Alfred L. Saad, III
Partner, Developer

Phone: (803) 252-4222
Contact Via Email

Mr. Saad is a native of Greenville, South Carolina and has served as president of Foster, Saad & Company, Ltd. since 1986 and A.L. Saad & Company since 1982.  Al is a 1970 graduate of the University of South Carolina and holds a degree in Business Administration.  Mr. Saad has been Broker in Charge for the company for over 20 years.

Throughout his career, Mr. Saad’s results-oriented approach has enabled him to recognize and develop potential in a diverse range of real estate development and management projects.  Al began his career as an accountant with the South Carolina Employment Security Commission in the early 70’s.  He joined Joe Edens Real Estate in Columbia, South Carolina in 1971 as a sales and leasing associate.  While with the Eden’s brokerage firm, Al represented income properties exclusively and managed office and apartment buildings.  In 1973, Mr. Saad joined Joe Jenkins Realty in Columbia where he assumed responsibility for all phases of real estate development including negotiations for shopping centers, motel and office park sites, as well as multi-family projects.  Grenadier Corporation in Columbia employed Mr. Saad in 1974 and he became a partner with responsibility for all phases of development and leasing of a 300,000 square foot enclosed mall (Woodhill Mall, Columbia, SC), which was sold in 1982 for $10MM.

 In 1998, Al acquired the Outlet Pointe Mall (now known as Outlet Pointe Center) consisting of 188,000 square feet.  Through his innovative approach, he transitioned the retail mall into an office complex, which is now at 100% occupancy.  He has developed properties through acquisition and redevelopment, as well as new initiatives including single tenant retails like Auto Zone and O’ Reilly Stores.  Additionally, he has headed larger vertical development like Wood Hill Mall, TD Bank (1501 Main Street), Bell South Headquarters, Sara Lee, Xpedx and Cummings Distribution Centers with development costs from $1MM to $25MM.

Mr. Saad continues to pursue the development of income properties including office buildings, retail centers, industrial warehouses and apartments throughout SC.