August Spencer
(Logo Courtesy of Peakline Real Estate Funds)
Peakline Real Estate Funds ("PREF") on June 10, 2025, announced its latest Opportunity Zone investment, Markley + Main, a multifamily development located in the West End Historic District of Downtown Greenville, South Carolina.
This investment is part of Peakline's Qualified Opportunity Zone (QOZ) program, which has invested over $1.2 billion of equity across three funds since 2018.
The QOZ program provides private investment capital to fast-growing economies across the country, supporting long-term capital gains for investors and contributing to community development.
Peakline's QOZ portfolio includes multifamily, retail and office projects totaling more than 5.2 million square feet and $3.5 billion of total gross market value.
PREF's QOZ strategy focuses on institutional, core quality real estate assets in markets with good fundamentals.
Said Mike Miller, co-founder and president of Peakline Real Estate Funds: "As we look ahead to a potential QOZ expansion in the tax bill currently making its way through the Senate, we're proud of our work over the last few years, as we partnered with developers to create thousands of jobs, housing and commercial activity in these targeted areas."
Markley + Main is being developed in partnership with SunCap Property Group and will feature a single six-story residential building comprising 277 apartment units, totaling approximately 258,763 square feet of net rentable area.
The project will offer tenants a mix of one-bedroom, two-bedroom, and three-bedroom units.
Planned amenities include a resort-style pool, clubhouse, co-working areas, rooftop lounge with stadium views, fitness center, pet spa, game room, and a golf simulator.
The site offers a walkable setting near Main Street, with access to local retail, dining, entertainment, and major employers.
Nearby attractions include Fluor Field, home of the Greenville Drive; Falls Park and the Peace Center; as well as the upcoming Trueline music venue.
Construction is slated to begin soon, with completion and initial occupancy expected in 2027.
With over 28 million square feet of commercial properties developed — including 2.1 million SF in the Greenville-Spartanburg market — SunCap is a real estate development firm with experience in multifamily, mixed-use, and industrial projects.
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