M&J Wilkow and Capitol Center are very pleased to announce the lease renewal of the South Carolina Budget & Control Board. After lengthy negotiations, the ten-year, 80,000 square foot renewal was finalized this past December. The Budget & Control Board represents the Capitol Center's largest tenant, occupying four of the building's 25 floors.
Located in the heart of Columbia's Central Business District, Capitol Center is a Class "A" 25 story office building constructed in 1987 from reinforced concrete with exterior metal curtain walls and vision glass, the property contains a total of approximately 460,000 RSF with a typical floor having 20,000 RSF. The building features a two-story, newly renovated lobby atrium with access from Main Street and Gervais Street. The 25th floor offers a private dining club with views of the State Capitol. Capitol Center is the largest office tower in Columbia.
The South Carolina State Budget and Control Board (S&P Rating: AA) plays a key role in the general management of state government. The institution is unique to South Carolina and provides a broad array of services to other parts of the public sector as well as administrative and regulatory functions.
The Board is made up of the Governor, the Treasurer, the Comptroller General, the Chairman of the Senate Finance Committee, and the Chairman of the House Ways & Means Committee. Major functions of the Board are administered through the Office of the Executive Director and its consolidated divisions. An independent auditing function is administered through the Office of the State Auditor. The State Auditor's Office performs the audit of the State's General Purpose Financial Statements, and the Single Audit of the State's Schedule of Expenditures of Federal Awards. (http://www.bcb.sc.gov/)