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A Midwest company bought 215 Benefitfocus Way, the 145,800-square-foot building on Daniel Island for $61.5 million.
CBRE arranged the sale of the Class A corporate headquarters office building, which Benefitfocus has a long-term lease, CBRE said in a press release.
based in Chicago Zelleroffice owner and operator operating in the Southeast since 2017, purchased the four-story, single-tenant property from an undisclosed seller.
The acquisition is part of a long-term commitment to invest in “growth-oriented markets with high-quality assets,” according to the statement.
“Charleston's impressive demographics, especially employment growth and population growth, continue to attract new sources of capital outside the market,” CBRE reports. Patrick Gildea he said in a statement. “Class A properties with nearby amenities continue to be top targets for capital.”
Gildea, Matt Smith, Grayson Hawkins, Charles Carmody, Chip Shealy and Kathy Delcoco represented the seller. The firm's Southeast Institutional Debt and Structured Finance team, led by Harris Ralston and CJ Kelly, represented the buyer in the debt financing.
Zeller currently has 1.3 million square feet of assets under management in the Southeast.
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