Cypress Announces Strong Sales Performance in June
Posted on July 31st, 2018
Cypress Commercial and Investment Real Estate, a Columbia-based firm serving the Southeast, announces its best-ever June, with seven closings late in the second quarter totaling just over $4 million. The boutique real estate investment firm also saw impressive first half-year sales figures.
This year’s sales growth was seen across all areas of its commercial properties and included net lease investment properties, professional and medical office buildings and a restaurant. In most closings, the properties were under contract within 30 to 60 days of listing and closed near the asking prices.
Recently closed properties include:
- 1600 St. Julian Place, Columbia, SC
- Dollar General, Okatie, SC
- Dollar General, Campobello, SC
- 511 Beltline Blvd., Columbia, SC
- Fred’s Discount Store, Camden, SC
- 1927 Broad River Road, Columbia, SC
- Family Dollar Store, S. Congaree, SC
Co-founder of Cypress Commercial, Tyler Baldwin Jr., says the growth is significant for a smaller investment firm like theirs, particularly in a market that might be slowing a bit due to rising mortgage rates.
“This strong sales performance is significant for a shop our size,” Baldwin said, “Clients tell us the level of service we provide makes a difference. Our experience and market knowledge is key, and we work with clients one-on-one, focusing on the details of each transaction, problem solving and providing proactive, exceptional service.”
Cypress continues to emerge as one of the top boutique investment firms in the southeast, marketing a variety of net leased assets along the Eastern Seaboard, while assisting buyers and sellers of commercial property on a local and regional level.