Recent Charleston-area leases completed by Cushman & Wakefield | Thalhimer

 

Cushman & Wakefield | Thalhimer reports the following recent lease transactions in the Charleston area: Mount Pleasant Business Enterprises, Inc. leased 1,100 square feet of retail space at 1081 Johnnie Dodds Blvd., Mt. Pleasant, SC. Nick Tanana and Brady Dashiell handled the lease negotiations on behalf of the tenant. Savage Brothers, Inc. leased 4,000 square…

Read More

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

Colliers International Dealmakers: Recent purchases, sales, leases and investments in South Carolina

 

  Colliers International | South Carolina announced the following recently completed commercial real estate transactions from our offices across the state: Columbia, SC Paige Bryant and Craig Waites represented 1509 W. Palmetto, LLC in the sale of a 1,352-square-foot office building at 1509 W. Palmetto Street in Florence to Florence Investment Properties, LLC. Ryan McCue…

Read More

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

Pete Harper, CCIM, Reid Davis, CCIM, SIOR, and Cameron Yost represented the landlord in leasing Suite 110 with 2,107 SF at Corporate Square I

 

Lee & Associates Charleston’s Office Advisors and the owners of Corporate Square I want to welcome Brownlee Whitlow & Praet PLLC to the building located at 2420 Mall Drive in North Charleston, SC. Brownlee Whitlow & Praet PLLC specializes in the practice of law and will be a welcome addition to the building. Professionally managed…

Read More

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

Colliers International | South Carolina announces brokerage professional promotions

 

Colliers International | South Carolina announced that four brokerage associates have received promotions: Allen Wilkerson has been promoted to Vice President, and Taylor Allen, CCIM, Scott Burgess, MBA and Lance Byars, MRED have been promoted to Senior Brokerage Associates. “These individuals have proven their commitment to representing Colliers as they professionally serve the needs of…

Read More

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

Wilson Kibler brokers sale of Winterberry Place for $2.28 million

 

Wilson Kibler’s multi-family specialist Brooks Owings represented the owner in the recent sale of the 30-unit Winterberry Place townhouses in Northeast Columbia. The properties located at 103, 105 and 113-125 Winterberry Ln. total approximately 39,000 square feet and have sold for $2.28 million.   About Wilson Kibler Wilson Kibler is a full-service commercial real estate…

Read More

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

LCK welcomes Doug Vincent as Project Manager

 

LCK announced the addition of Doug Vincent as Project Manager to its Greenville, SC team. Vincent relocated to the Greenville area from Charleston a little over a year ago. He has over 20 years of facilities and project management experience including directing South Carolina’s first LEED Silver Certified K-12 public school project. Doug’s background offers…

Read More

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

Colliers International’s Office brokerage team in Charleston continues to expand portfolio

 

Newly assembled team of experienced brokers in Charleston expands their office leasing portfolio with four new listings. Colliers International’s Kristie Roe, Alex Irwin and William Ederle have recently secured four new office building leasing assignments in the Charleston area. The members of the Colliers office brokerage team are experts in the market and are always…

Read More

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

Colliers International represents Ethan Allen in leasing new distribution center in Summerville

 

New distribution center in Summerville will supply stores across the Southeast. Colliers International’s Mark Erickson, SIOR and Matt Pickard have assisted Ethan Allen in leasing space at Summerville Distribution Center which will supply furniture to their five stores in South Carolina and support the growth of the furniture supplier in the Southeast. “In the Charleston…

Read More

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

Colliers Report: South Carolina’s industrial market expands to accommodate ongoing demand

 

Research & Forecast Report Q4-2019 SOUTH CAROLINA | INDUSTRIAL Key Takeaways A record-breaking 15.88 million square feet of industrial buildings were delivered throughout South Carolina in 2019; however, the vacancy rate still dropped 117 basis points from the fourth quarter of 2018 through year-end 2019. During the calendar year 2019, the South Carolina Ports Authority…

Read More

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

The Beach Company hires JC Darby

 

The Beach Company, a leader in residential and commercial real estate brokerage, development and property management for 75 years, announced JC Darby has been hired as a development associate at the company’s Charleston, S.C. headquarters. Prior to joining the Beach Company, Darby spent more than five years working with Southeast Venture LLC, a Nashville-based real…

