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Charleston office advisors sold 6,306 SF Bank at 337 E. Main Street

 

Lee & Associates Charleston’s Cameron Yost, Reid Davis, CCIM, SIOR, and Pete Harper, CCIM represented the Seller, Pinnacle Bank in the sale of a 6,306 SF Bank used as an office located at 337 E. Main Street in Moncks Corner, SC. The Buyer, Manzi Opportunity Zone, LLC was represented by Trey Lucy and Blair Belk…

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Posted in: lowcountrybizsc   Category: commercial-real-estate, on-the-move

Nicholson joins Flagship Commercial

 

Chisolm Nicholson recently joined Flagship Properties, an Upstate-based real estate company that offers commercial sales, leasing, and property management services. Nicholson’s role at the real estate organization will include commercial sales and leasing, along with support of the company’s marketing, research, and financial analyses. Previously, he worked with a local real estate company where he…

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Posted in: upstatebizsc   Category: commercial-real-estate, on-the-move

Colliers International brokers lease extension at 1900 Pineview Road

 

Colliers International’s Chuck Salley, SIOR, Dave Mathews, SIOR, Thomas Beard and John Peebles represented Carolina Industrial Properties in a ten-year lease extension for Alpha Media at 1900 Pineview Road in Columbia. “The ownership agreed to make substantial improvements to the property that will serve Alpha Media for many years. Alpha Media is a great asset…

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Posted in: midlandsbiz   Category: commercial-real-estate, on-the-move

Colliers Report: Charleston shop types match changing consumer preferences

 

Key Takeaways The Charleston retail market absorbed 204,454 square feet of shopping center space during the third quarter of 2019. Overall weighted rental rates for remaining shopping center space averaged $16.59 per square foot this quarter – lower than the first two quarters of this year – mostly due to lesser quality space remaining in…

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Posted in: lowcountrybizsc   Category: commercial-real-estate, on-the-move

Colliers International represents Reger Holdings in 280,000-square-foot lease at 10700 Farrow Road

 

Colliers International’s Chuck Salley, SIOR, Dave Mathews, SIOR, Thomas Beard and John Peebles represented the landlord in leasing space to Jushi USA at 10700 Farrow Road in Columbia. The property is part of the Carolinas Industrial Properties portfolio, owned by Reger Holdings LLC, which consists of 39 buildings, 5.5 million square feet and 55 tenants…

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Posted in: midlandsbiz   Category: commercial-real-estate, on-the-move

Cushman & Wakefield | Thalhimer reports the following recent lease transactions in the Charleston area

 

Wells Fargo Bank NA leased 30,848 square feet of office space in The Jasper at 320 Broad St., Charleston, SC.  Ed Kercher handled the lease negotiations on behalf of the tenant. Konica Minolta Business Solutions USA, Inc. renewed its lease of 3,071 square feet of office space at 3520 W. Montague Ave., North Charleston, SC. …

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Posted in: lowcountrybizsc   Category: commercial-real-estate, on-the-move

Trinity Partners represents purchaser in sale of 5506 Platt Springs Road, Lexington, SC

 

Trinity Partners recently facilitated the land sale of 1.6 acres at 5506 Platt Springs Road in Lexington, South Carolina. Partners Nick Stomski, SIOR and Roger Winn, SIOR of Trinity Partners represented the purchaser, AllSouth Federal Credit Union, in the transaction. The seller, RPW Publishing Corp., was represented by Southern Visions Realty. “Given his expertise on…

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Posted in: midlandsbiz   Category: commercial-real-estate, on-the-move

DP3 Architects, Ltd. announces leadership transition

 

Brian S. Thomas, AIA has been named President and Chief Operations Officer of DP3 Architects, Ltd. assuming responsibility for the day-to-day management of the firm. Thomas graduated from Clemson University where he earned undergraduate and Master of Architecture degree. He has been with the firm since 1993 and is the restaurant studio leader for the…

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Posted in: upstatebizsc   Category: architecture, commercial-real-estate, on-the-move

Wilson Kibler releases third-quarter industrial market reports

 

