Colliers Report: Multifamily supply keeps pace with absorption, occupancy flattens
May 31, 2023Commercial Real Estate Research & Forecast Report Q1 2023 Charleston Multifamily Market Highlights Rent growth continued in Charleston amidst a spike in deliveries in Q4 2022. Absorption and total occupancy…
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Colliers Report: Occupancy and rent growth begin to level as absorption recovers
May 30, 2023Commercial Real Estate Research & Forecast Report Q1 2023 Greenville-Spartanburg Multifamily Market Highlights The Greenville-Spartanburg multifamily market remained healthy and showed signs of stabilizing. There were 2,551 units scheduled to…
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Blanchard Machinery purchases land at Sandy Run Industrial Park to expand operations
May 30, 2023Blanchard Machinery Company has purchased a 61.3-acre site at Sandy Run Industrial Park, 15th Street in Gaston, SC. Blanchard is expanding its existing operation for parts, service, component rebuilds, complete…
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Colliers brokers the sale of historic Maxcy Gregg building in downtown Columbia
May 23, 2023Colliers | South Carolina’s Mary Winter Teaster represented Wes Graves in the sale of a ±5,095-square-foot historic home-turned-office located at 1518 Richland Street to Todd Avant/Avant Holdings, LLC. This “crown…
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Summit Real Estate Group’s Gateway 29 industrial property officially delivers, ready for occupancy
May 23, 2023Summit Real Estate Group announced the delivery of Gateway 29. Gateway 29 is a new 248,000-square-foot spec industrial building in Wellford, South Carolina that completed construction in late April 2023.…
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Society of Industrial and Office Realtors® elects David Lockwood, SIOR as incoming President
May 23, 2023David Lockwood, SIOR, CRE, CCIM, Executive Vice President and Chief Operating Officer of Colliers | South Carolina, was recently elected by the Board of Directors of the Society of Industrial…
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Sharbell Nexton LLC announces first tenants for the Lofts Downtown Nexton
May 22, 2023Sharbell Nexton, LLC (Sharbell) announced the first two retail tenants coming to the ground-floor retail space in Downtown Nexton. iNails, a nail salon with nearly 30 years of beauty service…
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Prestigious commercial real estate award goes to Vitré Ravenel Stephens for 2022 sales
May 18, 2023Vitré Ravenel Stephens received the 2022 Charleston REALTORS®️ of Distinction Award in the Commercial Real Estate category. This award recognizes the top 10% of producing Charleston REALTORS®️ in 2022. Vitré…
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Larkspur Pointe expands luxurious housing options with Phase II
May 17, 2023A Greenville-based developer purchased 6.7 acres from Immanuel Lutheran Church to expand the existing Larkspur Pointe apartment community located in the Five Forks area on Woodruff Road. Stephen T. Mack,…
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Sprouts Farmers Market to open at North Hills Shopping Center on Greenville’s Eastside
May 17, 2023Aston Properties makes significant investment in historic shopping location Aston Properties of Charlotte announced today that Sprouts Farmers Market, a healthy grocer featuring natural and organic products, will open a…
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Demi Agresta joins Colliers’ Spartanburg office as Marketing Manager
May 16, 2023Colliers | South Carolina announces the appointment of Demi Agresta as Marketing Manager for the Spartanburg office. As Marketing Manager, Agresta will be responsible for the development and execution of…
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Pyramid Contracting awarded Galeana dealership project in Mount Pleasant
May 16, 2023Pyramid Contracting announced it has been selected as the general contractor for the new Galeana Automotive Dealership in Mount Pleasant, SC. This ground-up project includes the development and construction of…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: architecture, commercial-real-estate, construction, economic-development, on-the-move
Historic Columbia announces 2023 Preservation Award winners
May 16, 2023Awards honor individuals and projects for design and preservation accomplishments Historic Columbia announced the recipients of its 2023 Preservation Awards. Each year, Historic Columbia celebrates Preservation Month by recognizing local…
Read MorePosted in: midlandsbiz Category: commercial-real-estate, construction, headlines, non-profit, on-the-move, residential-real-estate
Colliers represents High Bay Distribution B LLC in leasing 127,232 square feet of Portside Distribution Center Building B to FNS
May 16, 2023Colliers | South Carolina brokers Mark Erickson, SIOR and Jarred Watts represented High Bay Distribution B, LLC in the lease of ±127,232 square feet at Portside Distribution Center Building B…
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Cason Development Group adds developer
May 15, 2023Commercial real estate veteran Tripp Bradley has joined Cason Development Group. Bradley will be working on expanding the development of national retail projects for Cason Development Group. “We are very…
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±23,755 SF former bank branch sold as investment opportunity
May 15, 2023NAI Charleston is pleased to announce that veteran broker Will Sherrod, CCIM recently facilitated the sale of a ±23,755 square foot former bank branch and additional office space on ±3.7…
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Trinity Partners facilitates industrial investment sale in Columbia, SC
