Charleston, South Carolina lowcountry marsh
Charleston, South Carolina — Since 2005

Disciplined real estate investment, built for the Charleston market.

Cobalt Property Group acquires, develops and repositions office, industrial and residential real estate across the Charleston, SC MSA — from off-market value-add buildings to ground-up luxury homes on the barrier islands.

2005 Firm Founded
$250M+ Acquired & Developed
20+ Years in Charleston
Office · Industrial · Residential Investment Focus
Our Approach

Middle-market opportunities, off-market relationships.

"Opportunities existed in Charleston due to the lack of purchasers in the middle market — too large for most single investors, and too small for larger institutional investors."

Founded by Patrick Marr in 2005, Cobalt Property Group and its predecessor companies have spent more than twenty years identifying value-add investments across the Charleston, SC MSA that fall between individual investors and institutional capital. During its first three years alone, Cobalt purchased more than $90 million of office and multifamily properties, establishing Cobalt Commercial Services as a fixture in the Charleston market.

Since then, Cobalt has expanded into industrial properties through an affiliation with WRS, one of the Southeast's leading retail developers, and into the ground-up development of luxury homes on Sullivan's Island and the Isle of Palms through its Cobalt Residential division.

Read Our Story
25 Calhoun Street, Charleston, SC
What We Do

Three divisions. One disciplined strategy.

Cobalt invests across product types in a single market it knows intimately — always with a value-add or ground-up component.

Featured Investments

A selection of past and present projects
174 Meeting Street, Charleston, SC

174 Meeting Street

Charleston, SC — Office

A 47,000 SF Class A office building, purchased in 2017 and sold in 2022 at a premium to acquisition price, 100% leased throughout the hold.

2302 Middle Street, Sullivan's Island, SC

2302 Middle Street

Sullivan's Island, SC — Residential

A vacant historic property converted into four luxury condominiums, winner of the 2019 South Carolina AIA award for Best Adaptive Reuse.

Varnfield Industrial Park, Summerville, SC

Varnfield Industrial Park

Summerville, SC — Industrial

53,000 SF among three light industrial buildings, repositioned with a value-add strategy that has more than doubled market rents.

Building on twenty years in the Charleston market.

Cobalt Property Group welcomes inquiries from family offices, high-net-worth individuals and capital partners aligned with our middle-market, value-add strategy.

Get in Touch