Read More

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

Colliers International | South Carolina announces 2019 Rising Star Award recipients

 

Colliers International | South Carolina is pleased to announce our 2019 Rising Star Awards which were presented at the company’s annual Awards Celebration on January 28, 2020. The Rising Star Award recognizes staff members who have less than three years’ experience at Colliers, perform in an exemplary manner, demonstrate a desire to attain or are…

Read More

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

Colliers International announces 2019 Top Producers and Walter M. Keenan Award Recipient

 

Colliers International | South Carolina announced the commercial real estate firm’s brokerage awards for 2019, presented at the company’s annual Awards Celebration on January 28, 2020. The leading producer for Colliers in South Carolina was Chuck Salley, SIOR, who earned the 2019 Walter M. Keenan Award, named after the firm’s former leader. Chuck Salley, SIOR,…

Read More

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

Colliers Report: 2019 record-breaking industrial expansion adds 9.99M SF to the Greenville-Spartanburg market

 

Research & Forecast Report Q4-2019 GREENVILLE-SPARTANBURG | INDUSTRIAL   Key Takeaways The overall Greenville-Spartanburg industrial annual market vacancy rate only increased five basis points despite quarterly fluctuations, even with a record number of spec space deliveries. Industrial annual net absorption reached approximately 9.60 million square feet in 2019. During the calendar year 2019, the South…

Read More

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

Charleston Commercial brings two new retailers to 316 King St.

 

Lifestyle brand Salt Life is opening its first local store at 316 King St. Aimed at ocean enthusiasts, Salt Life apparel and merchandise has an enthusiastic following of water-lovers, making it the perfect addition to downtown Charleston’s retail scene. Salt Life is opening in the space formerly occupied by 316 Men. From its first merchandise…

Read More

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

Lima One Capital named to prestigious Vet100 list

 

Lima One Capital has been honored as one of the nation’s fastest growing veteran-owned companies by the Vet100 list. The Vet100 is a list compiled by Inc. Magazine and the Institute for Veterans and Military Families (IVMF) at Syracuse University to honor the most successful veteran-owned companies in the United States. Lima One is the…

Read More

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

Colliers International’s Paige Bryant finds new studio location for F45 Training adjacent to Cross Hill Market in Columbia

 

Colliers International’s Paige Bryant represented F45 Training in the search for a Columbia location for their fitness studio, ultimately landing in a ±2,202-square-foot space on an outparcel of Cross Hill Market at 4333 Fort Jackson Boulevard. F45 Training is a global fitness community specializing in innovative, high-intensity group workouts that are fast, fun, and results-driven.…

Read More

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

RealOp Investments acquires Parkwood Plaza in Atlanta’s Cumberland/Galleria submarket

 

RealOp Investments, a Greenville, South Carolina-based commercial real estate investment firm, closed out 2019 with the acquisition of Parkwood Plaza at 1300 Parkwood Circle SE, Atlanta, Georgia, for $19.65 million. Closing on Dec. 30, Parkwood was RealOp’s third Atlanta acquisition in 2019 but the first in the Cumberland/Galleria submarket. The five-story, Class A office building…

Read More

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

CREW Upstate celebrates 10 years of advancing the achievements of women in commercial real estate

 

CREW Upstate turns 10 this year! For the past 10 years, CREW Upstate has focused on cultivating relationships, building businesses, and advancing the careers of women in commercial real estate. The organization has grown to more than 100 members working together to move our industry forward. Updates to the website, www.crewupstate.org, include the new 10TH…

Read More

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

Cason Development Group adds Taylor Wolfe

 

Taylor Wolfe has joined Cason Development Group as a Developer. Wolfe’s primary focus will be on growing and creating new relationships with national retailers and brokers in and around South Carolina. He will also look to grow Cason Development’s holdings in Columbia and surrounding markets by seeking value-add and infill development opportunities. “We could not…

Read More

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

Colliers International | South Carolina marketing staff earn Commercial Property Marketing Certification

 

Four members of the Colliers International | South Carolina marketing team have earned the Commercial Property Marketing Certification (CPMC) from Colliers University: Elizabeth Turner, Molly Hughes, Cate Smolinsky and Hannah Byars. The designation was earned after completing a rigorous set of courses covering a variety of topics and training on marketing and commercial real estate…

