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Also planned is a 185-unit apartment project near Floyd Drive and Bees Ferry Road in West Ashley. Both projects are expected to begin early next year and be completed in about 16 months, Hanks said. While the apartment sale is believed to be the highest-priced multifamily transaction on the peninsula, a mixed-use apartment development on Daniel Island changed hands last spring for nearly $92 million. Central Island Square, an apartment and retail development completed in 2018 on Daniel Island, sold in April for nearly $92 million to the Baltimore firm that bought Mount Pleasant Towne Centre two month earlier. Warren L. Wise/Staff Maryland-based Continental Realty Corp. bought the 313-unit Central Island Square Apartments and its retail operations on the 8-acre site in early April in one of the largest commercial property transactions in Berkeley County. ....
$83M apartment sale believed to be record on Charleston peninsula postandcourier.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from postandcourier.com Daily Mail and Mail on Sunday newspapers.