Blog Feeds From Ravenelcommercial.com

Happy New Year 2022!

Ravenelcommercial.com — Mon, 3 Jan 2022 00:00:00 +0000

2022 is the year to make all your commercial real estate goals happen!

Senior Housing Facility Planned for Kiawah & Seabrook Islands

Ravenelcommercial.com — Tue, 7 Sep 2021 00:00:00 +0000

A $180M 62+ senior living community is planned for Kiawah & Seabrook Islands near Freshfields Village. There will be a 350,000 SF building with 98 apartments, 16 additional assisted living buildings, a movie theater, fitness rooms, lecture halls, healthcare, and dining facilities. Click here to...

Happy Easter!

Ravenelcommercial.com — Sun, 4 Apr 2021 00:00:00 +0000

"That is one good thing about this world...there are always sure to be more springs." - L.M. Montgomery

We're for hire!

Ravenelcommercial.com — Thu, 25 Mar 2021 00:00:00 +0000

Let us show off your mall (or office, or warehouse, or vacant land!) A professional commercial real estate agent can make a difference in this hot Charleston Real Estate market. Call 843.266.3900 today. #realestatehumor #CRE #commercial

Restaurants in Charleston Reacting to the Pandemic

Ravenelcommercial.com — Fri, 22 Jan 2021 00:00:00 +0000

Restaurants in Charleston have had to react continuously to stay ahead of the pandemic. Many have turned small outdoor spaces into lively, artistic dining areas. Business owners are pivoting as quickly as they can to stay afloat. Born out of necessity, many advocates want to keep the outdoor dining...

Sold! Freestanding Retail at 1963 Sam Rittenberg Blvd

Ravenelcommercial.com — Wed, 19 Aug 2020 00:00:00 +0000

Congratulations to Pat Webb on representing the seller of 1963 Sam Rittenberg Blvd in West Ashley. We wish the best of luck to the new owners! Need an experienced listing agent? Call Pat at 864.980.8888.

Leased! 1,700 SF Office Space at 1021 Rifle Range Road

Ravenelcommercial.com — Mon, 27 Jul 2020 00:00:00 +0000

Congratulations to Will Phillips on representing the Landlord in leasing 1,700 SF of office space at 1021 Rifle Range Road in Mt. Pleasant.

Large Flex Space in Pepperdam Industrial Park For Sale

Ravenelcommercial.com — Fri, 24 Jul 2020 00:00:00 +0000

Strategically located off Ashley Phosphate Road within the Pepperdam Industrial Park, close to I-26, Charleston International Airport, and Dorchester Road. Also in close proximity to major manufacturers such as Boeing, Cummins, and Mercedes Benz Vans. Property sits on 1.46 acres and consists of (2)...

Last Interior Lot for Sale in Watermark-Mt. Pleasant!

Ravenelcommercial.com — Thu, 7 May 2020 00:00:00 +0000

Likely one of the LAST interior lots for sale in the Watermark subdivision in Mt. Pleasant. Call Carlyle Blakeney at 843.371.0774 for more information. 0.11 acres, $295,000

(2) Homes with Acreage For Sale w/ Outbuildings near Volvo Campus

Ravenelcommercial.com — Fri, 17 Apr 2020 00:00:00 +0000

Own your own home on approximately 13 acres close to new Volvo Plant in Berkeley County! Only a 5 minute drive to Volvo entrance! Zoned for Cross Elementary, Middle and High Schools. Property includes 1,575 SF single family home with 2 bedrooms, 3 bathrooms, living room, dining room, kitchen, front...

7,788 SF/4 AC FOR SALE on HWY 52

Ravenelcommercial.com — Thu, 16 Apr 2020 00:00:00 +0000

Located at Highway 52 and Oakley Road intersection, between Moncks Corner and Goose Creek. 802 feet of highway frontage along northbound Hwy 52. 23,200 vehicles per day. Property has 3 buildings. 2,745 SF office/warehouse; 4,659 SF storage warehouse; 384 SF storage building. See attached for layout...

Our Proactive Response to COVID-19

Ravenelcommercial.com — Tue, 31 Mar 2020 00:00:00 +0000

Dear Clients and Friends of Ravenel Associates Commercial and Ravenel Associates Real Estate (RARE),As we find ourselves in uncharted territory in the upcoming weeks, our companies are continuing to adapt to changes in the real estate industry, while following the health and safety guidelines...

7,440 SF Freestanding Commercial Building For Lease

Ravenelcommercial.com — Tue, 25 Feb 2020 00:00:00 +0000

Former Chevy dealership on Old State Road next to Bilton Ford. Excellent visibility. Across from Boyd Furniture store and in close proximity to Holly Hill Elementary School, Holly Hill Roberts High School, grocery store, gas station, and other commercial entities. Short drive to Volvo's Camp...

8,560 SF Freestanding Commercial Building FOR SALE

Ravenelcommercial.com — Mon, 3 Feb 2020 00:00:00 +0000

Carlyle Blakeney listed a 8,560 SF freestanding commercial building for sale in St. Stephen. The property is on approximately 1.35 acres and has ample parking, office space, and storage space. Call Carlyle at 843.371.0774 to schedule a tour of the property.

Will Phillips Represented the Owner in the Sale of 4.12 AC in Moncks Corner!

Ravenelcommercial.com — Mon, 13 Jan 2020 00:00:00 +0000

SOLD! Will Phillips was the listing agent in the sale of 4.12 acres of vacant land in Moncks Corner. Do you own commercial land and need an experienced agent to help you sell it? Call or email Will Phillips! 843.259.0859 or wphillips@ravenelcommercial.com.

Will Phillips Represents Owner in the Sale of 1334 Ashley River Road!

Ravenelcommercial.com — Thu, 9 Jan 2020 00:00:00 +0000

Congratulations to Will Phillips on the sale of a 3,213 SF freestanding office building at 1334 Ashley River Road! If you are looking for an experienced commercial agent to list your property, give Will a call at 843.259.0859 or email him at wphillips@ravenelcommercial.com.

Looking for That Perfect Location for Your New Restaurant? Here Are 5 Factors to Consider

Ravenelcommercial.com — Fri, 20 Dec 2019 00:00:00 +0000

Are you considering opening a new business or restaurant in the Charleston market? Will Phillips was interviewed about his experience while finding Chasing Sage their ideal location in The Post & Courier series on how to build a successful restaurant. Click HERE then click the article on the...

New listing! For Sale-1,000 SF Retail in Heart of West Ashley!

Ravenelcommercial.com — Thu, 5 Dec 2019 00:00:00 +0000

Wonderful "hard corner" with turn light at the corner of Sam Rittenberg Blvd and Dupont Road in the heart of West Ashley. Excellent exposure. Right turn in/right turn out of property on Sam Rittenberg Blvd. Existing 1,100 SF office building could be renovated or demolished, along with a 1,161 SF...

Give Thanks!

Ravenelcommercial.com — Thu, 28 Nov 2019 00:00:00 +0000

Enjoy time with friends and family this Thanksgiving.

Happy Veteran's Day 2019

Ravenelcommercial.com — Mon, 11 Nov 2019 00:00:00 +0000

Thank you to all those service members that have served and continue to serve our country.

4.6 - 6.3 AC Prime Development Land Along I-95!

Ravenelcommercial.com — Wed, 9 Oct 2019 00:00:00 +0000

Just listed! 4.62 AC vacant land along I-95 for sale. Property adjacent also for sale to make 6.31 AC! Call William Phillips at 843.259.0859 for more information. Prime development area located in Opportunity Zone!

2.68 AC Vacant Land For Sale on Hwy 52 in Moncks Corner

Ravenelcommercial.com — Mon, 26 Aug 2019 00:00:00 +0000

For Sale! Will Phillips just listed 2.68 acres of commercial vacant land along Highway 52 in Moncks Corner. Click here for price and more information. Call Will at 843.259.0859 with any questions!

5,000 of Shared Warehouse Space Available For Lease on Clements Ferry

Ravenelcommercial.com — Thu, 22 Aug 2019 00:00:00 +0000

Patton Webb has listed 5,000 SF of shared warehouse space for lease at 1878 Clements Ferry Road. Click here for more information and photos. Call Pat at 864.980.8888 to schedule a showing.

Chasing Sage Restaurant Planned for 267 Rutledge Ave

Ravenelcommercial.com — Wed, 21 Aug 2019 00:00:00 +0000

Congratulations to Will Phillip's clients, Walter and Cindy Edward, who were featured in the Post & Courier regarding their forthcoming "herb-forward" restaurant at 267 Rutledge Avenue. Click here for more information about the new owners and their plans for Chasing Sage. Will assisted Walter &...

For Lease! 350-1,350 SF Office Space Available in North Charleston

Ravenelcommercial.com — Tue, 20 Aug 2019 00:00:00 +0000

Corky Carnevale has 350-1,350 SF of office space available for lease on the second floor of the Hope Clinic at 5880 Rivers Avenue in North Charleston. Call Corky at 843.224.7089 to schedule a viewing. Click here for more photos.

New Charleston Tech Center Commences Construction

Ravenelcommercial.com — Tue, 30 Jul 2019 00:00:00 +0000

The 6-story, 92,000 SF Charleston Tech Center has commenced construction right up the street from our offices! It will include a 816-space parking garage, retail, restaurant space, and a roof top terrace. It will be a great addition to North Morrison Drive! Learn more here.

Waterfront Lot in Watermark SOLD by Will Phillips!

Ravenelcommercial.com — Tue, 9 Jul 2019 00:00:00 +0000

Congratulations to Will Phillips on the sale of one of the last remaining waterfront lots in the Watermark subdivision in Mt. Pleasant!

26,226 SF Medical Office Bldg FOR SALE in West Ashley!

Ravenelcommercial.com — Fri, 7 Jun 2019 15:17:16 +0000

New listing! Huge opportunity to own a 26,226 SF medical office building in the heart of West Ashley's medical district. Call Will Phillips at 843.259.0859 to schedule a showing in the evenings or on weekends.

47 AC For Sale with Endless Possibilities in West Columbia!

Ravenelcommercial.com — Thu, 23 May 2019 00:00:00 +0000

Will Phillips has listed 47 acres of vacant land for sale in West Columbia, SC. Less than 2.5 miles from I-77 & I-26 intersection. Call Will at 843.259.0859 for more information or click here.

