Marcus & Millichap Real Estate negotiated the sale of the Farrow Road Business Center in Columbia, S.C.

The value of the transaction was $13.5 million.

The Farrow Road Business Center is located at 8911 Farrow Road near I-77 and I-20. The two-tenant property was constructed in 1994 and renovated in 2001. The sale includes 94,020 rentable square feet on a 5.8-acre lot. The State of South Carolina and Webster University occupy the entire building under long-term lease agreements.

A local private investor sold the property to a Meridian, Idaho-based investment partnership.

Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage.

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