Charleston, S.C. — CBRE represented seller of 400 Meeting Street, a property within walking distance to The College of Charleston.
Charleston, S.C. — 400 Meeting Street, a 160-bed student housing community that was built in 2013, has been sold for $18.5 million. CBRE’s National Student Housing Team of Ryan Lang, Jaclyn Fitts and Ryan Reid with Phil Brousseau represented the seller, the Davis Property Group. The buyer was CMB Properties LLC, a Charleston-based real estate investment management firm. 400 Meeting Street was 100 percent occupied at the time of sale. The 41-unit property is managed by Greystar Student Living and is within walking distance to The College of Charleston.