Sold! Congrats to Will Phillips on Representing the Seller of Waterfront Property on Johns Island

Ravenelcommercial.com — Mon, 20 May 2019 00:00:00 +0000

Congratulations to Will Phillips on representing his client in the sale of vacant residential land on the Stono River on Johns Island. Looking for a commercial real estate agent? Call Will today at 843.259.0859.

For Lease! 1,350 SF Medical/Office Space in East Cooper Medical Center

Ravenelcommercial.com — Wed, 10 Apr 2019 00:00:00 +0000

Patton Webb has listed 1,350 SF of medical or office space for lease in the East Cooper Medical Center in Mt. Pleasant. Click here for more photos. Call Pat at 864.980.8888 to schedule a showing.

Will Phillips Represents the Buyer in Purchase of Office Condo on Marina Drive

Ravenelcommercial.com — Mon, 8 Apr 2019 14:02:46 +0000

Congratulations to Will Phillips on representing his Buyer in the purchase of an office condo on Marina Drive, Charleston. Best of luck to the new owner!

Will Phillips Represents the Tenant in the Lease of 1,995 SF

Ravenelcommercial.com — Fri, 5 Apr 2019 00:00:00 +0000

Will Phillips of represented Body Bliss by Brandy, in the lease of 1,995 SF of commercial space at Plantation Point at Crowfield in Goose Creek. Best of luck to the new tenant!

Patriots Point Approves Bennett's Conceptual Master Plan

Ravenelcommercial.com — Tue, 19 Mar 2019 00:00:00 +0000

Bennett Hospitality's conceptual plan to develop 30 acres at Patriots Point was approved by the Patriots Point Development Authority. Read more here.

Just Listed! 16,587 SF Flex/Office/Medical Space For Lease

Ravenelcommercial.com — Tue, 12 Feb 2019 00:00:00 +0000

Just listed! Patton Webb, CCIM, has listed a 16,587 SF office/flex space on Johns Island. This standalone building has 6 classrooms/offices, men's and women's bathrooms with showers, industrial kitchen, and a large gymnasium. Ideal for office, medical, daycare or adult daycare, rehab facility...

Corky Carnevale Wins Volunteer Award from Molina Healthcare as a Community Champion

Ravenelcommercial.com — Mon, 14 Jan 2019 00:00:00 +0000

Please help us congratulate Corky Carnevale on receiving a Molina Healthcare award recognizing him as a local hero during its 4th Annual Community Champions Awards ceremony. Corky has served the Special Olympics as a Big Dogs basketball coach for over 25 years. He also helps his players with job...

Will Phillips Represents Landlord in Lease of 14,800 SF Industrial Space

Ravenelcommercial.com — Fri, 11 Jan 2019 00:00:00 +0000

Congratulations to Will Phillips on representing the Landlord in negotiating a deal to lease 14,800 SF industrial space in Moncks Corner!

Will Phillips Represents Tenant in the Lease of 1,965 SF at 267 Rutledge Avenu

Ravenelcommercial.com — Tue, 8 Jan 2019 00:00:00 +0000

Congratulations to Will Phillips on representing his tenant in the lease of 1,965 SF of commercial space at 267 Rutledge Avenue in downtown Charleston.

Merry Christmas to You and Yours!

Ravenelcommercial.com — Mon, 10 Dec 2018 00:00:00 +0000

Your local, experienced agents, property managers, and staff at Ravenel Commercial Properties wish you a Merry Christmas and blessings in the New Year!

One of Last Waterfront Lots For Sale in Watermark, Mt. Pleasant!

Ravenelcommercial.com — Mon, 12 Nov 2018 00:00:00 +0000

For Sale! One of the last waterfront lots in the sought-after Watermark neighborhood in Mt. Pleasant! Call Will Phillips at 843.259.0859 for more information.

Interior Lot in Sought-After Watermark Neighborhood For Sale!

Ravenelcommercial.com — Mon, 12 Nov 2018 00:00:00 +0000

For Sale! One of the last few interior lots for sale in the Watermark neighborhood in Mt. Pleasant. Call Will Phillips at 843.259.0859 for more information.

Charleston's Tech Companies Increasing Salaries to Compete with Other Tech Cities

Ravenelcommercial.com — Thu, 1 Nov 2018 00:00:00 +0000

Charleston's tech companies are trying to keep up with other tech cities with competitive salaries, as attracting talented workers continues to create a challenge for employers. A survey by Charleston Digital Corridor reports that wages are up from last year and nearly double the state's...

Ferry Wharf Development Underway on 18 Acres of Charleston Harbor Overlooking Ravenel Bridge

Ravenelcommercial.com — Tue, 30 Oct 2018 00:00:00 +0000

Bennett Hospitality has started development of the 18-acre Ferry Wharf project on the Mt. Pleasant side of the Charleston Harbor. The mixed-use project will have a parking garage, 2 hotels, an office building and retail space, and residential condominiums. Estimated costs are $325 million. Click...

The #1 Perk of Any Office Might Be Different Than You Think

Ravenelcommercial.com — Tue, 18 Sep 2018 00:00:00 +0000

A new survey of North American employees reveals that access to natural light and view of the outdoors are the number one attribute of the workplace environment. Click here to learn what other workplace factors were outranked by natural light.

24.78 AC Waterfront Tract on Rantowles Creek For Sale!

Ravenelcommercial.com — Tue, 4 Sep 2018 00:00:00 +0000

Will Phillips recently listed 24.78 AC along Rantowles Creek & Wallace Creek in Hollywood. Build a beautiful home with amazing views! Call Will at 843.266.3927 for more information.

14,800 SF Warehouse w/ Office For Lease in Moncks Corner!

Ravenelcommercial.com — Wed, 29 Aug 2018 00:00:00 +0000

Will Phillips has listed for lease 14,800 SF of industrial space at 1211 Ben Barron Lane in Moncks Corner. Learn more about the property here. Call Will at 843.266.3927 to schedule a showing.

$300M West Edge Project Continues Progress Along the Ashley River

Ravenelcommercial.com — Fri, 24 Aug 2018 00:00:00 +0000

The 3-million SF West Edge live-play-work complex along the Ashley River is seeing progress. Learn more about the project, including size, users, cost , and timeline here.

Are Distractions Causing a Loss of Productivity in the Office?

Ravenelcommercial.com — Tue, 14 Aug 2018 00:00:00 +0000

Where do you feel most productive? Working from home or working from the office? Click here to find out one expert's opinion.

Will Phillips Represents Tenant in the Lease of 10,100 SF on Sandlapper Parkway

Ravenelcommercial.com — Thu, 9 Aug 2018 12:30:53 +0000

Congratulations to Will Phillips on the lease of 10,100 SF of industrial space at 7581 Sandlapper Parkway, North Charleston. Call Will at 843.259.0859 to ask how he can help you meet your commercial real estate goal.

Will Phillips Represents Owner in the Sale of 151,683 SF in Gaston, SC

Ravenelcommercial.com — Mon, 6 Aug 2018 00:00:00 +0000

Congratulations to Will Phillips on the sale of 151,683 SF of industrial and office space at the former Charleston Aluminium building in Gaston, SC!

Pat Webb Represents Tenant in Lease at 1300 Savannah Hwy

Ravenelcommercial.com — Fri, 3 Aug 2018 00:00:00 +0000

Congratulations to Pat Webb on representing the tenant in the the lease of Suite 7 at 1300 Savannah Highway in Charleston!

For Lease! 952 SF Commercial Office or Residential Apartment on King St!

Ravenelcommercial.com — Wed, 11 Jul 2018 00:00:00 +0000

Pat Webb has listed for lease a second floor 3-room space on King Street in the heart of it all! Lease can be for commercial office or 2-bedroom apartment. Lease comes with one dedicated parking space and water. Non-smoking, no pets only.

Pat Webb Represents Clients in Lease Renewal of 5,000 SF on Clements Ferry Road

Ravenelcommercial.com — Mon, 9 Jul 2018 00:00:00 +0000

Congratulations to Pat Webb on representing the tenant and landlord in the lease renewal of 5,000 SF industrial space on Clements Ferry Road.

Will Phillips Represents Seller in Sale of 43 AC of Vacant Land

Ravenelcommercial.com — Fri, 6 Jul 2018 00:00:00 +0000

Congrats to Will Phillips on the sale of approximately 43 acres of vacant land in Bowman, SC.

Memorial Day 2018

Ravenelcommercial.com — Sat, 26 May 2018 00:00:00 +0000

Have a wonderful Memorial Day weekend from all of us at RCP!

7.79 AC Residential Lot For Sale on Marsh/Johns Island!

Ravenelcommercial.com — Mon, 14 May 2018 00:00:00 +0000

Large residential lot for sale along marsh in Johns Island! Only 2 minute drive to Limehouse boat landing. Includes transmission line corridor easement. Please call Will Phillips at 843.259.0859 for more details.

Large 482 AC Recreational Tract For Sale in Dorchester!

Ravenelcommercial.com — Fri, 13 Apr 2018 00:00:00 +0000

Will Phillips has listed a large recreational tract in Dorchester. Over 482 acres can be used for timber or a multitude of other uses. Zoned AC-Absence of Controls gives it a lot of flexibility! Call Will at 843.259.0859 for more information. Learn more here.

4 AC Vacant Land For Sale in Prime Commercial Hub in Moncks Corner!

Ravenelcommercial.com — Wed, 11 Apr 2018 00:00:00 +0000

Just listed! Will Phillips has listed approx 4 acres of vacant land in a commercial hub in Moncks Corner. Contact Will at 843.259.0859 for more information.

Pat Webb Represents Client in Lease of Retail Space on Dorchester Road

Ravenelcommercial.com — Wed, 28 Feb 2018 00:00:00 +0000

Pat Webb leased 696 SF of retail space at 10125 Dorchester Road, Unit A3, to his tenant client, Evolution Fitness. Congrats to Crystal and her new business venture!

Charleston CRE Expects Continued Growth in 2018

Ravenelcommercial.com — Mon, 5 Feb 2018 00:00:00 +0000

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...

9,000+ SF Heated & Cooled Warehouse For Lease!

