response Team. The initiative, which has

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B2B Stories

New build-for-rent community breaks ground

Crews have broken ground on West Park Townhomes on Wheeler Road, across from Doctors Hospital. Ivey Group and Batson Cook are developing the 262-home community and both companies have extensive experience in the Augusta market. The Ivey Group is one of the region’s largest homebuilders, and BCDC (Batson-Cook Development Company) is a real estate development investor. West Park Townhomes is their first joint-venture partnership. The 262-home build-for-rent townhome community will be on a more than 29-acre site on Wheeler Road. The project is located near the intersection of Interstates 20

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ABD Extra

THE MARATHON CONTINUES

Putting in the time since 2009… For the past six months, the Auben leadership team has had a lot of conversations about our upcoming market expansion. As we seek to build teams and open offices in Atlanta, Charlotte, and Greenville/Spartanburg in the next 90 days, we want to ensure we act expeditiously to capitalize on market dynamics perfectly aligned with our SFR investor focus. However, we also want to proceed with the prudence of an organization which intends to be managing assets for our clients’ grandchildren. It’s a delicate balance.

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B2B Stories

Local auto group opens much larger CSRA dealership

The former Kia of Augusta recently moved across the river and has been replaced by a state-of-the-art dealership that’s three to four times the size of its predecessor, according to Greg Hodges II. Hodges serves as platform manager for Stokes Hodges Kia, which opened for business on Monday, May 1 at 5425 Jefferson Davis Highway in Beech Island. On Thursday, May 18, he and his staff celebrated the grand opening of the more than 46,000-square-foot dealership with a ribbon cutting hosted by the North Augusta Chamber of Commerce. Hodges said

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