Columbia Industrial Market Continues to Thrive Despite National Economic Concerns For most of the period since May, the yield spread has been negative as a result of tightening monetary policy—a reflection of investor pessimism about inflation and growth that has been exacerbated by the trade war. In early October, though, the spread turned slightly positive…

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Posted in: midlandsbiz   Category: commercial-real-estate, on-the-move

Wilson Kibler releases third quarter market reports: Columbia sees growth in suburban office market

 

For most of the period since May, the yield spread has been negative as a result of tightening monetary policy—a reflection of investor pessimism about inflation and growth that has been exacerbated by the trade war. In early October, though, the spread turned slightly positive following the announcement that the United States and China had…

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Posted in: midlandsbiz   Category: commercial-real-estate, on-the-move

Colliers International brokers represent the landlord and tenant in the leasing of office space to United Community Bank at 1901 Main Street

 

Colliers International | South Carolina’s Allen Wilkerson represented the landlord, AgFirst Farm Credit Bank, and Craig Waites represented the tenant United Community Bank, in leasing office space at 1901 Main Street in downtown Columbia. United Community Bank, headquartered in Blairsville, Georgia, entered the South Carolina market in 2012 and now has 147 offices in South…

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Posted in: midlandsbiz   Category: commercial-real-estate, on-the-move

ROI Commercial recently completed the following transactions

 

ROI Commercial Brokerage team George Meetze and Sherri Burriss worked together to co-broker the following transactions: • Represented the landlord in the lease of 28,000 SF of office/warehouse space located at 971 Harbor Drive in West Columbia to Trane US, Inc. This new location will serve as a regional location for Trane Carolinas, which is…

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Posted in: midlandsbiz   Category: commercial-real-estate, on-the-move

Colliers Report: South Carolina statewide industrial activity intensifies

 

Key Takeaways South Carolina industrial markets continue to absorb record-breaking square footage, this quarter alone the state absorbed 5.43 million square feet. Rental rates continue in an upward trend and averaged $4.32 per square foot during the third quarter of 2019. For additional commercial real estate news, check out our market reports here. South Carolina Ports…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: commercial-real-estate, on-the-move

Trinity Partners represents seller in sale of 2825 Rivers Avenue, Charleston for $335,000

 

Trinity Partners recently facilitated the sale of 2825 Rivers Avenue, a 4,875 square foot building, in Charleston, South Carolina. Trinity Partners Brokerage Associate, Alex Waelde, represented the seller, Jay Nagy, in the transaction. The buyer, Roetech Enterprises, Inc., was represented by Sadler Group of Charleston, LLC. The property is well-located on Rivers Avenue within close…

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Posted in: lowcountrybizsc   Category: commercial-real-estate, on-the-move

Experienced realtors join Flagship Commercial

 

Bart Coleman and Boomer Coleman recently joined Flagship Properties, an Upstate-based real estate company that offers commercial sales and leasing, and property management services. At Flagship Properties, Bart and Boomer will concentrate on retail and distribution-facilities leasing and development. They are integral to the Pelham-Milestone site project; one of the last undeveloped retail parcels in…

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Posted in: upstatebizsc   Category: commercial-real-estate, on-the-move

Tiffany Glover and Mary Lewis of Colliers International receive the REMS Certified Assistant designation

 

Colliers International | South Carolina’s Tiffany Glover and Mary Lewis received the REMS Certified Assistant (RCA) designation through the Colliers University platform. The RCA designation program consists of laborious coursework and is designed to accelerate careers in property management with a curriculum proven to create excellent client experiences and deliver the greatest possible results. “Taking…

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Posted in: lowcountrybizsc, midlandsbiz   Category: commercial-real-estate, on-the-move

Colliers Report: Columbia retail has a steady third quarter

 

Key Takeaways The Columbia shopping center market absorbed 17,717 square feet during the third quarter of 2019; non-core retail space posted negative absorption of 17,583 square feet, while core retail shops absorbed 35,300 square feet. Pop-up shops may appear throughout retail centers more frequently in the next few quarters. Pop-up shops: a bridge to fully…

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Posted in: midlandsbiz   Category: commercial-real-estate, on-the-move

Charleston office advisors leased 2,522 SF at 3955 Faber Place Drive

 

Lee & Associates Charleston’s Pete Harper, CCIM, Reid Davis, CCIM, SIOR, and Cameron Yost represented the Landlord, Faber Charleston Limited Partnership in the leasing of 2,522 SF of Office space located at 3955 Faber Place Drive in North Charleston, SC to the tenant, J.M. Wilson Corporation in September.