Ravenelcommercial.com — Fri, 19 Jan 2018 00:00:00 +0000

9,144 SF freestanding temperature controlled warehouse for lease off Clements Ferry Road. Call Will Phillips at 843.259.0859. Click here for more information.

Prime Multi-family Development in Summerville For Sale!

Ravenelcommercial.com — Mon, 15 Jan 2018 00:00:00 +0000

For sale! Will Phillips has listed 3.83 acres of vacant land ready for development in Oakbrook Landing in Summerville. Click here for more information.

Former Charleston Aluminum Buildings on I-26 For Sale!

Ravenelcommercial.com — Fri, 12 Jan 2018 00:00:00 +0000

PRICED TO SELL! Will Phillips has listed the former Charleston Aluminum property on I-26 for sale. Property is 12.4 acres which includes space for further development if needed. Ask for property brochure and drone video link for more information. Call Will at 843.259.0859 to schedule a tour of the...

Merry Christmas to You and Yours!

Ravenelcommercial.com — Fri, 15 Dec 2017 00:00:00 +0000

Blessings for continued happiness and success throughout this holiday season and the coming new year!

South Carolina Sees Importance of Women-Owned Businesses

Ravenelcommercial.com — Tue, 12 Dec 2017 00:00:00 +0000

Women-owned businesses in South Carolina contribute approximately $15.7 billion in sales. South Carolina has the 4th highest growth rate for the number of women-owned firms over the past 20 years. See how South Carolina stacks up against the rest of the nation here.

21 AC Sold on HWY 178 in Bowman Near I-95

Ravenelcommercial.com — Tue, 14 Nov 2017 00:00:00 +0000

Congratulations to Will Phillips on the sale of 21.29 acres of vacant land near the intersection of Hwy 178 (Charleston Highway) and I-95.

Charleston Construction Sector Employs Over 15,000 Workers

Ravenelcommercial.com — Fri, 10 Nov 2017 00:00:00 +0000

Construction jobs in the tri-county area make up more than 15,000 jobs, typically paying more than the average annual wage. Learn more here.

Sold! Will Phillips Brokers Sale of IOP Oceanfront Vacant Land

Ravenelcommercial.com — Tue, 31 Oct 2017 00:00:00 +0000

Congratulations to Will Phillips on the sale of 710 Ocean Blvd on Isle of Palms. This was one of the last oceanfront lots on the island!

Freestanding Office/Flex Space Just Listed For Lease!

Ravenelcommercial.com — Tue, 24 Oct 2017 00:00:00 +0000

Just listed for lease! Very well-maintained large office building with some flex space. Building has roll up door. Warehouse space is heated and cooled with high ceilings. Entire building is 4,000 SF, but owner is willing to subdivide and lease 2,000 SF each. Office includes reception area...

MUSC Inks Deal to Lease Former JC Penney Space in Citadel Mall

Ravenelcommercial.com — Thu, 19 Oct 2017 00:00:00 +0000

MUSC signed a deal to open a 126,000 SF surgery center, imaging, and patient services center in the former JC Penney store in the Citadel Mall. The deal is part of the re-visioning and re-purposing of the entire mall. < Learn more here. >

Charleston CRE Market Shows Little Signs of Slowing Down

Ravenelcommercial.com — Mon, 9 Oct 2017 00:00:00 +0000

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...

As Airline Passengers Increase, Airport Expansions Likely

Ravenelcommercial.com — Wed, 4 Oct 2017 00:00:00 +0000

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...

For Lease! 1,700 SF Office Space in Masters Studios Building

Ravenelcommercial.com — Thu, 28 Sep 2017 00:00:00 +0000

Just listed! 1,700 SF of attractive office space in the front of the Masters Studios building on Rifle Range Road in Mt. Pleasant. < Click here for more photos and a floor plan. > Call Will Phillips at 843.259.0859 for more information.

Pat Webb Represents Clients in Lease of 5,000 SF on Clements Ferry Road

Ravenelcommercial.com — Wed, 27 Sep 2017 00:00:00 +0000

Pat Webb represented the tenant and the landlord in the lease of 5,000 SF of warehouse space at 1878 Clements Ferry Road. Congrats, Pat!

Will Phillips Sold Residential Tract on Bees Ferry Road

Ravenelcommercial.com — Tue, 26 Sep 2017 00:00:00 +0000

Will Phillips represented the sellers and the buyers in the sale of 12.4 acres at 0 Bees Ferry Road, Charleston, SC for $624,000. Congratulations, Will!

CRE Space Requirements May Rise After 2 Devastating Hurricanes

Ravenelcommercial.com — Fri, 15 Sep 2017 00:00:00 +0000

As the greater Houston area begins to recover from Hurricane Harvey, alongside its neighbors to the east in Florida, Georgia, and the Carolinas from Hurricane Irma, commercial real estate could see an immediate boost as tenants scramble for habitable space. Conversely, owners of mulitfamily...

State Approves Bennett's Plans for 61 AC Site at Patriot's Point

Ravenelcommercial.com — Tue, 5 Sep 2017 00:00:00 +0000

Developer Michael Bennett receives approval to move forward with 61 acre resort development at Patriots Point. The SC Fiscal Accountability Authority had to approve the proposal because the 99-year lease involves state owned land. Bennett's plan includes hotels, amphitheater, apartments...

CofC to Offer Bachelor's Degree in CRE Finance

Ravenelcommercial.com — Fri, 1 Sep 2017 00:00:00 +0000

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...

Renovations of Upper Peninsula Garner National & International Attention

Ravenelcommercial.com — Thu, 31 Aug 2017 00:00:00 +0000

Charleston's appeal continues to attract investors from outside the state and the country. With available parcels dwindling, developers are looking into previously neglected neighborhoods. A successful NY real estate developer is behind the new Pacific Box & Crate work-play environment. But as...

Publix Signs Lease for Rogue Motion Space on Folly Rd

Ravenelcommercial.com — Tue, 29 Aug 2017 09:53:07 +0000

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. <

Business Owners of Historic Architecture Beware

Ravenelcommercial.com — Thu, 17 Aug 2017 00:00:00 +0000

“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...

Another Office Suite Leased by Pat Webb!

Ravenelcommercial.com — Tue, 15 Aug 2017 00:00:00 +0000

Pat Webb, CCIM, represented the tenant, National Elevator Industry Educational Programs (NEIEP), in the lease of 1,168 SF in the Corporate Square II building in North Charleston.

North Charleston Based Good Done Great Acquired by YourCause

Ravenelcommercial.com — Wed, 9 Aug 2017 00:00:00 +0000

A company similar to Good Done Great has acquired the North Charleston based tech firm. YourCause, based in Austin, Texas, purchased GDG for an undisclosed amount. No layoffs planned. < Read more here about the companies' Inc.5000 rankings. >

Lack of Skilled Construction Workers A Big Problem Across Country

Ravenelcommercial.com — Tue, 8 Aug 2017 00:00:00 +0000

According to one CEO, two solutions to the diminishing pool of skilled construction workers are the recruitment of young people and the return of technical skills into high schools across the country. Trade work should be considered a career, not just a job, to overcome the negative impression...

Dubbed Silicon Harbor, Charleston Tech Scene Gains Momentum

Ravenelcommercial.com — Wed, 2 Aug 2017 00:00:00 +0000

"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...

Panama Canal Expansion Brings XL Vessels to Charleston

Ravenelcommercial.com — Thu, 27 Jul 2017 00:00:00 +0000

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...

2,800 SF Industrial Space Leased by Will Phillips

Ravenelcommercial.com — Wed, 26 Jul 2017 00:00:00 +0000

Leased! Congratulations to Will Phillips on leasing a 2,800 SF industrial space in North Charleston.

Pat Webb Represents Tenant on Lease in the Atrium Office Building

Ravenelcommercial.com — Tue, 11 Jul 2017 00:00:00 +0000

Leased! Congratulations to Pat Webb on finding the perfect space for his tenant in the Atrium Office Building at 7301 Rivers Avenue. Good luck to the new tenants!

Construction Continues to Rise on New Industrial Space in Lowcountry

Ravenelcommercial.com — Fri, 7 Jul 2017 00:00:00 +0000

Speculative construction of industrial buildings in the tri-county area is continuing to rise. Manufacturing companies, automotive suppliers, and port-related businesses are fueling the need for more space. According to CBRE, 273,000 SF of space was delivered in Q1 2017, with an additional 3.8M...

Happy Fourth of July!

Ravenelcommercial.com — Tue, 4 Jul 2017 00:00:00 +0000

Blessings to all our friends and family this Fourth of July and always. Let freedom ring!

140,000 SF Retail Center Planned For Mixed-Use Nexton Site

Ravenelcommercial.com — Thu, 15 Jun 2017 00:00:00 +0000

A real estate company purchased a 17 acre site in Nexton for $5.01M with plans to develop a 140,000 SF retail center called Nexton Square. Two popular dining spots in downtown Charleston, Halls Chophouse & Taco Boy, plan to open a restaurant in the new center. Groundbreaking this fall. << Read more...

2,000 AC Tract on Wadmalaw Island Sold for $18.36M

Ravenelcommercial.com — Wed, 14 Jun 2017 00:00:00 +0000

American Timberlands purchased approximately 2,000 acres of Wadmalaw Island along Point Farm Road. The new owners plan to use it as a high-end recreational tract, building a new lodge and using it for investors to hunt, fish, and entertain. << Learn more here about what the Coastal Conservation...

Mungo Homes Plans to Build Subdivision Between Nexton & Carnes

Ravenelcommercial.com — Wed, 7 Jun 2017 00:00:00 +0000

Congratulations to Mungo Homes on their new project, Mackey Farms, in Summerville. Will Phillips had the pleasure of representing the Mackey family in the sale of their property. We wish the entire Mackey family and Mungo Homes the best of luck in the future! << Read more here. >>

Millennials Encouraging Shift to Contemporary Office Spaces

Ravenelcommercial.com — Mon, 22 May 2017 00:00:00 +0000

As more millennials enter the workforce, they are requiring a shift in the type of office space they prefer. In Charleston, developers are spending money re-purposing properties or building innovated spaces, which leads to the ability to increase rental rates. High-caliber tenants now expect...

