Brand new office and hotel park hits the market, only minutes from the Charleston International airport

LAUNCH Charleston development to bring business to the end of the proposed new airport road

The proposed road to the Charleston International airport has already attracted a major office and hotel development. Developed by experienced and proven Rushmark Properties, LAUNCH Charleston will be a modern, innovative office and hotel multi-use park located at the end of the proposed road, off of Montague Road.

“With Charleston County’s proposal for a new entry road to the airport, we recognized an opportunity to bring businesses and hotels to the Montague Road interchange with I-526,” said Bill Marcotte, Senior Vice President of Rushmark Properties. “There hasn’t been as much new office construction in recent years in this part of Charleston, and we saw our chance to build something modern, innovative and fresh in an ideal location for business.”

LAUNCH Charleston, as detailed on the property website, launchcharleston.com, will feature four four-story office buildings with more than 100,000 square feet of fully customizable space each, as well as three hotel pads ready for development. The park will feature many of the modern features and amenities that create a beautiful space for working, as is becoming more common as employers seek to attract and retain top talent, such as a reflection pond and walking paths throughout the park.

“Everything about LAUNCH has been designed to help propel business forward by being as collaborative, innovative and flexible as possible,” said Peter Fennelly, Market President of Colliers International’s office in Charleston. “Its key location near the airport and off of I-526 make it an unmatched opportunity for businesses who travel or welcome national and international clients on a regular basis. It’s the perfect business park as Charleston builds its global presence.”

Colliers International has been assigned the leasing of the office park and the management of the hotel bidding process. The team for the office portion of the park includes local office market experts Peter Fennelly, Market President; Mark Mattison, Principal; and Mike Palmer, Brokerage Associate. The hotel-focused team, meanwhile, includes development experts Daniel Pellegrino, Senior Brokerage Associate; Seth Clark, Senior Brokerage Associate; and Adam Griffin, Brokerage Associate.

About Colliers International

Colliers International | South Carolina has over 160 staff members, including 57 real estate professionals. Total brokerage volume for the firm in 2015 was approximately $574.75 million involving over 767 sales and leasing transactions. Colliers International is the largest manager of commercial property in South Carolina and is an Accredited Management Organization (AMO) through the Institute of Real Estate Management (IREM), with a portfolio in excess of 14 million square feet of office, industrial, retail and healthcare properties. Colliers International’s staff holds 56 professional designations, the most of any firm in South Carolina.

Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is an industry leading global real estate services company with more than 16,000 skilled professionals operating in 66 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 11 consecutive years, more than any other real estate services firm.