Check out this very cool time lapsed video of construction at the new port terminal off McMillan Avenue in North Charleston. What an engineering feat! <<Click here for the video.>> For more information about the new Hugh K. Leatherman, Sr. Terminal and all the SC Port locations...
Charleston County Council voted to remove 86 properties from the city's accommodations overlay zone, an area on the peninsula where hotels can be built. Properties in this zone include offices, housing, churches, and other structures, and the proposal makes it difficult for them to apply for...
As the tourism industry in South Carolina grows for the 4th straight year (6.1% over last year), the sales tax alone generated over $1.5 billion. Insiders cite numerous reasons for growth, including a favorable economy, lower gas prices, and the appeal of South Carolina's destinations. Learn...
The interior section of the Citadel Mall which totals about 290,620 SF has sold for $17 million. This sale doesn't include Belk, Dillard's, J.C. Penney, Sears and Target, all of whom own their own structures. The mall is the Lowcountry's largest shopping center and has about 55,000 SF (about...
Will Phillips represented the owner and brokered the sale of 106 Martin Luther King, Jr., Blvd, in St. Stephen. Congrats, Will!
Commercial real estate marketing has come a long way since the early 1900s. Take a walk back in time to see where we started and where we are headed. Think vintage signage to virtual reality. See the evolution here.
As prime commercial real estate in Charleston becomes scarce, the developers of Pacific Box & Crate have been assembling and developing 10 acres at 1505 King Street. BoomTown plans to relocate to the new space, which will include tech companies, yoga, coffee, and restaurants. Learn more here.
Foodies are about to get a new way to taste food in one location when Workshop, a rotating mix of 5 food vendors, opens on King Street in March. Chefs can rent space on a short-term basis to see if their concepts will work in a larger restaurant or to try out new food concepts. Click here to see...
Five baseball fields and an indoor training facility are being built along the Wando River on Highway 41. 400,000 feet of AstroTurf are being used to create the fields. The complex is located in unincorporated Berkeley County and set to open sometime this summer depending on the weather as...
With 2017 well underway, commercial real estate professionals are optimistic despite uncertain conditions that the industry can continue to grow. There are several key factors that will impact all sectors of the industry including technology, substainability, and demographic shifts. Deloitte...
The Charleston County Aviation Authority reported a record 3.7 M passengers at the Charleston International Airport in 2016, which represents 6 years of gains. Reasons for the uptick are expanded airline services, 5 new gates, and additional improvements during the recent makeover. The airport...
Will Phillips represented the Landlord in the lease of 3501 Iron Horse Road, Ladson. The freestanding building is 3,600 SF.
The sale price of the SC State Port Authority's headquarters was released yesterday. The property overlooking the Charleston Harbor, which closes today, sold for $38,000,000. Lowe Enterprises plans to redevelop the property into a hotel. Learn more here.
Happy New Year to all our friends and family from Ravenel Commercial Properties. Blessings for a prosperous 2017!