Plastics Warehousing & Packaging Co. Expands into Charleston

Ravenelcommercial.com — Tue, 16 May 2017 00:00:00 +0000

Mid-States Packaging, a third party warehousing and packaging outfit for plastic companies, has invested over $5M in a new facility on Goer Drive, North Charleston. Mid-States President, Chuck Giroux said, “The United States, with its natural gas, is a low-cost manufacturer of those pellets in...

Volvo Making Steady Progress at New Manufacturing Site in Berkeley County

Ravenelcommercial.com — Mon, 8 May 2017 00:00:00 +0000

Approximately 800 construction workers, managers, and engineers are onsite each day working fervently on the completion of the brand new Volvo site in Berkeley County. The plant will manufacture Volvo's S60 sedan. Full production will begin in 2018.<< Read more here about the production process...

Granite Dealer Signs Deal for Industrial Building

Ravenelcommercial.com — Thu, 4 May 2017 00:00:00 +0000

Will Phillips' tenant rep deal with Cosmos Granite is recognized by CoStar! << Read more here. >>

Owner of Former Piggly Wiggly Site Troubled By City's Eminent Domain Claim

Ravenelcommercial.com — Thu, 27 Apr 2017 00:00:00 +0000

Although City Council members voted to allow Mayor Tecklenburg to use eminent domain as a way to acquire the former Piggly Wiggly site on Sumar Street in West Ashley, some council members and many community members are not happy with the proposed use of the parcel, which is to build a new road...

Scout Boats To Expand Operations Facility in Summerville

Ravenelcommercial.com — Mon, 17 Apr 2017 13:16:38 +0000

Luxury fishing boat manufacturer, Scout Boats, announces plans to expand its Summerville-based facility with an additional 120,000 SF, creating 370 new jobs. << Read more here. >>

Will Phillips Listed in Biz Journal Hot Properties

Ravenelcommercial.com — Tue, 11 Apr 2017 00:00:00 +0000

Will Phillips is featured in the Charleston Regional Business Journal's "Hot Properties". << See more recent commercial deals here. >>

Auto Supplier Opens 145,000 SF Facility in N. Charleston

Ravenelcommercial.com — Tue, 11 Apr 2017 00:00:00 +0000

Wabco, a Brussels-based auto supplier, recently opened its new manufacturing facility in North Charleston. The new 145,000 SF building cost $20M and added 55 new jobs to the company's current employment in the Lowcountry. << Read more about their increase in production of air disc brakes for...

Will Phillips Brokers Lease on 42,500 SF Industrial Space

Ravenelcommercial.com — Thu, 6 Apr 2017 00:00:00 +0000

Will Phillips represented the tenant in the lease of 3235 Industry Drive, North Charleston, a 42,500 SF industrial space.

North Charleston's Olde Village Corner to be Redeveloped

Ravenelcommercial.com — Wed, 29 Mar 2017 00:00:00 +0000

The corner of East Montague and Virginia Avenue is being redeveloped in North Charleston's Olde Village. The new complex will be dubbed Marquis Station and will be expanded to a total footprint of 12,500 SF. The space will be home to an athletic club, coffee shop, and pet supply company, among...

Preliminary Plans for Morris Sokol Site Unveiled

Ravenelcommercial.com — Thu, 16 Mar 2017 00:00:00 +0000

Developers of the former Morris Sokol Furniture site presented conceptual design options to the public and gathered feedback during a week-long open house style forum. <<Learn about more of their ideas here.>>

Demand For Office Space in Charleston Market Continues to Grow

Ravenelcommercial.com — Thu, 9 Mar 2017 17:51:57 +0000

The Charleston market continues to see strong demand for office space. In downtown Charleston, asking rental rates have increased by 4.4% to $32.73 SF/YR and vacancy continues to decrease. Demand is driven by a variety of tenants including the growing technology sector. The office market grew by...

The Future of Apartment Living is Now

Ravenelcommercial.com — Thu, 9 Mar 2017 00:00:00 +0000

Architects are designing innovative ways to overcome housing and land shortages in urban cities across the globe. Unfortunately, high-quality, affordable housing has not kept up with demand due to the lack of support from private developers and the privatization of public housing authorities....

Charleston Art Scene Set to Get 5 New Venues

Ravenelcommercial.com — Tue, 7 Mar 2017 00:00:00 +0000

Charleston boasts about its art scene, but it lacks in space to exhibit it. That's about to change with the additional of 5 new venues offering space for music, theater, visual exhibits, and artists' work spaces. The newly renovated and remodeled properties will be located on the peninsula, West...

King Street Retailer, Dixie Furniture, to Close Location

Ravenelcommercial.com — Mon, 6 Mar 2017 15:14:00 +0000

After 71 years in business, Dixie Furniture located at 529 King St announced they are closing their downtown location. Nothing has been mentioned about the real estate or what the owners plan to do with the property at this time. <<Read Full Article Here>>

Amazing Time Lapsed Video of New Port Construction

Ravenelcommercial.com — Fri, 3 Mar 2017 00:00:00 +0000

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 around...

Charleston Council Votes to Remove 86 Properties From Hotel Zone

Ravenelcommercial.com — Thu, 2 Mar 2017 00:00:00 +0000

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...

Tourism In South Carolina Increases to Over $20 Billion

Ravenelcommercial.com — Mon, 27 Feb 2017 00:00:00 +0000

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...

Part of Citadel Mall Sells for $17 Million

Ravenelcommercial.com — Fri, 24 Feb 2017 12:40:00 +0000

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 Brokered Sale of Former Silos Restaurant

Ravenelcommercial.com — Thu, 23 Feb 2017 00:00:00 +0000

Will Phillips represented the owner and brokered the sale of 106 Martin Luther King, Jr., Blvd, in St. Stephen. Congrats, Will!

CRE Marketing Has Come A Long Way!

Ravenelcommercial.com — Wed, 22 Feb 2017 00:00:00 +0000

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.

Charleston's Upper Peninsula Continues Expansion with Pacific Box & Crate

Ravenelcommercial.com — Mon, 13 Feb 2017 00:00:00 +0000

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.

Rotating Food Vendors to Open on King St in March

Ravenelcommercial.com — Wed, 1 Feb 2017 00:00:00 +0000

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...

Shipyard Park, 20 AC Baseball Complex, Coming to Mt. Pleasant

Ravenelcommercial.com — Thu, 26 Jan 2017 00:00:00 +0000

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...

Deloitte 2017 Commercial Real Estate Outlook

Ravenelcommercial.com — Tue, 24 Jan 2017 14:04:00 +0000

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...

Charleston Airport Records Highest Passenger Counts in 2016

Ravenelcommercial.com — Fri, 20 Jan 2017 00:00:00 +0000

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...

LEASED! Will Phillips Facilitates Lease of Flex Space

Ravenelcommercial.com — Tue, 17 Jan 2017 00:00:00 +0000

Will Phillips represented the Landlord in the lease of 3501 Iron Horse Road, Ladson. The freestanding building is 3,600 SF.

SC State Ports Authority's Property Sells For $38M

Ravenelcommercial.com — Wed, 4 Jan 2017 00:00:00 +0000

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!

Ravenelcommercial.com — Sun, 1 Jan 2017 00:00:00 +0000

Happy New Year to all our friends and family from Ravenel Commercial Properties. Blessings for a prosperous 2017!

Merry Christmas!

Ravenelcommercial.com — Sun, 25 Dec 2016 00:00:00 +0000

Blessings for a Merry Christmas and prosperous New Year!

South Carolina in Top 10 Fastest Growing States

Ravenelcommercial.com — Tue, 20 Dec 2016 12:51:00 +0000

Data released by the US Census Bureau puts South Carolina as the 10th fastest growing state in the United States. Over the last 12 months, the state has gained over 66,000 residents and is expected to pass a statewide population of over 5 million in 2017. Read more here.

Dorchester Co. Plans Speculative Building in Winding Woods Commerce Park

Ravenelcommercial.com — Fri, 16 Dec 2016 00:00:00 +0000

To attract industrial tenants to the area, Dorchester County is planning a 100,000 SF speculative building on approximately 17 acres within Winding Woods Commerce Park, near St. George. Completion anticipated in summer 2017. Learn more here.

FOR LEASE! 3,600 SF Office and Warehouse

Ravenelcommercial.com — Thu, 15 Dec 2016 12:26:00 +0000

Will Phillips has listed for lease a freestanding building with 2,000 SF office space and 1,600 SF warehouse space. 6 individual offices with conference room, kitchenette, bathroom and reception area. Potential to add additional 4,500 SF onto building if needed.1 acre laydown. 5 minutes or less...

Tire Chemical Manufacturer to Invest in New Plant in Goose Creek

Ravenelcommercial.com — Tue, 13 Dec 2016 00:00:00 +0000

The majority of US tire production is done right here in South Carolina. Evonik Industries, an automotive tire supplier, is planning to invest $120M and create 50 new jobs at its newest chemical manufacturing plant in Goose Creek. Read more here.

Amazon Introduces Disruptive Technology to the Supermarket

Ravenelcommercial.com — Tue, 6 Dec 2016 11:40:21 +0000

Amazon has unveiled an advanced supermarket where shoppers can grab items and go without waiting in checkout lines. The disruptive technology uses machine learning, sensors and artificial intelligence to track items customers pick up. These are then added to the virtual cart on their app. If...

Mt. Pleasant Poised to Get 2nd Lowcountry Costco

Ravenelcommercial.com — Wed, 30 Nov 2016 00:00:00 +0000

Costco Wholesale Club entered into a formal agreement with Carolina Park Development Corp. to purchase a 21 acre site at Faison Road and Park Avenue, Mt. Pleasant. Learn more here.

HAPPY THANKSGIVING!

Ravenelcommercial.com — Thu, 24 Nov 2016 00:00:00 +0000

"In all things, give thanks." From our families to yours ~ Happy Thanksgiving!

Bob Ellis Shoes on King St to Close after 66 Years

Ravenelcommercial.com — Wed, 23 Nov 2016 11:55:58 +0000

Barry Kalinsky, owner of Bob Ellis Shoes at 311 King Street, has decided to sell the 18,000 SF property and close the business after 66 years. Kalinsky said several realtors have contacted him to sell the property, but the sale of Morris Sokol Furniture in February helped make his decision. He...

