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Charleston CRE Expects Continued Growth in 2018

Posted & filed under Local News.

SC's top industrial development for 2017 was Volvo's announcement to build a second production line at its new manufacturing campus in Berkeley County. Due to increasing interest in Volvo's performance along with other automotive expansion efforts, commercial real estate is booming along the I26...

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Charleston CRE Market Shows Little Signs of Slowing Down

Posted & filed under Local News.

It's a good time to be in the Charleston commercial real estate market. All three sectors - retail, office, and industrial - are experiencing less than 10% vacancy rates. "If real estate growth were an SEC story, [Charleston] would be national champions," said K.C. Conway of the Alabama Center...

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As Airline Passengers Increase, Airport Expansions Likely

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Some of the planned expansions include a new concourse, likely built where the existing rental car area is now, an extension of Concourse B, check-in area expansion with more counter space, a new 3,000 space parking deck, extending the circular drop off loop to create more surface parking, and...

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CofC to Offer Bachelor's Degree in CRE Finance

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College of Charleston's decision to offer one of the only undergraduate finance focused commercial real estate programs in the county comes at a time of great need for Charleston's growing commercial sector. Students will take courses about historic preservation, marketing, planning, and law, among...

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Publix Signs Lease for Rogue Motion Space on Folly Rd

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James Island is slated for a new Publix grocery store in the strip center that currently houses Rogue Motion, a boat storage and sales center. The property will be redeveloped to include out parcels close to Folly Road. > Click here to read when the store expects to open. <

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Business Owners of Historic Architecture Beware

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“If you’re from 1830, you’re probably getting tired,” [Andy Meihaus] said. “So things just get tired. These old buildings get tired." Although appealing to owners and consumers alike, aging architecture is not for the cash-strapped owner. Learn more about downtown Charleston properties...

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Dubbed Silicon Harbor, Charleston Tech Scene Gains Momentum

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"Charleston's affordability, laid-back lifestyle and fledgling tech scene are its selling points at a time when so many cities are pursuing a slice of the booming tech market." As Charleston's tech scene continues to grow, so do the problems it faces. < Click here to find out what is holding...

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Panama Canal Expansion Brings XL Vessels to Charleston

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After the widening of the Panama Canal last year, Charleston expects to see a continued increase in vessels carrying over 14,000 cargo boxes. Jim Newsome, CEO of the State Ports Authority, anticipates even bigger ships in the future. < Click here to learn what products make up 40% of the overall...

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