Jones Day advised Henderson Park Capital Partners on the deal.
Henderson Park Capital Partners (“Henderson Park”) and South Street Partners (“South Street”) have formed a joint venture (the “JV”) to acquire Palmetto Bluff, one of the largest remaining contiguous entitled waterfront properties on the East Coast.
Palmetto Bluff is situated in the Lowcountry of South Carolina between Charleston and Savannah, Georgia. As one of the largest remaining waterfront properties on the East Coast, Palmetto Bluff is evolving as a vibrant residential and recreational preserve enriched by wilderness and wildlife and enhanced by a commitment to conservation.
The 20,000-acre property is surrounded by 32 miles of riverfront and features extensive nature trails; two vibrant village centers complete with river access, boat storage and canoe club; a distinctive food and beverage program; the Forbes’ Five Star Montage Palmetto Bluff resort; and a Jack Nicklaus Signature Golf Course. An array of southern-style residential neighborhoods ranging from multi-million-dollar legacy family compounds to more traditionally sized, single-family lots are currently available.
The Jones Day team was led by Robert Lee (Picture), Michael Murray and Michael Austin.
Law Firms: Jones Day;
Clients: Henderson Park Capital Partners LLP;