Northbridge Executive Park Sells for $14.5 Million
A limited liability corporation acquired the three-acre West Ashley office campus on September 16, 2026.
Updated on Oct. 21, 2026 in Commercial
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An office campus at 1176 and 1180 Sam Rittenberg Boulevard in Charleston sold for $14.5 million. The property features two office buildings and a parking lot across three acres.
Why it matters
The sale highlights significant appreciation for the Charleston office site, which previously traded for $5.4 million in 2019. The acquisition reflects ongoing market activity for professional spaces in the West Ashley area.
The campus spans 3 acres and includes a 37,082-square-foot building constructed in 1986 alongside a newer 2023 expansion. An associated parking lot accounts for 0.77 acres of the site.
The players
Damon Navarro
The previous owner who sold the Northbridge Executive Park property after acquiring it seven years earlier.
Colliers
A professional real estate services firm that provided representation during the transaction.
CORE Commercial Partners
A commercial real estate firm involved in the professional brokerage of the office park sale.
The details
The transaction was facilitated by Colliers and CORE Commercial Partners after a previous contract for the site fell through. The existing 1176 Sam Rittenberg Boulevard facility remains fully occupied by medical tenants.
Timeline
Damon Navarro purchased the property in 2019.
The secondary office building was finished in 2023.
The sale of Northbridge Executive Park closed on September 16, 2026.
Culture Shift
This transaction aligns with broader regional trends of high-value commercial asset rotation in suburban Charleston markets. Investors continue to capitalize on modernized facilities as office park ownership structures shift toward specialized portfolios.
Local residents and patients visiting the medical facilities at 1176 Sam Rittenberg Boulevard should not anticipate immediate disruptions to current services. The transaction primarily shifts ownership of the land and structures between institutional entities.
The takeaway
The significant price increase since 2019 underscores the ongoing demand for established office parks in growing urban corridors. Investors looking to enter the market should note that professional representation remains a key factor in closing complex commercial contracts.
Further reading
For more updates on regional property deals, visit the Charleston Commercial section.
Source note: This article includes information reported by Post and Courier.
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