Hot Properties: Townhome community sold in Pendleton.

The Villages at Town Creek, a 61-unit, 244-bed townhome community in Pendleton has been sold by Georgia-based QR Capital to an undisclosed buyer, according to an announcement from CBRE.

Jaclyn Fitts,William VonderfechtandCasey Schaeferwith CBRE's national student housing team andDavid LansburyandErika Mastonwith CBRE's Southeast multifamily investment sales team arranged the transaction on behalf of the seller.

"The Villages at Town Creek offered an attractive going-in yield for investors at one of the nation's strongest Power 5 student housing markets," Schaefer said in the news release. "Exhibiting a long history of stable performance, the property also provided a fully entitled development opportunity for additional units. Theunits are some of the largest and most unique townhome floorplans in the market, differentiating the asset from its competitive set. We were thrilled to help QR complete a successful round trip."

Built in 2010, the property is on a bus route serving Clemson University, and has averaged 97% occupancy since 2013. The Villages at Town Creek has a unit mix comprised of three-, four- and five-bedroom townhome units.

The following commercial real estate transactions were recently completed in the Upstate. For weekly updates on commercial deals, see the Hot Properties feature every Tuesday in the GSA Business Report Daily email.

Reeves Willis of Avison Young commercial real estate represented KMRT Investments LLC in the leasing of 16,000 square feet of industrial building located at 609 S. Washington Ave. in Greenville to RAS Logistics LLC.

Harry Croxton of Coldwell Banker Commercial Caine represented Five Forks Animal Hospital LLC in leasing 5,900 square feet of medical office building at 221 Batesville Road in Simpsonville, from Piedmont Ventures LLC.

Nicholas Sardone of Coldwell Banker Commercial Caine represented Halter Properties LP, the landlord, in lease renewal negotiations withBay Laurel Center for Psychotherapy for a2,920-square-foot office building at 110 Manly St. in Greenville.

Pete Brett and T Cox of Coldwell Banker Commercial Caine represented Bright Investments II LLC, the landlord, in lease renewal negotiations with CDI Investments LLC for a2,700-square-foot retail space at Garlington Station, Suites H & I, 700 Garlington Road in Greenville.

T Cox of Coldwell Banker Commercial Caine represented tenant Carriage House Realty by Nick LLC in the leasing of a432-square-foot retail space at 100 E. Washington...

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