The retail strip at George and St. Philip streets near the College of Charleston campus has been sold for the second time in three years.
Truluck Industries, a local holding company owned by the Truluck family, purchased the strip anchored by CVS and Caviar & Bananas for $12 million, according to Charleston County property records. The tenants, which also include local boutique House of Sage and the sandwich shop Jimmy Johns, will not be affected by the transaction.
The sellers were Greer-based Randolph Freezer LLC and a Colorado entity called Red Sled Properties LLC, which bought the retail site in 2011 for $9.5 million.
Truluck Industries seems to be on a real estate reinvestment spree of late after the family sold land in North Charleston last year to the state for $35.2 million to accommodate Boeing South Carolina's as-yet unspecified expansion. The company also recently purchased the Hammock Shops, a landmark gift shop center along U.S. Highway 17 in Pawleys Island, for $6.1 million.
Soon to Bee
Butcher and Bee is carving out a fresh niche and spreading its wings. The gourmet deli and late-night eatery has a retail project in the works at 652 King St., near the restaurant on Upper King. Billed as The Daily, the shop will center on grab-and-go prepared foods, a coffee and juice bar, and displays of fine wine and freshly baked breads. It's just entering the city's approval process, so it could be some time before the project begins.
A new leaf
Mia Pomodori, a pizzeria at 212 Rutledge Ave., closed last week after nearly three years on the block between Spring and Cannon streets.
The small space has been leased by the owners of Leaf restaurant at 15 Beaufain St., according to Patrick Price of The PrimeSouth Group.
Two area Huddle House locations will be revamped by the end of the year. The restaurant on James Island at 933 Folly Road and at 404 Highway 52 in Moncks Corner will be remodeled under the chain's new prototype design that features more lighting, updated seating and a new "tower entrance," ac-cording to a company re- lease.
The Atlanta-based restaurant chain has launched an initiative that will help update 30 percent of its franchise locations with the new design by the end of the year.
Reach Abigail Darlington at 937-5906 and follow her on Twitter @A_Big_Gail
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