Waters Investments is pleased to announce we have acquired Monroe Business Park as a joint venture with other investors, which is located on Monroe Road next door to one of our self storage facilities, The Mini Storage Center. Monroe Business Park is anchored by Common Market and Irontribe Fitness. The Center has multiple other small business tenants in the rear as well as warehouse and office-flex space. Waters plans on multiple upgrades to the property including rebranding it as Oakhurst Commerce Centre. Waters Incorporated will provide management and leasing.
K. Martin Waters, Jr., Chairman of Waters Incorporated, along with a Trust and another investor has acquired and built a Spinx convenience store. The property is located at 2160 N. Main Street in Summerville, SC. Spinx is a regional company based in Greenville, SC. that is currently expanding into the greater Charleston metro area. The store opens in late July.
A Waters sponsored entity has expanded the Coastal Storage mini warehouse facility located in Myrtle Beach, SC. The property is in the fast growing Socastee area at 7269 Hwy 707. The expansion consists of a fourth building of 7,500sf having both standard and climate controlled units. The owners also own an adjacent 3 acre tract fronting on Big Block Road for additional expansion.