Greenville, South Carolina, October 1, 2025
News Summary
The Greenville Transit Authority has sold its downtown property located at 106 and 154 Augusta St. for $8.1 million to Accente Group Inc. This site, designated for mixed-use development, spans 2.85 acres and includes Greenlink’s former maintenance facility. The sale’s proceeds will help fund new operations and maintenance facilities for Greenlink. Accente Group has also signed a voluntary cleanup contract with environmental authorities regarding the property, highlighting the importance of redeveloping the site for community enhancement.
Greenville, South Carolina
The Greenville Transit Authority has completed the sale of its downtown property located at 106 and 154 Augusta St. for $8.1 million to Accente Group Inc., a hotel management and real estate development company based in the Upstate. The sale was conducted through RNKS Augusta St LLC and was finalized following approval by the Transit Authority board of directors on February 27. The deed for the property was officially recorded on August 28, marking the completion of the transaction.
The property encompasses 2.85 acres and is designated for future mixed-use development. It is zoned MXS-D (Downtown Shopfront District), which allows for high-density mixed-use developments. Currently, the site includes Greenlink’s former maintenance facility and a public parking lot. Greenlink’s maintenance operations have already relocated to a new facility at 205 Arcadia Drive, which opened in 2024.
Treasured as an important asset, the proceeds from this sale will contribute to funding the recently established operations and maintenance facility for Greenlink. To facilitate the sale, the Greenville Transit Authority had initiated an invitation to bid for the property in 2023. Real estate firms Colliers and Christopher David Properties were engaged in October 2024 to assist in the sale process.
During the bidding process, four offers were received. Although a Delaware-based company, Thalweg Capital Management LLC, submitted a higher initial bid of $10 million, that deal did not materialize. Other bidders expressed interest in using the location primarily for parking, but their proposals did not align with the zoning requirements set forth for the property.
While specific redevelopment plans for the property by Accente Group have yet to be announced, it is noteworthy that the company has signed a voluntary cleanup contract with the South Carolina Department of Environmental Services regarding the site. A sign at the location states that Accente Group will assess the environmental conditions of the land and undertake necessary corrective actions prior to moving forward with any development activities.
Conclusion
This sale signifies a critical step in the ongoing evolution of downtown Greenville, as redevelopment could enhance the local community and economy by implementing mixed-use projects in the area, although no details have been provided by Accente Group at this time.
Frequently Asked Questions
What property was sold by the Greenville Transit Authority?
The Greenville Transit Authority has sold its property located at 106 and 154 Augusta St. in downtown Greenville.
Who bought the property and how much was it sold for?
The buyer is Accente Group Inc., and the sale was completed for $8.1 million.
When was the sale finalized?
The purchase and sale agreement was finalized and approved by the Greenville Transit Authority board of directors on February 27 and the deed for the property was recorded on August 28.
What is planned for the property?
The property spans 2.85 acres and is intended for future mixed-use development.
What is the zoning of the property?
The two parcels are zoned MXS-D (Downtown Shopfront District), suitable for high-density mixed-use developments.
What was located on the property before the sale?
The site currently houses Greenlink’s former maintenance facility and a public parking lot.
Where has Greenlink’s maintenance operations moved to?
Greenlink’s maintenance operations have moved to a new facility located at 205 Arcadia Drive, which opened in 2024.
What will the proceeds from the sale be used for?
The proceeds from the property sale are intended to fund the new operations and maintenance facility.
Were there other bidders for the property?
The Greenville Transit Authority had originally issued an invitation to bid for the property in 2023, and four bids were received. Delaware-based Thalweg Capital Management LLC made a higher initial bid of $10 million, but this deal fell through.
What environmental actions are being taken regarding the property?
Accente Group has signed a voluntary cleanup contract with the South Carolina Department of Environmental Services regarding the property.
Key Features of the Property Sale
| Feature | Details |
|---|---|
| Property Address | 106 and 154 Augusta St, Greenville, SC |
| Sale Price | $8.1 million |
| Buyer | Accente Group Inc. |
| Property Size | 2.85 acres |
| Zoning | MXS-D (Downtown Shopfront District) |
| Previous Use | Greenlink’s former maintenance facility and a public parking lot |
| Future Use | Mixed-use development |
| Relocation | Greenlink’s maintenance operations moved to 205 Arcadia Drive |
| Environmental Actions | Voluntary cleanup contract with the South Carolina Department of Environmental Services |
Deeper Dive: News & Info About This Topic
HERE Resources
Galeana Automotive Group Exits Florida and South Carolina Markets
Logan Reserve Greenville SC Homes for Sale: Neighborhood Guide
Bass Pro Shops Faces Scrutiny Over Tax Evasion Claims
Retail Resurgence in Downtown Wilmington
Denholtz Expands Footprint with Greenville Industrial Park Acquisition
OTO Development Acquires Hyatt House Dallas/Uptown
Comunidad Partners Acquires The Haywood for Renovation
Controversy Erupts Over Proposed Logan Reserve Subdivision
Stroud Supply Expands with New Warehouse Lease in West Columbia
Greenidge Generation Terminates Deal with Data Journey in Spartanburg
Additional Resources
- Upstate Business Journal: Greenville Transit Authority Downtown Property Sold
- Colliers: Greenville Transit Authority Lists Downtown Greenville West End Land Parcel for Sale
- Post and Courier: Greenlink Augusta Street Mixed Use Development Pollution
- WYFF4: Greenlink New Facility
- Post and Courier: Greenlink Bus Property Sell to Thalweg Capital Greenville
- Wikipedia: Greenville, South Carolina
- Google Search: Greenville Transit Authority
- Google Scholar: Greenville Property Sale
- Encyclopedia Britannica: Greenville South Carolina
- Google News: Greenville Business
Author: STAFF HERE GREENVILLE
The HERE Greenville Staff Writers are a collaborative team of journalists, editors, and local contributors passionate about delivering accurate, timely information to the Greenville community. As part of the HEREcity.com Network, which powers over 100 U.S. city sites including HEREcolumbia.com, our staff draws on collective experience in South Carolina journalism to cover everything from business sales and real estate developments to dining deals and community initiatives. Our Expertise and Background Local Roots in Greenville Our team includes lifelong Greenville residents and SC natives with deep knowledge of the area’s history, economy, and culture. We’ve covered key events like the recent sales in the Heritage Historic District 17 , Greenville’s textile and railroad heritage 2 , and growth in local education sectors (e.g., Greenville Technical College programs) 27 . Collective Experience With over 50 combined years in journalism, our staff has backgrounds in print, digital media, and community reporting. We prioritize fact-based stories, drawing from sources like the Greenville Chamber of Commerce, city government records, and on-the-ground interviews. Commitment to Quality Every article is a group effort, involving research, editing, and verification to ensure reliability. We adhere to journalistic standards, citing credible sources and updating content as new details emerge.
