Shareholder John D. Gray, Jr. of NAI Earle Furman represented Run Well Ranches, LLC, in the recent acquisition of 2,614 acres of legacy farmland in the Upstate of South Carolina
His client of more than 20 years sold a cattle ranch in Texas, and Gray assisted with facilitating a 1031 tax-deferred exchange into the burgeoning Upstate market.
The acquisition consisted of two transactions located in Anderson County, Greenville/Laurens Counties and included 23 assembled separate parcels. The combined purchase price totaled approximately $50,225,000…