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Posted in: lowcountrybizsc   Category: commercial-real-estate, on-the-move

Magnus Development Partners breaks ground on new 180,000 sq ft manufacturing facility

 

Magnus Development Partners continues the development momentum in 2019 with the groundbreaking of Midway Logistics V, a new 180,000 square-foot Class “A” build-to-suit project located in the Lexington County Industrial Park (LCIP). The building will be fully occupied by Kardex Remstar, a Switzerland-based automated storage and retrieval solutions supplier. Occupancy is expected by the second…

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Posted in: midlandsbiz   Category: commercial-real-estate, construction, on-the-move

Cushman & Wakefield | Thalhimer welcomes Senior Portfolio Manager in Charleston

 

Cushman & Wakefield | Thalhimer announces that Lindsay R. Denny has joined the Commercial Property Services team as Senior Portfolio Manager in their Charleston, South Carolina office. Ms. Denny Lindsay has more than 15 years of experience working in the property and project management fields. She will be handling a mixed portfolio of office, retail…

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Posted in: lowcountrybizsc   Category: commercial-real-estate, on-the-move

Blaze Partners acquires Planters Crossing Apartments in Charleston

 

Blaze Partners, LLC announced the acquisition of Planters Crossing Apartments, a 256-unit apartment community located in the North Charleston submarket of Charleston. The asset was acquired by a newly-formed affiliate in a transaction that closed in October 2019. Planters Crossing, located in the heart of North Charleston, offers residents proximity to many of Charleston’s largest employers and the area’s abundant…

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Posted in: lowcountrybizsc   Category: commercial-real-estate, on-the-move

Dominion Realty Partners acquires 180,234 SF office portfolio in Columbia

 

Dominion Realty Partners (DRP) announces the purchase of three buildings in the Synergy Business Park. The 180,234 square foot Office Portfolio is in the highly regarded St. Andrews sub-market of Columbia, SC.  This acquisition adds to DRP’s existing 316,000 square foot office portfolio it acquired in 2018, totaling over 496,000 square feet of office combined…

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Posted in: midlandsbiz   Category: commercial-real-estate, on-the-move

Randolph joins BlackStream International as residential and commercial agent

 

Residential and commercial real estate agent Robbie Randolph has joined BlackStream International Real Estate, a Christie’s International Real Estate affiliate based in Greenville but serving the entire Upstate of South Carolina. In his new role as a member of the award-winning BlackStream | Christie’s International team, Randolph draws on his considerable real estate knowledge to…

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Posted in: upstatebizsc   Category: commercial-real-estate, on-the-move, residential-real-estate

Colliers Report: Columbia’s industrial market is stable with positive absorption

 

  Research & Forecast Report Q3-2019 COLUMBIA, SC | INDUSTRIAL   Key Takeaways Columbia’s industrial market absorbed 627,170 square feet during the third quarter of 2019. Due to Columbia’s central location within a state thriving on industrial manufacturing and distribution, industrial activity is predicted to be steady in the coming quarters. Robotics are shifting much…

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Posted in: midlandsbiz   Category: commercial-real-estate, on-the-move

ROI Commercial, LLC

 

ROI Commercial is a full-service commercial real estate firm based in Columbia, SC, consists of all seasoned professionals with over 60 years of combined experience. The team’s in-depth knowledge and experience covers all aspects of commercial real estate to include Retail, Office, Industrial, Land and Investments within all specialties. ROI Brokers are committed to maintaining…

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Posted in: midlandsbiz   Category: commercial-real-estate