Blackbaud's Move to Subscription Model Boosts Earnings

Ravenelcommercial.com — Tue, 22 Nov 2016 00:00:00 +0000

Despite growing sales over 15% in the third quarter, largely due to the company's transition to subscription sales, Blackbaud investors still raising doubts that the company will reach its earning goals by year end. Read the full analysis here..

The Future of Malls in America

Ravenelcommercial.com — Mon, 14 Nov 2016 11:02:00 +0000

Over 20 enclosed malls have shut down since 2010 and more than 5 dozen are on the edge of closing down across America. However these numbers do not mean the end of the mall era, but a telling-tale that these developments need to evolve. During a recent seminar at the Urban Land Institute called...

Over 6,000 apartment units are either planned or under construction in Charleston

Ravenelcommercial.com — Sat, 12 Nov 2016 10:22:00 +0000

Charleston is seeing a massive wave of new of housing with more than thirty apartment projects planned or under construction. Combined this will total approximately 6,251 units between the peninsula, West Ashley, James Island, Johns Island, Daniel Island, and Cainhoy. The majority of new apartments...

FOR SALE! Will Phillips Listed Over 43 AC Along I-95

Ravenelcommercial.com — Thu, 10 Nov 2016 00:00:00 +0000

Will Phillips has listed over 43 acres of vacant land for sale in Bowman, SC along I-95. The property is zoned General Commercial and overlooks a lake. Parcel is less than 1/4 mile to the I-95 interchange.

Will Phillips Listed Over 56 AC Vacant Land for Sale

Ravenelcommercial.com — Fri, 4 Nov 2016 00:00:00 +0000

Will Phillips has listed over 56 acres of vacant land in Bowman, SC along Charleston Highway and I-95. There are three different parcels available for sale with high visibility and endless commercial potential on a heavily traveled corridor. Call Will at 843.266.3900 for more information.

HAPPY HALLOWEEN!

Ravenelcommercial.com — Mon, 31 Oct 2016 00:00:00 +0000

Boo! Happy Halloween from Ravenel Commercial Properties.

West Ashley Shoppes Sells for $17.3M

Ravenelcommercial.com — Thu, 27 Oct 2016 11:21:32 +0000

Continental Realty Corp., a Maryland based real estate investment company, purchased the West Ashley Shoppes, across from the Citadel Mall, for $17.3 million. Their VP of Acquisitions cited the high barriers-to-entry environment of new shopping centers and ongoing residential growth as reasons...

Area Development Magazine Ranks SC No. 2 For Doing Business

Ravenelcommercial.com — Thu, 13 Oct 2016 00:00:00 +0000

South Carolina was ranked No. 2 in Area Development Magazine's list of 2016 Top States for Doing Business. Among other things, SC ranked high because of its tax environment, business incentives programs, and its speed of permitting. Learn more here.

Former Unused Norfolk Southern Rail Line Project Moves Forward

Ravenelcommercial.com — Fri, 30 Sep 2016 17:19:00 +0000

Progress continues on a proposed project in the upper peninsula of downtown Charleston to turn the unused Norfolk Southern line into a linear park. The project, which is expected to cost approximately $30 million, would provide an economic benefit in new jobs and tourism dollars. Read more here.

Commercial Rental Rates to Increase in Charleston as Vacancy Drops

Ravenelcommercial.com — Mon, 26 Sep 2016 00:00:00 +0000

As the Charleston metro area continues to see impressive growth, demand for space in all sectors is outpacing supply. As businesses settle in Charleston, the need for more housing, improved infrastructure, better education options, and more retail, industrial, and office space is paramount as...

Another Auto Supplier to Set-up Shop in Charleston Metro

Ravenelcommercial.com — Thu, 15 Sep 2016 00:00:00 +0000

The Charleston Metro has enticed another auto supplier to invest in the area. Stoba, a manufacturer based in Germany, expects to spend $7.7 M and create 61 new jobs at its new 43,000 SF site in Berkeley County. They chose Charleston to be closer to their customers, like Bosch, the proximity to...

5 Tenant Rights in a Commercial Lease

Ravenelcommercial.com — Wed, 14 Sep 2016 00:00:00 +0000

Tenants have rights! Make sure you read your lease before you sign it. Your commercial real estate broker can help you negotiate a favorable lease. Read here about 5 of your rights under a commercial lease.

LAND FOR SALE! 5-25 AC on Hwy 17N

Ravenelcommercial.com — Wed, 7 Sep 2016 00:00:00 +0000

FOR SALE! Will Phillips and Carlyle Blakeney have listed a portion of undeveloped land for sale on Highway 17 N in Ravenel, SC. Call to schedule a tour of this property! Click here for more information.

SOLD! Will Phillips Represents the Buyer of Office Building

Ravenelcommercial.com — Tue, 6 Sep 2016 00:00:00 +0000

Congratulations to Will Phillips on finding the right office space for his client at 3509 Iron Horse Road in Ladson. SOLD!

Trident Tech Receives Approval for $79M Aeronautical Training Center

Ravenelcommercial.com — Wed, 31 Aug 2016 00:00:00 +0000

Trident Tech has raised $79M needed for construction and equipment for a new Aeronautical Training Center. The project was approved last week by the State Fiscal Accountability Authority. The center will be 224,000 SF and accommodate 5,400 students per year. Students will be educated and undergo...

Aerospace Industry Heavily Impacts South Carolina Economy

Ravenelcommercial.com — Fri, 26 Aug 2016 00:00:00 +0000

More than 30 aerospace companies have announced a new location or expansion in South Carolina since 2011. The annual economic impact of the state's aerospace industry has grown to $19 billion. Read more here.

Inc. Magazine Names 23 Lowcountry Companies Among Fastest Growing

Ravenelcommercial.com — Thu, 18 Aug 2016 09:57:14 +0000

Due in large part to the technology sector and construction trade, Inc. Magazine includes 23 lowcountry companies as fastest-growing private companies in America. The companies combined reached more than $300M in sales last year. Congratulations to a job well done! See the companies to make the...

$385M MUSC Children's Hospital Breaks Ground

Ravenelcommercial.com — Thu, 18 Aug 2016 00:00:00 +0000

The new MUSC women's and children's hospital broke ground this week and is expected to open in 2019. The hospital will be named after Shawn Jenkins, founder and CEO of Benefitfocus, who donated $25M toward the new hospital. MUSC President said of the hospital, "“Imagine what’s going to rise...

Data-Derived Offices Are Changing the Way We Work

Ravenelcommercial.com — Mon, 15 Aug 2016 00:00:00 +0000

"People just want to be able to be effective. Nobody likes going to work and being ineffective." Technology and data are allowing work spaces to change with the needs of employees, allowing them to dictate everything from traffic patterns, shared spaces, and room temperature. Read more here about...

Charleston's CrowdReach Tech Company Expanding

Ravenelcommercial.com — Fri, 12 Aug 2016 00:00:00 +0000

Charleston-based CrowdReach, a communications platform for small businesses, is growing out of its current location and expanding into a 3,500 SF space in 2017. The company launched in May of this year and already plans to hire 20 additional employees. Read more about their product here.

Charleston Metro Records Largest Gain in Construction Workers

Ravenelcommercial.com — Wed, 10 Aug 2016 00:00:00 +0000

The Charleston MSA added 1,000 construction workers in the past 12 months, the largest percentage increase in South Carolina, up 6%. Officials of the Associated General Contractors of America say despite the current increases, "construction employment [is] becoming less widespread as more...

CRE Thriving as SC's Economy Outpaces Nation

Ravenelcommercial.com — Mon, 8 Aug 2016 00:00:00 +0000

Anchored by Charleston and the upstate, South Carolina is projected to see a 3.6% economic growth this year, compared to the nation's 1.4% growth. Manufacturers' and distributors' demand for industrial and warehouse space is being propelled by the widening of the Panama Canal. Rents are...

Mercedes-Benz Breaks Ground at $500M Facility in N. Charleston

Ravenelcommercial.com — Fri, 29 Jul 2016 00:00:00 +0000

Due to year after year growth, Mercedes-Benz Vans are confident to invest in a new facility at Palmetto Commerce Park in North Charleston. Construction expected to take three years, create about 1,300 jobs, and cover 75 football fields. Learn more here.

Developers of Laurel Island to Study City's Needs

Ravenelcommercial.com — Fri, 22 Jul 2016 00:00:00 +0000

The developers of the new Lorelei project on Laurel Island (near Romney St & Morrison Dr) are studying the needs of the city before they determine what to build on the former 160 acre landfill. It will most likely be a combination of retail, office, restaurants, hotel, meeting space...

First Ship from Expanded Panama Canal Marks Milestone

Ravenelcommercial.com — Wed, 20 Jul 2016 00:00:00 +0000

A ship that passed through the newly expanded Panama Canal has made it to Charleston, an 8,500 TEU vessel named the Hanover Bridge. According to the Ports Authority CEO, “We look forward to seeing this larger class of vessels more frequently in our harbor, which offers the depth and capacity...

Planning Commission Denies St. Jasper Overlay District

Ravenelcommercial.com — Mon, 18 Jul 2016 00:00:00 +0000

Charleston's Planning Commission voted 5-2 against a new overlay district allowing the St. Jasper site to be primarily residential instead of mostly commercial. Read more here about the proposed overlay district here.

FOR LEASE! 2,000 SF Office Space

Ravenelcommercial.com — Wed, 13 Jul 2016 00:00:00 +0000

FOR LEASE! Will Phillips has listed 2,000 SF of office space off Clements Ferry Road. The space includes multiple offices, conference room, reception area, bathroom, and storage. Click here for more information.

Sold! Will Phillips Sells Industrial Property in North Charleston

Ravenelcommercial.com — Thu, 7 Jul 2016 00:00:00 +0000

Will Phillips represented the buyer and the seller in the sale of 2532 Spruill Avenue, an industrial building in North Charleston. Way to go, Will!

