Bamberg company buys Northeast flex building.

A 111,509-square-foot industrial flex building in Northeast Columbia has sold for $4.7 million.

Trinity Partners facilitated the $4,725,000 sale of 130 Pinnacle Point to Bamberg-based Brabham Oil Co. Trinity's Macon Lovelace, Dail Longaker and Robbie Cook represented the seller, Columbia-based Boss's Pinnacle Point Drive LLC.

The building was 93% leased to two long-term tenants, according to a news release. The new owner will retain Trinity Partners to lease and manage the property.

"This investment sale is a tremendous success story for Trinity's full-service commercial real estate platform," Cook said in the release."Our ability to negotiate simultaneous lease extensions with in-place tenants changed the game, making the asset a highly attractive investment opportunity.The renewed long-term leases, the asset type and quality, good in-place returns, and the potential of added value through future leasing prospects made this deal a no-brainer for Brabham Oil."

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