Ziff Properties Inc., a Mount Pleasant, S.C.-based commercial real estate investment firm, has acquired Clemson Central Storage in Central, S.C., for $3.8 million. The property at 1737 Old Central Road is near Clemson University. It currently consists of 52,081 square feet of storage space. Ziff plans to build a new 33,600-square-foot structure containing 238 storage units as well as a new management office near the front of the property, according to the source.
“Proximity to Clemson University’s campus and extremely high barriers to entry made this property attractive for investment,” said Christian Chamblee, chief operating officer and director of acquisitions for Ziff.