Dec 14 2021

The Shelmore Signs Three New Office Leases

Mt. Pleasant, SC (December 14, 2021) The ownership of The Shelmore, an adaptive reuse of a former grocery store in the heart of Mt. Pleasant, today announced it has executed three new office leases in recent weeks. This latest round of leasing increases the overall occupancy of the 50,000 square foot office development to over 50 percent, with approximately 25,000 square feet of office space remaining.

Stanley Martin Homes, an award-winning national home builder, leased 9,600 square feet. US Club Soccer, an organization that works to develop and support soccer clubs in the United States, leased 5,502 square feet. Berkshire Hathaway Home Services, a residential real estate brokerage firm, leased 3,032 square feet.

In addition to the new office building located at 774 S. Shelmore Blvd., the campus also contains two retail centers occupied by several established restaurants such as Second State Coffee as well as three concepts operated by restaurateur Patrick Owens, popular salons and a convenient gym. Playa Bowls, another new addition to the center, will be opening in the coming weeks. The property is centrally located in Mt. Pleasant just outside of I’On and is less than 10 minutes of driving distance to Downtown and the East Islands.

“The Shelmore is an ideal setting for any business,” remarks Richard Morse, who along with Trad Dyches of Palmetto Commercial Properties is brokering the leases on behalf of ownership. “Its unmatched location in the heart of Mt. Pleasant makes it very accessible to all parts of the Tri-County region. Best of all – you never have to leave the campus during the day as you can get coffee, sneak in a workout, have lunch and then join colleagues for happy hour by taking just a few steps. Additionally, there are multiple places to relax: the covered pavilion, walking trails surrounding the secluded pond as well as several sunny patios. The office building itself is beautiful with 18-foot ceilings, abundant natural light and spacious layouts. Finally, both employers and employees alike will love that the surface parking is free and plentiful.”

The Shelmore is owned by a partnership consisting of Collett Capital and Lions Gate Capital from Charlotte, North Carolina. Other notable projects by the partnership include Dorchester Village Shopping Center in Summerville, the 71-unit Haddon Hall Apartments in West Ashley and the recent acquisition of the 7-acre Regal Cinebarre in Mt. Pleasant, a redevelopment project in the early planning stages.

Leasing activity remains strong and additional tenant announcements are anticipated to be made soon. For more information, please contact Richard Morse or Trad Dyches with Palmetto Commercial Properties at (843) 577-2550.

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