May 11, 2023Nick Stomski, SIOR, Partner and Jake Nidiffer, Senior Brokerage Associate of Trinity Partners, represented the seller in the investment sale of an industrial property in Columbia’s southeast industrial corridor. The…
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Colliers represents M Garden, LLC in the purchase of a unique event venue on Bush River Road
May 10, 2023Crawford Prezioso of Colliers | South Carolina represented M Garden, LLC in the acquisition of a ±7,000-square-foot event venue located at 3506 Bush River Road. M Garden was purchased by…
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Colliers Report: Robust demand by 3PLs and advanced manufacturing absorbing new deliveries
May 10, 2023Commercial Real Estate Research & Forecast Report Q1 2023 Charleston Industrial Market Highlights The Charleston market continued its strong performance this quarter with 2.2 million square feet of absorption and…
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Colliers | South Carolina brokers lease transaction for Prime Time Leasing and McQueen Distribution, LLC
May 9, 2023Colliers | South Carolina industrial brokers Mark Erickson, SIOR and Jarred Watts represented McQueen Distribution, LLC in the lease transaction of ±22,000 square feet of warehouse space at 450 International…
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NAI Earle Furman announces the following transactions for April 2023
May 8, 2023Sold: Liberty, South Carolina: Scott Jones, SIOR, and John Stathakis, II, CCIM of NAI Earle Furman represented the seller in the sale of a 12 unit multi-family asset located at…
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Harbor Commercial Partners hosts ribbon cutting ceremony at their downtown office
May 5, 2023Six months after opening their doors, Harbor Commercial Partners brought together the Charleston community of real estate professionals, friends, and family members to attend a Happy Hour and Ribbon Cutting…
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Northwind Financial principals to join Lima One Capital
May 4, 2023Today, Lima One Capital announced that the principals of Northwind Financial and staff will join Lima One Capital. As business leaders in the small balance multifamily bridge space, Chip Cummings…
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Trinity Partners facilitates NNN investment sale in Lexington, SC
May 4, 2023Braden Shockley, Senior Brokerage Associate and Roger Winn, SIOR, Partner of Trinity Partners, represented the buyer in the purchase of a retail building in Lexington, SC. The property, located at…
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Colliers represented the seller in the sale of Pet Supermarket in Lexington
May 3, 2023Victor (Buddy) John of Colliers | South Carolina represented the seller in the $1.7 million investment sale of 509 W. Main Street in Lexington, South Carolina. The property sale included…
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Trinity Partners arranges long term industrial lease in Northeast Columbia, SC
May 3, 2023Bruce Harper, SIOR, Managing Partner of Trinity Partners, represented the landlord and facilitated the long-term lease of an industrial property located at 10125 Farrow Road in Northeast Columbia. The tenant,…
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DeWees Real Estate Group represents tenant in local real estate transaction
May 3, 2023Sales Associate, Angela Cash, Represented the tenant in the lease of 1215 Wayne Street DeWees Real Estate Group, a full-service commercial real estate firm specializing in Columbia’s office, retail, industrial,…
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Lima One Capital Nate Trunfio honored nationally by HousingWire
May 3, 2023HousingWire has named Lima’s One Capital’s Nate Trunfio one of its 2023 Rising Stars. Since joining Lima One in 2020 as the Senior Director of Sales, Trunfio has captained a…
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Trinity Partners facilitates sale of prime HWY 378 site in Lexington, SC
April 26, 2023April 26, 2023, Bruce Harper, SIOR, Managing Partner and Robbie Cook, Brokerage Associate of Trinity Partners, represented a South Carolina based automotive owner/operator in its purchase of a prime parcel…
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Trinity Partners facilitates sale of Devine Street office building
April 26, 2023April 25, 2023, Bruce Harper, SIOR and Nick Stomski, SIOR, both Partners of the Trinity Partners’ Columbia office, teamed up to sell 2717 Devine Street. The ±6,400 square foot office…
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Colliers Dealmakers: Recent purchases, sales, leases and investments in South Carolina
April 24, 2023Charleston / Columbia / Greenville / Spartanburg, SC – Colliers | South Carolina announced the following recently completed commercial real estate transactions from our offices across the state: Charleston,…
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Frampton Construction digs into new facility for Minges Bottling Group
April 20, 2023Frampton Construction Company, LLC, a full-service construction firm providing planning and design support, preconstruction, and construction services, has broken ground on a new 223,375-square-foot build-to-suit project for Minges Bottling Group…
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Colliers represents Henry Kuznik Trust in the sale of ±30.7 acres to an affiliate of the Aventon Companies
April 17, 2023Markus Kastenholz, CCIM, CPA of Colliers |South Carolina represented the Henry Kuznik Trust in the $5.1 million sale of ±30.7 acres in Charleston County to an affiliate of the Aventon…
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Will Cannon joins Young Office as Market Development Manager