Read More

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

Pete Harper, CCIM, Reid Davis, CCIM, SIOR, and Cameron Yost leased 3,070 SF in North Charleston

 

Charleston Office Advisors of Lee & Associates Charleston, LLC and the owners of the Atrium want to congratulate First Command Financial Services on their recent lease renewal at the Atrium located at 7301 Rivers Avenue in North Charleston, SC. Professionally managed by Lee & Associates this 54,613 SF office building is conveniently located on Rivers…

Read More

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

Colliers International Dealmakers: Recent purchases, sales, leases and investments in South Carolina

 

  Charleston / Columbia / Greenville / Spartanburg, SC – Colliers International | South Carolina announced the following recently completed commercial real estate transactions from our offices across the state: Charleston, SC Kristie Roe, SIOR, CCIM, Alex Irwin and William Ederle represented American Health Imaging of South Carolina, LLC in the leasing of 3,942 square…

Read More

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

Greystar announces first ground-up development project in Boston

 

CHARLESTON, SC -Greystar Real Estate Partners, LLC, a global leader in the investment, development and management of high-quality rental housing properties,  announced its first major ground-up development in Boston through the acquisition of 212 Stuart Street. With 126 residential units and ground floor retail space, the 19-story Class-A mixed use development comprises 149,940 gross square…

Read More

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

Colliers Report: Columbia warehouse space in high demand

 

Key Takeaways Trade negotiations between the U.S. and China will likely benefit Columbia through increasing imports and exports; therefore, raising demand from out-of-market users seeking a location in Columbia due to its central location and accessibility to logistics. Over the past year, the Columbia industrial market has absorbed 3.30 million square feet and the vacancy…

Read More

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

CBRE facilitates sale of 96.00 acres in Spartanburg to industrial developer

 

CBRE has arranged the sale of 96.00 acres of industrial land in Spartanburg, SC. The property is located on Pottery Road, at the intersection of Interstates 85 and 26. The property sold to Exeter Pottery Land, LLC. Exeter Property Group, with nearly $20 billion in assets under management, is among the largest real estate investment…

Read More

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

Columbia Metropolitan Airport (CAE) selects Magnus to develop 500 acres of commercial and industrial property

 

Magnus Development Partners has been chosen as the Master Developer for Columbia Metropolitan Airport’s surrounding property. Magnus will work with CAE to determine the highest and best use for each property and create supporting development plans for the available land parcels. Each parcel offers unique features based on its size, configuration, location, and zoning therefore…

Read More

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

Colliers Report: Charleston’s absorption is positive despite new construction deliveries

 

Key Takeaways The overall market vacancy rate has fluctuated over the past year while new industrial construction was underway, and is now 8.87% during the fourth quarter of 2019. The Charleston industrial market absorbed 2.5 million square feet from the fourth quarter of 2018 through the fourth quarter of 2019, 453,503 square feet were absorbed…

Read More

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

BullStreet District’s Babcock Building moves one step closer to renovation

 

Historic renovation specialist Clachan Properties assumes ownership The BullStreet District’s storied Babcock Building, one of downtown Columbia, South Carolina’s most iconic buildings, has a new owner for the first time in its history. Title of the building was given to Clachan Properties, the Richmond, Virginia-based historic renovation specialist, by Hughes Development Corporation, master developer of…

Read More

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

RealOp Investments enters the Orlando market with first office acquisition

 

RealOp Investments, a Greenville, South Carolina-based commercial real estate investment firm, recently made its first foray into the Orlando market with the acquisition of Lake Destiny Executive Center at 1101 North Lake Destiny Road, Maitland, Florida. “Orlando has been on our radar since 2016, so we are pleased to have planted our flag in the…

Read More

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

Seabreeze Marina Sale

 

Carolina Commercial, LLC has facilitated, for both the Buyer and the Seller, the sale of the Seabreeze Marina and the Seabreeze Office Building in Charleston, SC. Charlie Moore, SIOR CCIM Dunston Powell, CCIM

Read More

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

Coldwell Banker Commercial Caine brokers represent local real estate transactions

 