ROI Commercial closes on +/-21,000 square foot flex building in Lexington County

 

Sherri Burris, a Broker and Principal at ROI Commercial, represented Radius Church in the purchase of a 21,000 square foot office and flex building and 4.68 acres at 4335 Augusta Hwy, Gilbert, SC. This will be the new location for the growing congregation that currently meets at Rocky Creek Elementary. George Meetze, a Broker and…

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Posted in: midlandsbiz   Category: commercial-real-estate, on-the-move

Trinity Partners Columbia office hires brokerage associate William Mills

 

Proven retail and office specialist joins commercial real estate firm  Trinity Partners announced the addition of William Mills to its brokerage team of commercial real estate professionals at its Columbia, South Carolina office. Specializing in the leasing and sales of retail and office properties, Mills will partner with Director of Brokerage Services, Rob Lapin, and…

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Posted in: midlandsbiz   Category: commercial-real-estate, on-the-move

Horizon Commercial

 

Leaders in commercial real estate. Looking to lease retail, building or office in Columbia, Greenville or Lexington South Carolina? Contact us today!

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Posted in: midlandsbiz   Category: commercial-real-estate

The Beach Co. Treasurer awarded by Charleston CFO Council

 

Pat McDermott, treasurer and controller at The Beach Company, was recently honored with the 2019 Senior Financial Executive (SFE) Award by the Charleston CFO Council, the region’s premier organization for senior financial executives. A dedicated employee of The Beach Company for 22 years, McDermott was recognized in the medium-sized company category (50 to 249 team…

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Posted in: lowcountrybizsc   Category: accounting, commercial-real-estate, on-the-move, residential-real-estate

Avison Young – South Carolina, Inc. (Charleston & Savannah, GA) commercial real estate transactions

 

Charleston, SC Market 10/11/2019 Avison Young commercial real estate is pleased to announce that Todd Garrett, CCIM,SIOR ,Tradd Varner , and Daniel McClam represented BPG SR Adults Trust Agreement in the leasing of 6,850 sf industrial space located at 3440-B Buffalo Avenue in North Charleston, South Carolina, to National Convenience Solutions. Contact: Todd P. Garrett,…

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Posted in: lowcountrybizsc   Category: commercial-real-estate, on-the-move

Horizon Commercial Leasing launches small business grant offering up to $2,000 to business owners

 

More than 620,000 businesses open in the United States each year. Yet, the number of potential business owners left on the sidelines range in the millions.Having enough cash to start a new business can be difficult, but Horizon Commercial Leasing wants to help entrepreneurs out with their start-up costs. Horizon Commercial Leasing hopes to inspire…

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Posted in: midlandsbiz   Category: commercial-real-estate, on-the-move

Joe’s Place Bookstore will be closing their chapter at the end of 2019

 

After five years of being Greenville’s go-to place for rare, used, and new books, the owners of Joe’s Place Bookstore have announced that they will be closing at the end of the year. Owners Mary and Alix Bernard started the family-owned bookstore, Joe’s Place, as a tribute to Mary’s brother, Joe, who passed away unexpectedly…

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Posted in: upstatebizsc   Category: commercial-real-estate, food, life, on-the-move, retail

Colliers International brokers the sale of 1314 Rosewood Drive

 

Crawford Prezioso, a Brokerage Associate in Colliers International | South Carolina’s Columbia office, represented the buyer and the seller in the purchase of 1314 Rosewood Drive by Realty Haven, LLC. 1314 Rosewood Drive is a 5,030-square-foot building located along a popular corridor for local businesses. The property sold for $500,000. “We are thrilled to make…

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Posted in: midlandsbiz   Category: commercial-real-estate, on-the-move

Bob Nuttall, SIOR, CPM and Cori Nuttall sells prime office space in N. Charleston

 

Lee & Associates Charleston’s Bob Nuttall, SIOR, CPM, and Cori Nuttall represented the Seller, 8088 Rivers Avenue, LLC, in the sale of 19,934 SF of office space located at 8084 Rivers Avenue in North Charleston, SC in September. The Centura College building will now be home to Origin SC. The Buyer was presented by Gregg…

