News release

Two-property Myrtle Beach boutique office portfolio sells

JLL Capital Markets led the sales efforts for Two Founders & Three Corporate Centre

November 30, 2022

Kristen Murphy

Capital Markets, Hotels & Hospitality and Value & Risk Advisory PR
+1 617 848 1572

CHARLOTTE – November 30, 2022 – JLL Capital Markets announced today that it has completed the sale of Two Founders & Three Corporate Centre, two boutique office properties totaling 80,504 square feet in Myrtle Beach, South Carolina.

JLL represented the seller.

Two Founders is located on 3.66 acres at 611 Burroughs and Chapin Blvd. Three Corporate Centre occupies a 3.01-acre site at 2024 Corporate Centre Dr. Both properties offer tenants easy access to Downtown Myrtle Beach and the area’s two major thoroughfares, Highways 17 and 501. Myrtle Beach, which has been ranked as one of the fastest growing cities in the Southeast, has a growing business district that is currently home to more than 25 international companies.

Two Founders and Three Corporate Centre were completed in 2003 and 2002, respectively. The diverse rent roll is represented by companies in the technology, engineering, healthcare, tourism and financial services industries, among others.

The JLL Capital Markets team representing the seller was led by Director Daniel Flynn, Senior Managing Director Ryan Clutter and Analyst Sarah Holloway.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales advisory, debt placement, equity placement or a recapitalization. The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.

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About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 102,000 as of September 30, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.