News
The Cassina Group Sets Real Estate Record with Penthouse Sale
Robertson Allen, founding partner and broker-in-charge at The Cassina Group, represented the seller of 18 Broad St. #801—the penthouse in the Peoples Building. The historic sale closed for $12 million, setting the record for the most expensive residential property ever sold on the Charleston peninsula.
The penthouse also includes a 1,500-square-foot master suite and a second floor with two guest suites, a full kitchen and lounge. The wrap-around rooftop terrace serves as a mecca of relaxation and recreation with the best views in all of Charleston.
The property was listed in October by Robertson Allen of The Cassina Group, but it had previously been on the market with other firms in 2014 and 2017. Within 12 weeks of listing the property, Allen secure a ratified contract.
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