The Montford Group. And Opterra Capital Acquire 170 Meeting St. Office Building Located In The Historic Downtown Charleston.
CHARLESTON, July 21, 2021 – The Montford Group. and Opterra Capital acquire 170 Meeting Street, a fully-leased premium office building consisting of 30,000 square feet located in the heart of downtown Charleston.
The building is set over five stories that offer modish decor with floor-to-ceiling windows overlooking downtown for an inspiring working environment. The office is fully leased with a strong roster of tenants including Regions Bank and Regus serviced office space.
“We are very excited to add this office building in the banking corridor of Historic Charleston to our real estate portfolio. It has been an absolute pleasure working with Marc Knight and his team at First Reliance Bank to secure financing and Joe Keenan and Trad Dyches of Palmetto Commercial, who brokered the deal.” said Sunju Patel, Founder & CEO of The Montford Group.
“I have had the distinct pleasure of knowing Sunju Patel for quite a few years now,” said Rick Saunders, CEO of First Reliance Bank. “True to his character, when an investment property came up for sale, Sunju thought of the banking partnership he and I have formed.”
“Charleston is a great market to do business and we are proud to grow our real estate portfolio in the office sector here.” said Glenn Alba, Founder & CEO of Opterra Capital.
Currently, The Montford Group. and Opterra Capital plan to keep the office as is, having a goal to maintain the business banking district in downtown Charleston.