Publix Announces New downtown Location

Ravenelcommercial.com — Tue, 5 Jul 2016 17:13:00 +0000

Publix Super Markets announces addition of first downtown peninsula location at the WestEdge Development in Charleston. The 45,800 SF store is expected to open in 2018 and will offer the full array of services. Read more here

78,000 New Homes Coming to Charleston Metro Area

Ravenelcommercial.com — Tue, 5 Jul 2016 09:33:58 +0000

With 11 mega developments approved in the Charleston metro area, imagine the effects on commercial real estate.... 11 locations, 78,000 homes, 200,000 people. Read more here.

Southend Brewery to Become Lagunitas TapRoom & Beer Sanctuary

Ravenelcommercial.com — Tue, 5 Jul 2016 00:00:00 +0000

Southend Brewery is set to become Lagunitas TapRoom & Beer Sanctuary, which will offer small batch beers brewed in the existing 10-barrel brewhouse. According to their website, the new TapRoom will make available the two floors of event space to local non-profits for their fundraising efforts.

Happy 4th of July!

Ravenelcommercial.com — Mon, 4 Jul 2016 00:00:00 +0000

Celebrate our independence responsibly. From your friends at Ravenel Commercial Properties.

Terrace Plaza on James Island Sold to NY Company for $3.7M

Ravenelcommercial.com — Wed, 29 Jun 2016 00:00:00 +0000

The Terrace Plaza, home to James Island's Terrace Theatre, has been sold for $3.7M as an investment to a NY-based firm. The 20,000 SF center is home to Zia Taqueria, Crust Wood Fired Pizza, Studio Barre and How Art Thou. No changes currently planned for the center. Learn more here.

PeopleMatter Acquired by Snagajob

Ravenelcommercial.com — Thu, 23 Jun 2016 00:00:00 +0000

Charleston-based PeopleMatter announced today that it was being acquired by Virginia-based Snagajob. Snagajob connects hourly workers with businesses, while PeopleMatter provides employers with software that assists in hiring, training and scheduling. Seems like a perfect fit! Read more here.

For Lease - Medical or Office Space in Hollings Cancer Center

Ravenelcommercial.com — Wed, 22 Jun 2016 00:00:00 +0000

FOR LEASE! Will Phillips has listed 5,871 SF of Class A medical or office space in the Hollings Cancer Center in Mt. Pleasant. Click here for more information.

Critical Solutions Lands $33M Contract

Ravenelcommercial.com — Mon, 20 Jun 2016 00:00:00 +0000

Will Phillips' client, Charleston-based Critical Solutions International, was awarded a $33M contract to manufacture and supply 500 explosive systems to the Iraqi army to enable Iraqi soldiers to "effectively create safe passages through known and suspected danger areas and obstacles". Read more...

2 Day Googlefest Coming to N.Charleston in June

Ravenelcommercial.com — Wed, 15 Jun 2016 00:00:00 +0000

In June, Google will host a 2 day workshop with a focus on Educators and Small Business & Nonprofits at Trident Technical College's North Charleston campus. Registration is free, but required. Attendees will learn about Google Tools and Apps that can increase efficiency and productivity in the...

Buyer of Old Port HQ Requests Rezoning

Ravenelcommercial.com — Thu, 9 Jun 2016 00:00:00 +0000

Although the buyer of the Ports Authority headquarters on Concord Street is not disclosing plans for the property, they have requested a rezoning to make the building taller. The new zoning would allow for construction of a rooftop feature, while adding a public space (ie; green space, park, vendor...

Milken Institute Ranks Charleston No12 in Tech Sector

Ravenelcommercial.com — Thu, 2 Jun 2016 00:00:00 +0000

Charleston ranks #12 on the Milken Institute's list for its 5-year growth in gross domestic product in the high tech sector. Charleston's tech sector grew 16% faster than the national average in the past 5 years. Click here to see what the average wage is for employees of Charleston's digital...

Will Phillips Leases Industrial Space

Ravenelcommercial.com — Wed, 1 Jun 2016 00:00:00 +0000

Will Phillips represented the lessee in leasing 1,500 SF of industrial space at 1939 Belgrade Avenue, Charleston, SC. Congratulations to Knotty Woodcraft on their new space!

Memorial Day 2016

Ravenelcommercial.com — Mon, 30 May 2016 00:00:00 +0000

In memory of many, in honor of all. Thank you for your service to our great country.

Coworking is Changing the Face of CRE

Ravenelcommercial.com — Fri, 27 May 2016 00:00:00 +0000

Coworking is changing the face of the traditional office space. Shared and flexible spaces are in higher demand and tenants want shorter leases. People more often want an informal and low cost space and don't care about big corner offices anymore. Developers and building owners will continue to...

Mt. Pleasant Tech Company Zubie Receives $6M in Funding

Ravenelcommercial.com — Wed, 25 May 2016 00:00:00 +0000

Mt. Pleasant based tech company, Zubie, lands an additional $6 million in funding to improve its product line, scale its products for customers, and hire additional employees. The company makes a device to plug into a vehicle to collect data about both car and driver, used by individuals, insurance...

Blackbaud Building New $154M Headquarters

Ravenelcommercial.com — Tue, 24 May 2016 09:40:00 +0000

Tech nonprofit software company, Blackbaud, investing $154 million to expand its headquarters on Daniel Island into larger 360,000 SF facility. The company plans to create 300 jobs over the next five years. Read the press release here.

For Sale! - 3 Adjoining Executive Office Condos

Ravenelcommercial.com — Wed, 18 May 2016 00:00:00 +0000

FOR SALE! Will Phillips has listed three executive office condos in the Island Executive Center on Johns Island. Units 1A, 1B, and 1C are approximately 3,800 SF combined. Mr. Phillips also has listed for sale unit 1D, so the whole building can be purchased if additional space is needed! Click...

Southeast Frozen Food Expands for Third Time

Ravenelcommercial.com — Tue, 17 May 2016 00:00:00 +0000

Calhoun County is picking up another 30 jobs with the third expansion of the Southeast Frozen Foods facility in Gaston. Overall the company has invested $20 million and created more than 100 jobs. Current expansion plans will grow the facility to over 200,000 SF.

Rubber Manufacturer Investing in St. Stephen Operation

Ravenelcommercial.com — Fri, 13 May 2016 00:00:00 +0000

Viva Holdings, a rubber manufacturer, plans to renovate a 177,000 SF industrial property in St. Stephen, creating up to 200 new jobs. Products manufactured will be sold in the US and exported to China. Learn more here.

Blackbaud Earns No. 25 on Forbes' Fastest Growing Tech Firms

Ravenelcommercial.com — Tue, 10 May 2016 00:00:00 +0000

Blackbaud was named to Forbes' 25 Fastest Growing Public Tech Companies list for 2016. The list evaluates the past three years of revenue growth, projected growth, and solid earnings quality score. The company has over 35,000 clients and its software is designed to support nonprofits'...

Dunes West Golf Club Sold for $5.5M

Ravenelcommercial.com — Wed, 4 May 2016 00:00:00 +0000

The owner of RiverTowne Country Club and Snee Farm Country Club purchased Dunes West Golf & River Club for $5.5M. The new owner plans to enhance memberships at all three clubs. Read more here.

Millennials are Changing the Way the Office Looks

Ravenelcommercial.com — Tue, 3 May 2016 00:00:00 +0000

Have you noticed a trend in the way new office spaces are being designed and created? Millennials are continuing to dominate the conversation. Read more about how office spaces are changing for the better.

SCDOT Selects Company to Build New Port Access Road

Ravenelcommercial.com — Mon, 2 May 2016 00:00:00 +0000

The SC Department of Transportation has chosen a joint venture company, Fluor-Lane South Carolina, to build the new Port Access Road in North Charleston, connecting I-26 to the planned Hugh K. Leatherman Sr Terminal. The project will cost $220.7 million and will create a new interchange on I-26...

SC Commerce Dept Launches Tech Website

Ravenelcommercial.com — Wed, 27 Apr 2016 00:00:00 +0000

The SC Commerce Department created a new website, www.scinnovationhub.com, as a platform for entrepreneurs and tech-related businesses to access resources, connect with one another, post news stories and job listings, and event information.

SC Brewery Scene Continues Momentum

Ravenelcommercial.com — Tue, 26 Apr 2016 00:00:00 +0000

South Carolina has over 40 brewery locations throughout the state, occupying more than 200,000 SF. Breweries normally seek out smaller, older spaces with lower rents, while brewpubs are looking for visibility and high traffic counts. Softening legislation is helping more entrepreneurs enter the...

Roper St. Francis to Lease 5 Former Nason Medical Centers

Ravenelcommercial.com — Wed, 20 Apr 2016 00:00:00 +0000

Roper St. Francis signed long-term leases on five former Nason Medical Center buildings. Roper plans to turn three properties into Express Care locations and create 100 new jobs by the end of 2017. Learn more here.

Former Bowling Alley in West Ashley to be Replaced by Hotel

Ravenelcommercial.com — Tue, 19 Apr 2016 00:00:00 +0000

The owners of the Town & Country Inn in West Ashley are seeking approval for a new Home2Suites by Hilton across the street in the old AMF Triangle Lanes bowling alley. Conceptual approval has already been given by the Design Review Board. Read more here.

New Fulton Neighborhood to Bring Unique Modern Living to Mt. Pleasant

Ravenelcommercial.com — Mon, 18 Apr 2016 00:00:00 +0000

New luxury real estate is under construction in the Fulton neighborhood off Hwy 17 in Mt. Pleasant. Fulton is adjacent to a 245 AC tract of land that will be developed into Rifle Range Park, a collaborative effort by the Town of Mt. Pleasant and the Charleston County Park & Recreation...

Charleston Gearing Up for 4th Annual Dig South Tech Conference

Ravenelcommercial.com — Fri, 15 Apr 2016 00:00:00 +0000

2,500 attendees expected at Charleston's Dig South tech conference in less than two weeks. The 3-day technology focused conference includes networking events, speakers, panel discussions, and pitch event. Bidr won the Wild Pitch event at last years conference. Read more here.

Summit Contracting to Begin $20.5M Apartment Construction

Ravenelcommercial.com — Wed, 13 Apr 2016 00:00:00 +0000

Summit Contracting was awarded a $20.5M contract to begin construction on Proximity Drive, a mixed use apartment community in West Ashley off Bees Ferry. They will start construction this month and are expected to be completed in May 2017. Read more here about the size of the project.

