Charleston Mixed-Use Asset Lands 3 Retail Leases

Federal Capital Partners and Kane Realty are renting 7,200 square feet at 601 Meeting St. to a nail salon, a cafe and a fitness facility.
Rendering of Meeting Street Lofts
Rendering of Meeting Street Lofts

Federal Capital Partners and Kane Realty Corp. have signed three retail leases totaling roughly 7,200 square feet at 601 Meeting St. in Charleston, S.C. The new mixed-use development, dubbed Meeting Street Lofts, is nearing completion and will include 264 luxury apartments.

Located at the intersection between Huger and Meeting streets on the Upper Peninsula of the city, the stores are part of the building’s 20-foot ceilings and steel and glass exterior storefronts. The property is next to Ravenel Bridge, providing immediate access to Interstate 26 and Highway 17. According to Yardi Matrix data, the property will feature five stories above two levels of parking and retail.

Nails So Dep, a full-service nail salon, will be opening its second location in Charleston by leasing 2,784 square feet at the property. Greens & Grounds, a cafe serving breakfast and lunch, will occupy another 1,101 square feet, while Iron Tribe Fitness will lease the largest space—3,411 square feet. Almost 9,300 square feet of retail space is still vacant.

Federal Capital Partners is also active in the Washington, D.C., market. Recently, the company sold One Dulles Tower, a 403,600-square-foot trophy property in Herndon, Va.

Image courtesy of FCP and Kane Realty