Investment Acquistions

Through its parent company, Waters Investments, Inc., the Waters organization acts as a principal investor in real estate projects throughout the Carolinas.

Waters’ acquisition program involves sole ownership as well as group investing with other investors. Tenants in Common, Limited Liability Companies and Partnerships are the types of ownership structures utilized in multi-owner investing.

Preferred Property Types include, but are not limited to:

  • Convenience Stores
  • Triple Net Retail / Restaurant / Office
  • Unanchored and Grocery-Anchored Retail
  • Office / Flex / Showroom
  • Self Storage

Recent Acquistion/Re-development Projects

501 Mini-Storage

Conway, SC

Waters and a group of investors purchased this storage facility, which is located at the intersection of Hwy 501 Bypass, and 501 Business just east of downtown Conway. Located near Coastal Carolina University, Horry-Georgetown Technical College and the hospital it has a strong presence in the trade area. It will be re-branded The Mini Storage Center.

SPINX – Montague Ave.

North Charleston, SC

This was the first acquisition of Spinx for Waters and is the highest volume store for Spinx in the greater Charleston market. This location is near the airport, Boeing Plant, N. Charleston Coliseum and other commercial business generators.

Spinx – Orangeburg Rd.

Summerville, SC

Waters family entities and individuals purchased this Spinx Convenience Store upon construction completion. This location is on the north side of Summerville near the rapidly growing Jedburg Road area.

Coastal Storage

Myrtle Beach, SC

Waters affiliated entity bought this existing facility as well as three additional acres for expansion. A new building was added in March 2016 and two more are being added in April 2018. The property is located on Hwy 707 and Big Block Road in the rapidly growing Socastee area of greater Myrtle Beach. It will be re-branded The Mini Storage Center.

The Mini Storage Center – Freedom Drive

Charlotte, NC

Waters Investments and two investors purchased the existing facility from a local family owner. Plans for the property include new gate system and renovation of Building 7. This mini warehouse is the first property to receive new signage and logo of larger portfolio re-branding.

Spinx – N. Main Street

Summerville, SC

A closely held family LLC performed a build to suit for a Spinx Convenience Store. Spinx is a regional company with headquarters in Greenville, SC. They are expanding into the Charleston market and this is the third of three acquisitions/build to suit by a Waters affiliated entity.

Oakhurst Commerce Centre

Charlotte, NC

Waters Investments and a group of investors purchased the retail/office showroom property as a value add opportunity. New roofs, landscaping, and painting are planned as well as a name change to Oakhurst Commerce Centre. Tenants include Common Market, Irontribe Fitness and PPG Paints. It is located on Monroe Road in the up and coming Oakhurst neighborhood.

Recent Dispositions

The Crossings at Nations Ford East

Charlotte, NC

This 77,000-office warehouse building was located on Nations Ford Road next to I-485. The Seller was a joint venture of Waters Investments and Alex Brown Realty of Baltimore. Patrick Gildea in the CBRE Charlotte office represented the Seller.

The Mini Storage Center – Harris Blvd.

Charlotte, NC

This 820-unit storage facility was located on Harris Blvd. in Charlotte. The Seller was a joint venture of Waters Investments and Alex Brown Realty of Baltimore. Ashley Compton in the CBRE Nashville office represented the Seller.

Mini City 2

Raleigh, NC

This 76,585sf shopping center located on Capital Blvd. in Raleigh was owned by a joint venture of Waters Investments and Alex Brown Realty of Baltimore. Anchor tenants included Raleigh Rescue Mission, Family Dollar and Rite Aid. The Raleigh office of Cushman & Wakefield represented the Seller.

Interstate Centre

Columbia, SC

WWD Associates, led by Waters Investments sold this 43,000sf industrial building to an affiliate of the tenant, Williams Strength, Rob Lapin of NAI Avant represented the Buyer and Marty Waters of Waters Incorporated represented the Seller.