7 TCBY restaurants sold in Charleston, Mount Pleasant, North Charleston and Summerville

Seven frozen treat shops recently changed hands across the Lowcountry through a new restaurant brokerage franchise in the Lowcountry.

Richard Thames of St. Stephen bought the TCBY franchised locations, according to Emily Benedict of the Charleston branch of Florida-based We Sell Restaurants, which brokered the sale. The seller, which retained a location on James Island, did not want to be identified. Financial terms were not disclosed.

The seven stores are made up of three in East Cooper at Belle Hall, Mount Pleasant Towne Centerand Mount Pleasant Square; two in North Charleston at Tanger Outlets and Wescott; one in Summerville at Azalea Square; and one in West Ashley at South Windermere.

Salt Lake City-based TCBY sells frozen dessert offerings with hundreds of flavor and topping combinations, including low-fat and vegan.

We Sell Restaurants opened a franchise in Charleston in the spring. The brokerage firm specializes in restaurant sales only, according to Benedict.

The new franchise is owned and operated by three partners: Benedict, Tradd Bastian and Bernie Bastian.

It’s the fourth franchise for the company in South Carolina. New territories in Columbia, Spartanburg and Greenville opened last year.

Tradd Bastian serves as president and CEO of the new Lowcountry franchise. He owns and operates Bastian & Associatesa Charleston brokerage firm representing residential and commercial clients.

Bernie Bastian, a licensed broker at Bastian & Associates, oversees commercial development and the new restaurant brokerage.

Benedict has seven years of experience as a real estate agent and more than 20 years as a commercial contracting partner and business development consultant. In addition to sale brokerage, she handles operations, finance, public relations and marketing for the new franchise.

“Our collective familiarity and experience with real estate and the restaurant industry makes the new franchise partnership a no-brainer,” said Tradd Bastian. “We match people with great business opportunities.”



Pepper Hall

A rendering shows the planned clubhouse at the new Pepper Hall Apartment development which recently broke ground in the Bluffton-Hilton Head Island area. Provided


Breaking ground

A new multifamily development with Charleston ties recently broke ground near Hilton Head Island.

Real estate private equity firm Acre partnered with Charleston-based Southeast Partners in the 331-unit Pepper Hall Apartments near Bluffton.

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It’s expected to open in the spring of 2024. A spokesman declined to disclose the investment amount for the new apartments.

Located 11 miles west of Hilton Head Island within a newly developed, mixed-use master-planned community, Pepper Hall will feature a mix of one- and two-bedroom residences, with an average size of 938 square feet.

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Amenities will include a clubhouse, resort-style pool, fitness center, yoga studio and pocket parks adjacent to each building.

“Acre remains focused on identifying unique multifamily and single-family development opportunities in high-growth coastal markets in the Southeast,” said Bret Hewettvice president of acquisitions.

Acre has offices in Atlanta, New York and Singapore.



Peterson Meadows home

A new model home is on display in the Peterson Meadows development by Mungo Homes near Summerville and Nexton. Mungo Homes/Provided


Modeling

A new community near Summerville and Nexton now has a model home on display.

Peterson Meadows by Mungo Homes offers 170 one- and two-story residences, ranging in size from 1,700 to 3,000 square feet and starting at the high $300s.

Offering 10 floorplans, they come with three to six bedrooms and two to four baths with many designs featuring the primary bedroom on the first floor.

Charleston condos being converted to College of Charleston student housing project

Most plans include a designated home office, flex or bonus room for homeschooling or working from home, or as an extra bedroom.

Planned future amenities include walking and biking trails, a three-acre park, playground, activity fields and an oyster shed. Carolina One New Homes is handling sales.

The housing development is on Torslanda Lane off Jedburg Road.

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