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Colliers International brokers lease extension at 1906 Pineview Road


Tuesday, December 10, 2019

 

1906 Pineview Road Property

 


Colliers International’s Chuck Salley, SIOR, Dave Mathews, SIOR, Thomas Beard and John Peebles represented Carolina Industrial Properties in a ten-year lease extension for Alpha Media at 1906 Pineview Road in Columbia, South Carolina.

“The ownership agreed to make substantial improvements to the property that will serve Alpha Media for many years. Alpha Media is a great asset for Columbia,” said Chuck Salley, Vice President & Director of Industrial Brokerage Team in Colliers International | South Carolina’s Columbia office. 

 

1900 Pineview Road is a 10,320-square-foot single-story office building. The Colliers brokerage team procured the sale of the building in 2017 from iHeartMedia, Inc. The tenant, Alpha Media, is a radio station holding company that operates nearly 200 radio stations across the United States.

About Alpha Media
Upon the successful completion of all pending transactions, Alpha Media, a diverse, multimedia company will own or operate 198 radio stations and 200+ websites serving 44 markets across the United States. In addition to the stations and websites, Alpha Media owns the intimate performance venues, Bloodworks Live Studio in Portland, OR., Alamo Lounge in San Antonio, TX, and StudioEast in Kenosha, WI. Strong relationships with clients and community members keep Alpha true to its Live and Local philosophy. Alpha Media is relentlessly focused on innovation, efficiency, and entertainment. www.alphamediausa.com

 




Reger Holdings LLC is a limited liability company headquartered in Western New York with a focus on investments in the real estate industry. With efforts spanning luxury residential, industrial and mixed use projects, we have developed dozens of properties across Alaska, Florida, western New York, New England, North Carolina and South Carolina.

Colliers International’s Carolinas Industrial Team of professionals bring specialized knowledge to their area of focus, whether that is in-depth knowledge of a defined geographic area or expertise in a sub-type of industrial property. If you would like additional information or have questions about Reger Holdings’ Carolinas Industrial portfolio, please contact Colliers International