Tenant Expansion Brings 20/21 Business Center in Columbia, South Carolina to 100% Leased

A new lease expansion from an Austin, Texas-based land surveying company, along with 37,681 square feet of new and renewed leases in the past 12 months, has brought 20/21 Business Center in Columbia, South Carolina to 100% leased.

Marie Dieckmann of CBRE in Columbia represented the landlord, Massachusetts-based CB Equities, in each lease transaction.

“We continue to see high demand for flex product as our market experiences residential and industrial growth, but this type of success was driven by an owner that made capital improvements necessary to reintroduce this asset to the market and compete for high-quality tenants,” said Dieckmann, Senior Associate with CBRE.

Located at 6904 N Main St. in Columbia, the three-building, 98,396 sq. ft. flex office building has been owned by CB Equities since May of 2022 and has undergone a variety of capital improvements to enhance the aesthetic appeal of the property. Other tenants that recently signed leases at 20/21 Business Center include a pest control company, a construction firm, and an HVAC company.

“We are thrilled with the Columbia market overall and are pleased with the performance of 20/21 Business Center,” said Colin Gillespie, Managing Director at CB Equities. “Demand for this product type continues to accelerate while supply remains limited. Flex Industrial is a bright spot in commercial real estate markets across the U.S., and Columbia is a great example of this trend.”