April 17, 2023Will Cannon, has joined Young Office as Market Development Manager for the Columbia, Charleston and Savannah markets. Will has over 10 years of commercial furniture, design and business development experience…
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Trinity Partners Columbia announces Q1 2023 notable transactions
April 17, 2023Trinity Partners recently completed the following notable commercial real estate transactions during the first quarter of 2023. Sales Transactions Nick Stomski, SIOR and Jake Nidiffer represented the seller in the…
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Whitten founds Upstate Home and Commercial Inspection Company, Daniel Whitten Inspections, launches company website
April 14, 2023Daniel Whitten, a licensed home and commercial inspector with 25 years of inspection experience in the Upstate, has founded Daniel Whitten Inspections, LLC. The company offers full home and commercial…
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Entrepreneur Minute – Katie Skoloff, In Site Designs
April 11, 2023The Who’s on the Move, Entrepreneur Minute is an interview in support of the undeniable impact that entrepreneurs have on our communities. We will be highlighting 20 entrepreneurs in each of…
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John Coleman joins Trinity Partners Columbia brokerage team
April 11, 2023John Coleman has joined Trinity Partners Columbia brokerage team as a Brokerage Associate. Prior to joining Trinity, John worked in the commercial real estate industry for a regional industrial development…
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Spaulding Group Ranks 10th in Berkshire Hathaway HomeServices’ Top 25 Team Award Category
April 10, 2023Berkshire Hathaway HomeServices C. Dan Joyner, REALTORS announced that Spaulding Group was honored with a Top 25 Team Award, which recognizes the top 25 teams in the global network for…
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Colliers Report: Lack of New Construction Pushing Rents Higher and Limits Tenants’ Choices
April 6, 2023Commercial Real Estate Research & Forecast Report Q1 2023 Charleston Office Market Highlights The latest wave of office construction in the Charleston market will end in 2023 with the completion…
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Colliers Report: Rental Rates Continue to Rise Despite Increasing Vacancy
April 5, 2023Commercial Real Estate Research & Forecast Report Q1 2023 Columbia Office Market Highlights Rental rates continued to move upward this quarter despite net negative absorption and the addition of vacant…
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Neil Jones elected to Executive Vice President of Colliers | South Carolina
April 5, 2023M. Neil Jones, CPA, Senior Vice President and Chief Financial Officer of Colliers | South Carolina, has been elected Executive Vice President by the commercial real estate firm’s Board of…
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Magnus Development Partners
April 4, 2023Magnus Development Partners is a privately held, South Carolina based real estate developer focused on delivering single tenant build-to-suits, spec industrial buildings, and corporate advisory services delivered throughout the Southeastern…
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DeWees Real Estate Group represents local Mexican restaurant in new lease
April 4, 2023DeWees Real Estate Group, a full-service commercial real estate firm specializing in Columbia’s office, retail, industrial, and land markets from acquisitions, to leasing and management, is proud to announce the…
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Magnus Development Partners hires Alyse Howard as Marketing Director
April 4, 2023Alyse Howard has joined Magnus Development Partners as the firm’s new marketing director. According to the South Carolina-based developer, Howard will focus on the continued expansion of the company’s marketing…
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Colliers Report: Rental Rates Continue to Escalate
April 3, 2023Commercial Real Estate Research & Forecast Report Q1 2023 Greenville-Spartanburg Office Market Highlights This quarter, the asking rental rates for Class A space have exceeded their 2020 (pre-COVID) highs with…
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Cushman & Wakefield arranges $29M sale of Velocity II, one of Greenville-Spartanburg’s new industrial assets
April 3, 2023Cushman & Wakefield announced the firm has arranged the $29 million sale of Velocity II, a newly constructed Class A 297,607-square-foot logistics facility in Greer, South Carolina. Cushman & Wakefield’s…
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Colliers brings medical office building at 710 Rabon Road to full occupancy
April 3, 2023Colliers | South Carolina’s Mary Winter Teaster represented Northeast Medical Development, LLC in the ±2,756-square-foot lease for Trident Medical Center, LLC at 710 Rabon Road located in Northeast Columbia. 710…
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Colliers | South Carolina and LCK announce 2022 company awards
March 30, 2023Charleston / Columbia / Greenville / Spartanburg, SC – Colliers | South Carolina and LCK presented 2022 company awards at an annual celebration held at Camp Cole on March 8, 2023.…
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DeWees Real Estate Group welcomes new sales associate
March 29, 2023DeWees Real Estate Group is pleased to welcome Angela Cash to the real estate team. DeWees Real Estate Group, a full-service commercial real estate firm specializing in Columbia’s office, retail,…
Read MorePosted in: midlandsbiz Category: commercial-real-estate, on-the-move, residential-real-estate