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First Palmetto purchases 1111 Broad St. building

Posted: December 20, 2012 5:36 p.m.
Updated: December 21, 2012 5:00 a.m.
Denise Schnese/C-I

First Palmetto Bank recently purchased the tallest office building in Camden. The four-story brown brick building Located at 1111 Broad Street sits adjacent to the bank’s operations center and is ear-marked to house future operation functions.

According to a copy of a deed transaction obtained online from the Kershaw County Register of Deeds, First Palmetto purchased the building Dec. 6 from Robert E. David Inc. for $10 and “other valuable consideration” totaling $895,000.

“Long range plans for First Palmetto is to use it to house our bank operations in the future for our whole network of branches throughout the state,” said First Palmetto Bank President and CEO Samuel R. Small in confirming the purchase.

Currently, 1111’s first floor is vacant, but houses tenants on remaining floors including Agilis Engineering, Social Security Administration, Family Resource Center, attorney offices, and several small businesses.

Small stressed that First Palmetto would like for the present tenants to remain in the building.

“We intend for the present lessees to stay in the building. We intend to keep it in first class shape and we intend for our tenants to stay there,” said Small.

One of those tenants is attorney John “Jack” West Jr., whose office is located on 1111’s fourth floor. His father, Gov. John Carl West Sr., owned the land and built the building with a handful of partners in 1974.

Jack West recalled that in 1975 when he returned from serving in the army in Seattle, Wash., his father had just left the governor’s office after serving for a single term. Jack West then joined his father as a junior associate in the firm of West, Bendorf, Cooper, Bowen and Smoot located in 1111 Broad Street property.

Jack West said he plans for his office to remain at the location and jokingly added, “As long as I pay my rent, I should be able to stay.”

Online records obtained from the Kershaw County Assessors Office lists the property as having 34,447 square feet of office space with an additional 26,166-foot parking deck behind the building. Records also list the total taxable value of the property at $1.09 million.

The assessor’s information indicated that Jack West sold the property in 1993 to Colonial Savings Bank for $850,000, which then sold it to Robert E. David Inc. for $500,000 in 2001.

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