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Posted in: lowcountrybizsc   Category: commercial-real-estate, on-the-move

Colliers Report: Charleston awaits construction completions, few spaces are available

 

  Research & Forecast Report Q3-2019 CHARLESTON | INDUSTRIAL Key Takeaways Until new construction is delivered to the market, there are few available space options; the overall vacancy rate dropped to 7.57% this quarter. The Charleston market absorbed 180,005 square feet during the third quarter of 2019; the positive absorption was within the warehouse sector…

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Posted in: lowcountrybizsc   Category: commercial-real-estate, on-the-move

Ryan Wierzbowski joins Colliers International as a Property Accountant

 

Colliers International | South Carolina welcomed Ryan Wierzbowski to the accounting team in Columbia. As a Property Accountant, Wierzbowski’s responsibilities include financial reporting on commercial property management accounts for the firm’s clients. “We are thrilled to welcome Ryan to the team,” said Mark Burgess, CPA, Controller for Colliers International | South Carolina. “His commitment to…

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Posted in: midlandsbiz   Category: accounting, commercial-real-estate, on-the-move

Hood Construction growing Columbia headquarters with purchase of 1215 Shop Rd.

 

Hood Construction Corporation is actively engaged in the expansion of its current Columbia headquarters, following the purchase of the former Morris Furniture Warehouse building located at 1215 Shop Road. The 40,000-square-foot industrial property on two acres, which has been effectively vacant since 2009, will become the new home to Hood Construction’s corporate office, providing additional…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: commercial-real-estate, on-the-move

Magnus Development Partners leases 50,000sf of warehouse space to Unum Group

 

Magnus Development Partners announced the lease of 50,000 square feet of warehouse space at Midway Logistics IV to Unum Group. Unum is a market leader in group and individual disability benefits, one of the largest providers of group and voluntary workplace benefits, and a growing dental and vision carrier. Unum is expected to occupy the…

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Posted in: midlandsbiz   Category: commercial-real-estate, on-the-move

South Carolina CCIM Chapter honors new CCIM designees

 

The CCIM designation signifies expertise in the commercial real estate profession. The SC CCIM Chapter has recognized 6 chapter members who recently earned the Certified Commercial Investment Member designation, the global standard for professional achievement, from the CCIM Institute. Headquartered in Chicago, CCIM Institute is one of the largest global commercial real estate networks. The…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: commercial-real-estate, on-the-move

Trinity Partners celebrates its first year in Columbia with significant growth and transaction record

 

  Commercial real estate firm has quickly grown to 23 professionals with more than 1.66 million square feet in their leasing and management portfolio Trinity Partners recently marked its one-year anniversary in the Columbia market. The full-service commercial real estate firm opened its fourth location in 2018 led by four partners: Bruce Harper, SIOR (Managing…

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Posted in: midlandsbiz   Category: commercial-real-estate, on-the-move

Crystal Baker of Colliers International receives Commercial Property Research Certification

 

Colliers International | South Carolina’s Crystal Baker received the Commercial Property Research Certification (CPRC) designation through the Colliers University platform. Baker earned the designation after completing a rigorous five-part curriculum with extensive coursework. The CPRC achievement certifies increased strategic and tactical expertise in research, knowledge of the commercial real estate industry and capabilities to utilize…

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Posted in: midlandsbiz   Category: commercial-real-estate, on-the-move

Colliers International | South Carolina and LCK offices pledge $86,445 for United Way

 

Colliers and LCK offices across South Carolina pioneer a statewide United Way United Colliers campaign Colliers International | South Carolina and LCK staff and associates have pledged $86,445 in contributions to Trident United Way, United Way of the Midlands, United Way of Greenville County and United Way of the Piedmont. The pledges reflect a per…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: commercial-real-estate, on-the-move

NAI Columbia assists RenCo Properties in the purchase of 3105 Devine Street

 

