Greystar Announces Opening of Multifamily Development in Downtown Charleston

The Guild Opens in Mid-March; Marks First Phase of the Mixed-Use Development Project
Comprises 226-units and 20,000 Square Feet of Ground Level Retail

CHARLESTON, S.C.--()--Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development, and management of rental housing properties, today announced that The Guild, a 226-unit, 8-story mid-rise community, located at 128 Columbus Street in the heart of Downtown Charleston, will welcome its first residents in mid-March. With pre-leasing underway, the opening will serve as the first phase of the highly anticipated project – a 12-acre mixed-use development that will contribute to the ongoing transformation of the historic neighborhood.

“We are thrilled to open The Guild and welcome our first residents to the community”

“We are thrilled to open The Guild and welcome our first residents to the community,” said Bob Faith, Chairman and CEO of Greystar. “The project’s stellar location coupled with the exquisite apartment homes and remarkable views is absolutely unrivaled in the market. The community has had an overwhelming response and we look forward to the continued momentum of this multifaceted development and believe it is a great addition to Charleston.”

The Guild is well-located at Columbus Street between King and Meeting Streets in the heart of the Upper King shopping and dining district. The development will feature studio, one, and two-bedroom floorplans with state-of-the-art amenities including the latest design elements and 11-foot ceilings. Building amenities include a rooftop pool overlooking Charleston Harbor; a clubroom; a hospitality bar and lounge; outdoor spaces complete with a kitchen, grills and a fire pit; a fitness center; a secure package locker system; controlled access parking, bike storage and bike repair essentials. In addition, The Guild will offer concierge and resident lifestyle services supported by a team of on-site professionals. Convenient ground level retail shops and restaurants add to the community’s strong appeal.

The second phase of the project will include The Greystar Building, which is expected to be completed this summer. Greystar plans to move its headquarters into the new mixed-use development. The Guild and The Greystar Building will offer retail space available for rent. For more information on The Guild, please visit www.theguildchs.com.

About Greystar

Greystar is a leading, fully integrated multifamily real estate company offering expertise in investment management, development and property management of rental housing properties globally. Headquartered in Charleston, South Carolina with offices throughout the United States,

Europe, Latin America and Asia-Pacific, Greystar operates in over 130 markets globally and is the largest operator of apartments in the United States, managing over 420,000 units, with an aggregate estimated value of approximately $80 billion. Greystar also has a robust institutional investment management platform dedicated to managing capital on behalf of a global network of institutional investors with over $23 billion in gross assets under management including more than $8 billion of developments that have been completed or are underway. Greystar was founded by Bob Faith in 1993 with the intent to become a provider of world class service in the rental housing real estate business. To learn more about Greystar, visit www.greystar.com.

Contacts

Media:
ICR, Inc.
Jason Chudoba, 646-277-1249
Jason.Chudoba@icrinc.com

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