United Community Bank Acquires Tidelands Bancshares

Ravenelcommercial.com — Wed, 6 Apr 2016 00:00:00 +0000

Tidelands Bank, headquartered in Mt. Pleasant, is set to be acquired by United Community Banks, which will enhance United's position in strategic growth markets in coastal South Carolina. The Boards on both companies unanimously approved the acquisition and is expected to close near the end of 2016...

Waitlist Me App Headquarters Moving to Charleston

Ravenelcommercial.com — Mon, 4 Apr 2016 00:00:00 +0000

Waitlist Me, a reservation management app, has relocated its headquarters to Charleston in part because its beauty and quality of life, which is advantageous in attracting and retaining tech talent. Read more about their plans in Charleston.

SC Moving Forward on Rail Access to New Volvo Facility

Ravenelcommercial.com — Thu, 31 Mar 2016 00:00:00 +0000

South Carolina agencies are beginning to move forward with plans to add 20 miles of railway between the new Volvo site and the existing railroad near Santee Cooper's Cross Generating Station. Completion is expected in the second quarter of 2019, but must first pass community approval.Read more here.

Will Phillips Sells Former Car Wash in Moncks Corner!

Ravenelcommercial.com — Tue, 29 Mar 2016 00:00:00 +0000

Senior Broker, Will Phillips, represented the seller, Farmers & Merchants Bank of SC, in the sale of 417 US Hwy 52, a former car wash in Moncks Corner. Way to go Will!

Happy Easter!

Ravenelcommercial.com — Sun, 27 Mar 2016 00:00:00 +0000

Happy Easter to you and yours!

Verge Solutions Relocates for More Space; Hires Local Tech Talent

Ravenelcommercial.com — Thu, 24 Mar 2016 00:00:00 +0000

Verge Solutions continues to see growth and potential in the Charleston talent pool as it expands into a 31,000 SF building in Mt. Pleasant and hires more employees. Verge is a healthcare software developer. Read more about their new CEO and future plans.

Free Co-Working Space at Rewined on Friday!

Ravenelcommercial.com — Wed, 23 Mar 2016 00:00:00 +0000

A pop-up co-working space at 577 Meeting Street, the Rewined candle headquarters, is happening this Friday, March 25th. Workers will have access to Wi-Fi, unlimited coffee, and office space until 5 pm. Must register for a space. Learn more here.

Groundbreaking for New I26 Interchange

Ravenelcommercial.com — Tue, 22 Mar 2016 00:00:00 +0000

The new Sheep Island interchange broke ground this week and will become exit 197 on I26. The interchange will connect with the Cane Bay community and Hwy 78 in Summerville. The project is expected to take at least two years. Read more about its timeline and goals.

Charleston on Track to Gain 20,000 Jobs in 2 Years

Ravenelcommercial.com — Wed, 16 Mar 2016 00:00:00 +0000

According to the Economic Outlook Forecast by the Charleston Metro Chamber of Commerce, Charleston is on pace to gain 20,000 new jobs by year end 2017, thanks to high-tech, manufacturing, STEM-based economy, tourism, the port system, and the military. Read more about the outlook here.

Tech Pros Discuss Technology in CRE

Ravenelcommercial.com — Tue, 15 Mar 2016 00:00:00 +0000

Experts gathered in Illinois to discuss technology in commercial real estate. Topics included design, construction, management & leasing, and tech start-ups. Read more here. Click here to check out Will Phillips' take on the value of technology in commercial real estate.

Beach Co. to Present Another Alternative to St. Jasper Site

Ravenelcommercial.com — Thu, 10 Mar 2016 00:00:00 +0000

Yesterday, the Beach Co. presented to the Board of Architectural Review -Large another alternative for the St. Jasper site. The new plan would keep the existing building and add 93,000 SF of office space, 53,200 SF of retail and a new parking facility. This plan is being presented in case the...

Will Phillips' Article on LinkedIn about Charleston's WestEdge Project

Ravenelcommercial.com — Wed, 9 Mar 2016 00:00:00 +0000

Will Phillips has published an article on LinkedIn about Charleston's new "Discovery District", called WestEdge in downtown Charleston. Plans call for 570 apartments, 1,000 hotel rooms, and 100-200 new businesses, generating 4,000 new jobs. Check out more about this forward thinking community...

Good Done Great Expands Again

Ravenelcommercial.com — Tue, 8 Mar 2016 00:00:00 +0000

Charleston based software company, Good Done Great, continues to experience growth as it expands into a two-story office building in North Charleston. It's 8th location in Charleston. Read more here.

Leased! Will Phillips Leased 4260 Piggly Wiggly Drive

Ravenelcommercial.com — Mon, 7 Mar 2016 00:00:00 +0000

Will Phillips facilitated the lease of 4260 Piggly Wiggly for the Landlord.

Charleston County to Terminate Lease with Chicora Life Center

Ravenelcommercial.com — Fri, 4 Mar 2016 00:00:00 +0000

The Charleston County Finance Committee voted to terminate its lease with the new 400,000 SF Chicora Life Center. They are looking for a new location.

Restoration Hotel & Gadsden House Named Among Top 100 Event Venues

Ravenelcommercial.com — Wed, 2 Mar 2016 00:00:00 +0000

The Venue Report, a blog that tracks event venues, has named the Restoration Hotel and the Gadsden House among the top 100 hottest newcomers to the market. Read more here.

Whole Foods to Open in West Ashley in 2017

Ravenelcommercial.com — Thu, 25 Feb 2016 00:00:00 +0000

Mayor John Tecklenburg is quickly fulfilling his vision to revitalize West Ashley as he announces the opening of Whole Foods on Savannah Highway in 2017. Learn more here.

FOR SALE: 29 AC Undeveloped Tract Next to Carnes Crossroads

Ravenelcommercial.com — Mon, 22 Feb 2016 00:00:00 +0000

FOR SALE! 29.37 acres of land next to Carnes Crossroads Development. Development agreement in place with the City of Goose Creek for single family residential. Click here for more information or call Will Phillips at 843.259.0859.

South Carolina to Sell $11.4M in Properties

Ravenelcommercial.com — Fri, 19 Feb 2016 00:00:00 +0000

The state of South Carolina hired a real estate company to sell off 45 state-owned properties. The total asking price for all properties is $11.4M. Learn more about individual properties here.

FOR SALE: Former Huddle House & Vacant Land

Ravenelcommercial.com — Thu, 18 Feb 2016 00:00:00 +0000

Will Phillips has listed a former Huddle House restaurant and adjoining land in St. George for $350,000. Click here for more listing information.

Neighborhood Association Still Unhappy with Sgt Jasper Renovations

Ravenelcommercial.com — Tue, 16 Feb 2016 00:00:00 +0000

The battle continues! Residents near the Sergeant Jasper building off Broad Street continue to disagree with proposed plans by the Beach Co. Read more about the Beach Company's future plans for the site. What do you think should happen?

Magnolia Project Owners File Bankruptcy

Ravenelcommercial.com — Wed, 10 Feb 2016 00:00:00 +0000

The developers of the "Magnolia Project" in the Charleston Neck Area have filed for bankruptcy, siting more than $23M in debt. They plan to sell most of the 182 acre property. Read more about the troubled history here.

Morris Sokol Building Sells for $22.5M!

Ravenelcommercial.com — Tue, 9 Feb 2016 00:00:00 +0000

The Morris Sokol Furniture building, a fixture on King Street for 94 years, sells for $22.5 million. Read more here.

Charleston's Industrial Market to Continue to Expand in 2016

Ravenelcommercial.com — Mon, 8 Feb 2016 00:00:00 +0000

According to a new report, Charleston's industrial market is seeing a rise in asking rents, declining vacancies, and active development. Read more about Charleston's demand for more industrial space.

Charleston Office Rental Rates Continue to Climb

Ravenelcommercial.com — Wed, 3 Feb 2016 00:00:00 +0000

Downtown Charleston office rental rates are currently more than $32 per SF. As they continue to climb, renters are looking to surrounding areas like North Charleston, West Ashley, & Summerville for more reasonable rates. Click here to learn how the increasing rates are lowering vacancy rates and...

Charleston Beer Exchange to Change Name & Move Next to Edmund's Oast

Ravenelcommercial.com — Tue, 2 Feb 2016 00:00:00 +0000

The owner of the Charleston Beer Exchange is moving his retail store next to his restaurant, Edmund's Oast, on Morrison Drive. The new 2-story, 2,000 SF space will have 1,000 craft beer varieties available. Learn more about the new space here.

Just Listed For Lease - Office & Distribution Warehouse In N. Charleston

Ravenelcommercial.com — Sun, 31 Jan 2016 00:00:00 +0000

Will Phillips and Carlyle Blakeney just listed 4260 Piggly Wiggly Drive, a flex distribution warehouse for lease in North Charleston. Click here for more details on this great opportunity.

Will Phillips Represents Tenant in Lease of Faber Place Office Space

Ravenelcommercial.com — Fri, 29 Jan 2016 00:00:00 +0000

Will Phillips of Ravenel Commercial Properties represented the Tenant, Angela Adams Consulting, in the lease of 1,419 SF of office space at 4130 Faber Place in North Charleston.

Short Supply of Affordable, Walkable Neighborhoods in US

Ravenelcommercial.com — Thu, 28 Jan 2016 00:00:00 +0000

Real estate brokerage company releases analysis of national neighborhoods. Only 14% manage to be affordable, walkable, and close to decent schools. Read more about the study here.

The Hottest Restaurants to See & Be Seen in Charleston

Ravenelcommercial.com — Wed, 20 Jan 2016 00:00:00 +0000

With so many delectable restaurants in Charleston, how do you know which one to choose? Here are the top 12 restaurants in Charleston right now...

Charleston Harbor Deepening Project Approved by Corps of Engineers

Ravenelcommercial.com — Tue, 19 Jan 2016 00:00:00 +0000

Charleston's harbor is one step closer to beginning its 52-foot deepening project. The Army Corps of Engineers signed the Record of Decision, which officially notifies Congress that the project has met the Corps' requirement. Read more about the decision here.

