Lat Purser to Develop New Charleston-Area Office Buildings

Consolidated Planning will anchor the 14,871-square-foot, two-story development in Mount Pleasant, S.C. Lat Purser expects to complete the project in spring 2018.
A rendering of 1034 Lansing in Mount Pleasant, S.C.
A rendering of 1034 Lansing in Mount Pleasant, S.C.

Lat Purser & Associates will start construction on a two-story, 14,871-square-foot office building in Mount Pleasant, S.C. The asset will be anchored by financial planning firm Consolidated Planning, a majority investor in the project. The development team includes general contractor Choate Construction, Overcash Demmitt Architects and civil engineer Earthsource Engineering. South State Bank is providing financing for the project.

“Located in one of the fastest-growing submarkets in the country, 1034 Lansing Drive offers a convenient, central location and close proximity to neighborhood retail and restaurants,” said Adam Robinson, project developer at Lat Purser, in a prepared statement.

Consolidated Planning signed a lease for approximately 10,400 square feet and plans to relocate from its current Johnnie Dodds Boulevard office. The Tudor-style architecture Mount Pleasant office will be the company’s largest outside of its Charlotte headquarters, where James Penman Jr., a 20-year veteran of the retail industry, was recently named vice president.

Hagood Morrison with Colliers International represented the ownership group on the acquisition of the roughly one-acre site earlier this month and is also marketing the remaining 4,472 square feet of space. Completion of the two buildings is expected during next spring.

Image courtesy of Lat Purser & Associates