Meybohm Commercial’s August 2022 Newsletter
IT’S ALREADY AUGUST? JULYING…
With transactions all the way to Mississippi and a new team member, it’s been a fun and productive month! Congratulations to David Hogg on being named Chair of Piedmont Augusta Foundation!
DAVID HOGG NAMED CHAIR OF PIEDMONT AUGUSTA FOUNDATION
“Augusta is the place I call home. The place I was born (at University Hospital) and have raised my family, and the place I hope to retire in the future. I want to ensure that my family and other families in our community are able to enjoy the place that means so much to me. One way I contribute to our community is by being a part of organizations that make a difference in the place we all call home. One of my biggest involvements is being the Chair of Piedmont Augusta Foundation (formerly University Health Care Foundation) Board of Trustees. It is an honor and pleasure to work alongside the talented staff and other Board Members of the Foundation. During my time on the Board I have witnessed many amazing ventures taken on by the Foundation to ensure our community has access to quality and affordable healthcare. From renovating heart cath labs with more up-to-date equipment, to providing scholarships for nurses furthering their education, and everything in between, I am a proud supporter of Piedmont Augusta and the Foundation that it supports.”
NEW TEAM MEMBER: SELETA COLLINS
Seleta Collins will be joining our team after spending 7 years as the Marketing Coordinator at Chick-fil-A. She is a wife to Corey and a mom to two daughters – Chloe (13) and Stella (10). Seleta and her family reside in Columbia County and are members at TrueNorth Church. In her free time, she enjoys being active and watching her daughters play soccer! Seleta is joining the Meybohm Commercial Real Estate Team as the Transaction Manager.
- 736 East Robinson Avenue | Dean Newman: Working with EG Meybohm and Meybohm Development Group, Dean closed on one of our land parcels in the Grovetown area across from Gate 2 at Fort Gordon. The developers purchasing this site will develop a mixture of retail and townhouses on this vacant land parcel over the next few years.
- Shoppes at Tara | Jordan Collier + Brian Sweeting: This multi-tenant investment grade retail strip center features a synergistic tenant lineup of national restaurants, medtail and a Starbucks and AT&T outparcel. Located in the rapidly growing Jonesboro benefiting from its proximity to Jackson Hartfield International Airport, Porsche Experience Center, and the Southern Regional Medical Center. The shopping center acquired at a price well below replacement costs, and projects to deliver above market cash yields.
- 1405 Marks Church Road | Dean Newman: Marks Baptist Church, a congregation located in Richmond County for over 100 years, is transitioning to Columbia County, where there is more growth and new opportunities for ministry. Augusta Chinese Christian Fellowship are the new owners. They have been renting in various locations in the past and this is the first property the church will own themselves.
- Spring Valley Shopping Center | Jordan Collier + Brian Sweeting: Meybohm Commercial Properties has served as the exclusive advisor to a regional family office in the procurement of the 88K square feet retail center in Greensboro, NC. This asset presents unique yield growth for the purchaser with an existing anchor space occupied by Roses, and an additional 25K square foot inline vacancy. The underlying asset features recent heavy capital investments and is uniquely positioned in the pathway of growth.