Brokers from Coldwell Banker Commercial Caine’s Greenville and Spartanburg offices recently represented the following area real estate transactions from the month of December: Sales Spartanburg:  Tim Satterfield of Coldwell Banker Commercial Caine represented Southport Property Investors, LLC (Seller) in the sale of a +10,000 SF industrial building on +3 acres at 110 Ian Ct., to GIMECO USA, LLC…

Read More

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

Coldwell Banker Commercial Caine’s Sammy DuBose honored with national commercial award

 

Sammy DuBose, commercial broker, was recently honored by the National Association of REALTORS® for his engagement and dedication in his profession. Each year, the National Association of REALTORS® recognizes commercial real estate professionals for their achievement and commitment to their communities. This year, they honored 59 Realtors® throughout the country. Sammy DuBose was one of three honorees…

Read More

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

Colliers Report: What will take the Columbia office market to the next level?

 

Key Takeaways The overall Columbia office market absorbed 56,270 square feet from the fourth quarter of 2018 to the fourth quarter of 2019. There are less office-using jobs in Columbia than there were at year-end 2018; therefore, the demand for office space is decreasing. Columbia’s annual office vacancy rate decreased from 10.73% during the fourth…

Read More

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

Industrial commercial real estate demand on the rise

 

Despite global uncertainty surrounding trade policy, slowing growth in payroll employment, a drop-off in business investment, and general volatility in the global market, base fundamentals indicate that the US commercial real estate market remains on a strong footing. National rental growth has increased and vacancy levels have decreased across property types. In November, US commercial…

Read More

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

The Pete Store breaks ground on new South Carolina facility

 

The Pete Store, LLC announced that construction is underway on a new 40,000 sq.ft. facility located in West Columbia, SC. Located on 11 acres just off I-26 at Exit 119, the dealership will feature 19 air-conditioned service bays and increase parts warehouse space by 300%. “We first opened our doors in Columbia 10 years ago,…

Read More

Posted in: midlandsbiz   Category: commercial-real-estate, construction, economic-development, employment, headlines, on-the-move, transportation

Bob Nuttall, SIOR, CPM and Cori Nuttall represented the buyer in a $3.45 million 1031 exchange

 

Lee & Associates Charleston’s Bob Nuttall, SIOR, CPM and Cori Nuttall represented the Buyer in the purchase of 3 Dollar Generals in South Carolina in December 2019 which represented the back end of a 1031 exchange: – A 9,026-square-foot store located in North, SC – A 9,002-square-foot store located in Wedgefield, SC – A 9,002-square-foot…

Read More

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

Wade Allen is named president of Lee & Associates Charleston

 

Senior real estate leader in the office, retail, industrial, and institutional sectors brings over 35 years of commercial real estate experience Wade Allen, a senior executive with over 35 years of domestic and international experience in the real estate industry, has been named president of the Charleston, SC office of Lee & Associates. Mr. Allen…

Read More

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

Alia Bostaji Joins Colliers International’s National Hospitality Group working with the Zaver Hotels Team

 

Alia Bostaji, a Brokerage Associate with Colliers International | South Carolina, has joined Colliers’ National Hospitality Group working with the Zaver Hotels team. This group of commercial real estate brokers specializes in hotel property transactions and has experience in franchise negotiations, financing, rebranding and marketing for hotel, startup and turn-around investment properties across the United…

Read More

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

Clay Williams recognized as the 2019 Caine Halter Commercial REALTOR® of the Year

 

Clay Williams, an industrial broker for NAI Earle Furman, was selected as Caine Halter Commercial REALTOR® of the Year. The Greater Greenville Association of Realtors annually recognizes one commercial realtor in the Greenville area based on their commitment to their profession and community. Clay Williams graduated from the College of Charleston in 2007 and spent the…

Read More

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

Avison Young Greenville, SC commercial real estate transactions

 

Greenville, SC Market 12/16/2019 Avison Young commercial real estate announced that Rakan Draz and John Odom, CCIM represented More Mustard, LLC in the leasing of 2,650 sf retail/restaurant space located at 1503 E. North Street in Greenville, South Carolina, from 1503 Overbrook, LLC. Cortney Carter and Braydon Wynn of Collett Real Estate represented the Landlord.…

Read More

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

Avison Young Charleston commercial real estate transactions

 

