529 King Investors LLC recently purchased the former Dixie Furniture space at 529 King Street. The 24,000-square-foot property sold for $6.75 million. Buist Byars & Taylor LLC represented the buyer in the transaction.
The Charleston Board of Zoning Appeals has unanimously approved plans submitted for 50 hotel rooms, along with retail space on the ground floor; however, specific plans have not been determined yet.
Benjamin E. Nickoll manages 529 King Investors LLC, and owns several other commercial properties in downtown Charleston.