NAI Columbia’s Peyton Bryant and Ryan Causey represented the buyer, RenCo Properties, in the purchase of the building located at 3105 Devine Street in Columbia. The new owners plan to perform a full renovation of the main building on the property for the future home of Kali Render’s State Farm Agency. An additional rear building…

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Posted in: midlandsbiz   Category: commercial-real-estate, on-the-move

SeamonWhiteside selected to play role in two community-shaping projects

 

SeamonWhiteside, local landscape architecture and civil engineering firm, has been selected to play a role in yet two more community-shaping projects. SeamonWhiteside has been selected to provide design services for the City of Easley. They have also recently been awarded the Greenville County Sheriff’s Office Training Facility project in Taylors, SC. They will provide civil…

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Posted in: upstatebizsc   Category: architecture, commercial-real-estate, construction, economic-development, engineering, government, on-the-move

Reid Davis, CCIM, SIOR, Pete Harper, CCIM and Cameron Yost represented the seller in the sale of a 42,637 SF of engineering and industrial facility in Hanahan, SC

 

Lee & Associates Charleston’s Office Advisors, Reid Davis, CCIM, SIOR, Pete Harper, CCIM and Cameron Yost represented the Seller, UEC Properties, LLC, in the sale of 42,637 SF of engineering and industrial facility space located at 5914-5918 Howard Street in Hanahan, SC in September. The Buyer CP-Sea Trail, LLC was represented by Drew Burris with…

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Posted in: lowcountrybizsc   Category: commercial-real-estate, on-the-move

Milton Thomas, CCIM, SIOR sells prime retail space on N. Highway 17 in Mt. Pleasant

 

Lee & Associates Charleston’s Milton Thomas, CCIM, SIOR represented the Seller, First Citizens Bank & Trust Company, in the sale of 3,851 SF of retail space located at 3102 N. Highway 17 in Mt. Pleasant, SC in September. The former bank building will now be home to Solomon Family Dentistry. The Buyer was presented by…

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Posted in: lowcountrybizsc   Category: commercial-real-estate, on-the-move

Colliers Report: Columbia office rents- going up again

 

Research & Forecast Report Q3-2019 COLUMBIA | OFFICE Key Takeaways Columbia’s overall office market absorbed 198,328 square feet – 109,760 square feet, of which, was absorbed in the St. Andrews submarket. The overall office market vacancy rate dropped from 10.93% last quarter to 9.66% during the third quarter of 2019. Columbia building owners continue to…

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Posted in: midlandsbiz   Category: commercial-real-estate, on-the-move

Charleston-Area leases reported by Cushman & Wakefield | Thalhimer

 

Cushman & Wakefield | Thalhimer reports the following recent lease transactions in the Charleston area: Frontier Logistics, LP leased 173,000 square feet of industrial space at 7054 Weber Dr., Ladson, SC.  Ed Kercher handled the lease negotiations on behalf of the tenant. ASRC Federal Holding Company, LLC leased 7,052 square feet of office space at…

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Posted in: lowcountrybizsc   Category: commercial-real-estate, on-the-move

Colliers Report: Tight Charleston office vacancy prior to new construction deliveries

 

Research & Forecast Report Q3-2019 CHARLESTON | OFFICE  Key Takeaways Despite 107,921 square feet of new suburban construction deliveries, the overall Charleston office market absorbed 284,129 square feet. The overall vacancy rate dropped from 12.20% last quarter to 10.36% this quarter. Rental rates in the upper and lower peninsula are expected to rise due to…

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Posted in: lowcountrybizsc   Category: commercial-real-estate, on-the-move

DP3 Architects, Ltd. receives AIASC Design Award for the DP3 Architects Office Upfit

 

DP3 Architects won an award at The American Institute of Architects South Carolina (AIASC) 2019 Design Awards. The DP3 Architects Office Upfit won a Citation Award for Interior Architecture. Having outgrown its current office, DP3 Architects needed to move to a larger space. DP3 Architects designed unique spaces to encourage collaboration including an open environment,…

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Posted in: upstatebizsc   Category: architecture, commercial-real-estate, on-the-move