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13 February . 2024

Nexton Announces 3,000 Home Sales

SUMMERVILLE, S.C. – February 13, 2024 – Today, Nexton, the most innovative and walkable community in South Carolina, announced the sale of its 3,000th home since starting sales in 2014.

Named the 2023 Residential Master-Planned Community of the Year by the Southeast Building Conference, Nexton has established itself as a live-work-play destination that features dining, shopping, services and hospitality. As part of the solution to growth in the region, Nexton has delivered over 500,000 square feet of office space, attracting thousands of jobs, all in a walkable and bikeable environment adjacent to I-26.

“As we reflect on Nexton’s 3,000th home sale, we remain committed to our vision of a vibrant community,” says Brent Gibadlo, Senior Vice President for Brookfield Properties. “With a thoughtful approach to design, a diverse mix of uses and commitment to innovation, Nexton is constantly evolving and striving to set the standard for master-planned communities.”

Nexton is a lifestyle-driven destination that offers conveniences such as state-of-the-art schools, grocery stores, modern infrastructure, 20 miles of trails and 2,000 acres of green space, all with programming designed to bring these spaces to life. The community continues to attract local buyers, relocating families and retirees, giving tremendous diversity to the resident base. Additionally, high-quality apartment communities offer the renter-by-choice a wide array of options, who often choose to buy homes and stay in the community once settled. Since its inception, Nexton has prioritized creating a thoughtful and neighborly environment.

Nexton’s four unique neighborhoods feature local and national builders and include a diverse array of homes including villas, townhomes, cottages and single-family homes, with home prices ranging from $300,000 to over $1 million with an average home price of $500,000.

Within 15 miles of the area’s major employers including Volvo, Boeing and newcomer Redwood Materials, Nexton provides a seamless relocation experience for individuals relocating to the area for work, providing the ability to quickly assimilate into the Charleston area while living and working within a quick commute.

For media inquiries, email nexton@louhammond.com.

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About Nexton
Nexton is owned by a subsidiary of North America Sekisui House, LLC (NASH), and is managed by Brookfield Properties. These partners share a deep commitment to sustainable development practices and apply these core values to the vision, planning and development of their communities. Recognized as the No.1 master-planned community in the U.S. by the National Association of Home Builders (NAHB), Nexton is currently one of the Top 30 best-selling communities in the nation. For more information, visit nexton.com.

About Brookfield Properties
Brookfield Properties is a leading global developer and operator of high-quality real estate assets. We are active in nearly all real estate sectors, including office, retail, multifamily, hospitality, and logistics, operating more than 800 properties and over 380 million square feet of real estate in gateway markets on behalf of Brookfield Asset Management, one of the largest asset managers in the world. With a focus on sustainability, a commitment to excellence, and the drive for relentless innovation in the planning, development, and management of buildings and their surroundings, Brookfield Properties is reimagining real estate from the ground up. For more information, visit www.brookfieldproperties.com.