Dutch Plaza building sold to Midlands Housing Alliance.

A new affordable housing option for seniors is in the future for the St. Andrews submarket after Midlands Housing Alliance purchased Dutch Plaza, a 76,000 square-foot-building, from D&P Beach Properties LLC.

Crawford Prezioso, a brokerage associate with Colliers South Carolina, represented both the seller and the buyer. Prezioso represents owners, landlords, users and tenants in the leasing and sale of commercial properties around Columbia and central South Carolina

The alliance also retained LCK, Colliers' project management partner, to handle the building upfit, and awarded the property management to Colliers' Real Estate Management Services.

The first phase of the property's transformation will occur in the back two buildings. One will be renovated to serve as an adult day care facility for medically fragile clients in need of mental and physical activity. The second building will be renovated to create...

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