Charleston, SC Market 12/20/2019 Avison Young commercial real estate announced that Todd Garrett, CCIM, SIOR, Tradd Varner and Daniel McClam represented Gary Thorpe and Diane Thorpe in the leasing of 2,400 sf of industrial space located at 3281 Associate Drive in North Charleston, South Carolina, to Russell Landscaping Partners, LLC. Ed Sutton of Simply Commercial…

Read More

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

Colliers Report: Charleston office market anxiously awaits delivery of new construction

 

Research & Forecast Report Q4-2019 CHARLESTON | OFFICE Key Takeaways During the fourth quarter of 2019, the overall Charleston office market absorbed 64,329 square feet. New construction and upgraded space availabilities increased the overall average weighted rental rate to $25.72 per square foot during the fourth quarter of 2019. Due to completed construction outweighing absorption,…

Read More

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

Historic McCrady’s Tavern property on the market for sale or lease

 

An almost 10,000-square-foot historic property at 2 Unity Alley is on the market for $5.95 million. Formerly McCrady’s Tavern, the listing is being managed by the Charleston Commercial Team of KW Commercial, a local real estate investment firm, and a key player in the downtown Charleston real estate market. The property is also available for…

Read More

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

Colliers International Dealmakers: Recent purchases, sales, leases and investments in South Carolina

 

  Colliers International | South Carolina announced the following recently completed commercial real estate transactions from our offices across the state: Charleston, SC Mark Erickson, SIOR and Matt Pickard represented M2 Land, LLC in the purchase of a 15,000-square-foot industrial warehouse on 3.8 acres located at 3240 Industry Drive in North Charleston for $1,924,000. Columbia,…

Read More

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

Charleston office advisors leased 10,562 SF at 1475 Long Grove Drive

 

Lee & Associates Charleston’s Reid Davis, CCIM, SIOR, Pete Harper, CCIM, and Cameron Yost, represented the Landlord, Long Grove Partners, LLC in the leasing of the soon to be built 10,562 SF facility located at 1475 Long Grove Drive, Mt. Pleasant, SC to the tenant, Ivybrook Academy who was represented by David Clark with Coldwell…

Read More

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

Charleston office advisors leased 2,766 SF at The Truck Center

 

Lee & Associates Charleston’s Reid Davis, CCIM, SIOR, Pete Harper, CCIM, and Cameron Yost, represented the Landlord, 1014 St. Andrews Office Building, LLC in the leasing of 2,766 SF of Medical Office space located at 1014 St. Andrews Boulevard, Suite 210 B, Charleston, SC to the tenant, Advanced Dentistry of South Carolina, LLC who was…

Read More

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

Charleston office advisors leased 2,000 SF at 1856 Belgrade Avenue

 

Lee & Associates Charleston’s Cameron Yost, Pete Harper, CCIM, and Reid Davis, CCIM, SIOR, represented the Landlord, 1856 Belgrade Avenue, LLC in the leasing of 2,000 SF of Flex Office space located at 1856 Belgrade Avenue, Suite B-2, Charleston, SC to the tenant, O’Dell Landscaping.    

Read More

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

Freshfields Village now leasing office space

 

Freshfields Village and Northwood Retail are now leasing Class A office space. Located just 30 minutes from historic downtown Charleston, Freshfields Village sits in the sea islands. Situated in a high-traffic area at the crossroads of Kiawah, Seabrook and Johns Islands, this location offers immediate access to an amenity-rich shopping and dining center with every…

Read More

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

ROI Commercial closes on +/-14,000 square foot retail center in Lexington

 

George Meetze, a Broker and Principal at ROI Commercial, represented the seller in the sale of a 14,000 square foot retail center at 924 E. Main Street, Lexington, SC. Sherri Burriss, also a Broker and Principal at ROI Commercial, represented the purchaser Midtown Fellowship. This will be the third location for the growing church, with…

Read More

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

Coldwell Banker Commercial Caine Brokers represent local real estate transaction

 

Brokers from Coldwell Banker Commercial Caine’s Greenville and Spartanburg offices recently represented the following area real estate transactions from November: Sales Spartanburg:  Tim Satterfield of Coldwell Banker Commercial Caine represented Jasper Group, LLC (Seller) in the sale of a +4,541 SF office/retail building on +0.52 acre at 451 E. St. John St., to Richard Francis Company Real Estate Holdings,…

Read More

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