Hot Properties, Nov. 16, 2021.

Fogelman Properties has purchased Walden Oaks, a 240-unit apartment community in Anderson, in a joint venture with Thackeray Partners.

Fogelman is a privately owned multifamily investment and property management company.

Walden Oaks was built in 2007 and is 97% occupied with one-, two- and three-bedroom apartments, according to a news release. The company will undergo renovations to all interior units with enhancements to the fitness center, clubhouse and pool area.

"Anderson, S.C., is the top ranked submarket in the Greenville MSA for rent growth," Mike Aiken, senior vice president of investments at Fogelman, said in the news release. "We are excited to make another investment in the Upstate region and add Walden Oaks to our expanding portfolio with Thackeray."

Fogelman has made 14 joint purchases with Dallas-based Thackeray Partners, a portfolio that includes more than 2,700 units, the release said.

Fogelman specializes in multifamily acquisitions, property management, construction management, and asset management. Nationwide, Fogelman operates 94 multifamily communities totaling more than 28,000 apartment homes across 12 states.

Other recent commercial real estate transactions in the Upstate include:

Zach Hines of Spencer/Hines Properties represented the buyer, 910 Laurens Road LLC, for the sale of approximately a half-acre of land with 18,900 square feet of building and improvements at 28 Oeland Drive, Greenville. KDS Properties represented the seller, Aegis Asset Backed Securities.

Avison Young commercial real estate said Chris Prince represented Hearsay Properties LLC. in the sale of 2,000 square feet of office space at 9 East Ave. in Greenville to Ascend Construction LLC.

Harry Croxton of Coldwell Banker Commercial Caine represented Barwick & Associates LLC in the sale of a 10,756-square-foot retail center on a lot at 3180-3190 Wade Hampton Blvd. in Taylors to Taylors Center LLC.

Wiley North of Coldwell Banker Commercial Caine represented George N. and Judy B. Psillas, who sold a1,980-square-foot retail building ona lot at 249 E. Main St. in Spartanburg to McKillop Business Group LLC.

Taylor Allen, Brantley Anderson and Bailey Tollison of Colliers...

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