2016-Global CRE Trends to Watch

Ravenelcommercial.com — Thu, 14 Jan 2016 00:00:00 +0000

The CRE landscape is expected to continue much like it did in 2015 with ongoing economic, demographic, and technological trends. Read more about the six trends that will play a significant role in CRE in 2016.

Roper St. Francis to Expand into PT Practice

Ravenelcommercial.com — Wed, 13 Jan 2016 00:00:00 +0000

Roper St. Francis and ATI Physical Therapy are set to purchase Rehabilitation Centers of Charleston, an 8-clinic orthopedic and sports PT practice. The new partnership expects to open 7 additional locations in the region. Learn more about the acquisition here.

Tecklenburg Takes Office as New Mayor of Charleston

Ravenelcommercial.com — Tue, 12 Jan 2016 00:00:00 +0000

After 40 years in office, Mayor Joe Riley passed the torch to new Mayor John Tecklenburg. Tecklenburg said he wants to improve the public transit system and options for pedestrians and cyclists; create more parks; further efforts to extend Interstate 526; plan for flooding and rising sea levels;...

Cabela's Cancels Plans for 82K SF Store in Nexton

Ravenelcommercial.com — Mon, 11 Jan 2016 00:00:00 +0000

Outdoor sporting goods giant, Cabela's, cancels its contract to buy land in the new Nexton development for unknown reasons. Read more here.

CresCom Bank to Acquire Congaree State Bank

Ravenelcommercial.com — Thu, 7 Jan 2016 00:00:00 +0000

Once closed, CresCom's purchase of Congaree State Bank is expected to create combined assets of $1.5 billion. Read more here.

Charleston Ranks No. 17 on Milken's Best Performing Cities List

Ravenelcommercial.com — Wed, 6 Jan 2016 00:00:00 +0000

Charleston wages rose 5% faster than the national average and the high tech sector grew 16% faster. All factors contributing to Charleston's ranking No. 17 on Milken Institute's Best Performing Cities List. Read more here.

Social Media in 2016

Ravenelcommercial.com — Mon, 4 Jan 2016 00:00:00 +0000

Avoiding social media could be hurting your business. Are you still afriad to get your feet wet? Click here for the top 5 social media trends for 2016.

The Charleston Construction Boom Continues

Ravenelcommercial.com — Tue, 29 Dec 2015 00:00:00 +0000

The greater Charleston area continues its multi-family housing boom.Click here to see the projects recently completed and those underway.

Internet of Things is changing CRE

Ravenelcommercial.com — Mon, 28 Dec 2015 00:00:00 +0000

Technology is helping property owners create a better tenant experience, among other things. Read more here.

Three Charleston Hospitals to Join Together for Medical District

Ravenelcommercial.com — Tue, 22 Dec 2015 00:00:00 +0000

MUSC, Roper, and the Charleston VA plan to join together to create a medical district with more greenspace, better parking, and a pedestrian mall for medical staff and patients. Learn more here.

Group Wants to Transform Rail Line into Public Park

Ravenelcommercial.com — Mon, 21 Dec 2015 00:00:00 +0000

Could revitalizing an abandoned railway underneath I26 spark development and increase land values? Friends of the Lowcountry Low Line think so. Read more here.

100th Dreamliner Rolls off Boeing Line

Ravenelcommercial.com — Fri, 18 Dec 2015 00:00:00 +0000

Boeing announced it has completed its 100th Dreamliner airplane at the North Charleston factory. Read the announcement here.

Port Royal Site to be Auctioned Off

Ravenelcommercial.com — Thu, 17 Dec 2015 00:00:00 +0000

Residents and town officials want to see the former 300 acre Port Royal site in Beaufort County turned into commercial and residential developments with a marina. The latest deal to sell the property fell through and will now be auctioned off by the state. Read more here.

Mt. Pleasant Partners with Charleston County on Hwy 41

Ravenelcommercial.com — Wed, 16 Dec 2015 00:00:00 +0000

Mt. Pleasant Town Council has agreed to spend $400K in addition to Charleston County's $1.2M to begin the process of widening Hwy 41 to help with continuing traffic concerns. Read more here.

Two SC Architect Firm Announces Merger

Ravenelcommercial.com — Tue, 15 Dec 2015 14:55:00 +0000

Well known Charleston architect firm, LS3P, has announced it is merging with Myrtle Beach-based Hubbard Architecture LLC. Read the press release here

Mount Pleasant Considers Altering Traffic Circle Plan

Ravenelcommercial.com — Thu, 10 Dec 2015 00:00:00 +0000

Mount Pleasant Town Council has asked the town’s staff to look at the feasibility of changing plans for a traffic circle at the intersection of Coleman, Ben Sawyer and Chuck Dawley. The project, which has already received approval from the DOT, doesn't have approval by some residents and...

Growth and Rising Rents on King Street

Ravenelcommercial.com — Tue, 8 Dec 2015 00:00:00 +0000

For decades, small, locally-owned businesses have been the economic, and even social, cornerstones for dozens of small businesses in Charleston. Recently, King Street has started to see rapidly-rising rents as portions of the area continue to go through major redevelopment. Tenants have...

SC Launches International Strategy and Trade Division

Ravenelcommercial.com — Thu, 3 Dec 2015 00:00:00 +0000

The S.C. Commerce Department has launched an International Strategy and Trade Division to better recruit international companies to the state. The new division expects to strengthen relationships overseas, expand global connectivity and create new trade opportunities for the state’s existing...

Happy Thanksgiving!

Ravenelcommercial.com — Thu, 26 Nov 2015 00:00:00 +0000

Rise in Container Imports at Port of Charleston

Ravenelcommercial.com — Sun, 22 Nov 2015 00:00:00 +0000

Container imports at the Port of Charleston have been on the rise as more cargo is entering the US then leaving. The port unloaded over 74,000 containers in the month of August, while only loading approximately 60,000. As major global regions, including China (the top consumer of South Carolina...

Charleston Dorchester Mental Health Center Leases Space in North Charleston

Ravenelcommercial.com — Mon, 16 Nov 2015 00:00:00 +0000

The Chicora Life Center, formerly the Charleston Naval Hospital has signed a long-term lease with the Charleston Dorchester Mental Health Center. The 400,000 SF Chicora Life Center currently under redevelopment, will feature a myriad of social, government, non-profit and care facilities that are...

Controversial Shem Creek Project Breaks Ground Today

Ravenelcommercial.com — Thu, 5 Nov 2015 00:00:00 +0000

Greenville developer, AVTEX Commercial Properties, broke ground on a new 42,500 SF building with 234 parking spaces at 101 Coleman Blvd in Mount Pleasant. The controversial project has divided Mount Pleasant with some residents fearing what future development could occur in the town. According...

Leased: 4301 Dorchester Road

Ravenelcommercial.com — Tue, 3 Nov 2015 00:00:00 +0000

Will Phillips represented the tenant in the leasing of 9,000 SF of industrial space at 4301 Dorchester Rd in North Charleston.

Happy Halloween

Ravenelcommercial.com — Sat, 31 Oct 2015 00:00:00 +0000

Leased: 3261 Benchmark Dr

Ravenelcommercial.com — Thu, 29 Oct 2015 00:00:00 +0000

Will Phillips represented the tenant in leasing 9,600 SF of industrial space at 3261 Benchmark Dr in Ladson, South Carolina.

RCP New Office Construction Update

Ravenelcommercial.com — Mon, 26 Oct 2015 00:00:00 +0000

Construction is progressing well on our new office space at 960 Morrison Drive in downtown Charleston. The office design incorporates DIRTT wall, open workspaces, no address private offices, a state the art conference room, and phone booth for privacy. Keep following the project for further updates...

Charleston Named #1 Small City by Conde Nast

Ravenelcommercial.com — Wed, 21 Oct 2015 00:00:00 +0000

For the fifth consecutive year, Charleston has taken the top spot on a Conde Nast Traveler list. Charleston received an overall rating of 88.13 and ranked No. 1 for small cities in the U.S. For 2015 the magazine broke the award into two categories, smaller cities and big cities with New York taking...

Sold: 140 Church Rd

Ravenelcommercial.com — Thu, 15 Oct 2015 00:00:00 +0000

Will Phillips facilitated the sale of 140 Church Rd, a, 8,560 SF freestanding retail building in the town of St. Stephen in South Carolina.

Palmetto Railways' Plans Expansion

Ravenelcommercial.com — Tue, 29 Sep 2015 00:00:00 +0000

Palmetto Railways has submitted to US Army Corps of Engineering plans for two connections to existing rail networks. The purpose of the proposed project is to provide a modern intermodal hub that will serve the Port of Charleston. The 100-acre container yard would also provide rail and road...

South Carolina ranks #3 for doing business

Ravenelcommercial.com — Wed, 16 Sep 2015 00:00:00 +0000

Area Development magazine ranked South Carolina as the No. 3 state for doing business, based on a survey of site selection consultants. Read more here

New Branded Materials

Ravenelcommercial.com — Fri, 21 Aug 2015 00:00:00 +0000

Have you seen our logo recently? Ravenel Commercial Properties is the premier full service commercial real estate firm in the Lowcountry. Contact us today to hear more about how our services can help you achieve your goals.

Growing Business Finds New Home in Wando

Ravenelcommercial.com — Mon, 10 Aug 2015 00:00:00 +0000

Will Phillips of Ravenel Commercial Properties represented the Landlord, 116 Thomas Cary, LLC, in leasing 3,000 SF of office and warehouse space at 116 Thomas Cary Court in Wando.

High Tech Warehouses

Ravenelcommercial.com — Thu, 6 Aug 2015 00:00:00 +0000

Warehouses that were once filled with racks, boxes, and forklifts are changing. Today, warehouses fill up with something new -- the latest technology. Today's supply chains start in warehouses filled with both tangible tools like autonomous vehicles and cutting edge fixtures as well as...

Regional Builder Targets Mount Pleasant

Ravenelcommercial.com — Mon, 3 Aug 2015 00:00:00 +0000

Will Phillips of Ravenel Commercial Properties represented the seller, Kevin & Jean O’Donnel in the $120,000 sale of 263 Commonwealth Road, a vacant land parcel in Mt. Pleasant, to the buyer Galloway Family Homes.

CRE Tech Company VTS Raises $21 Mil

Ravenelcommercial.com — Wed, 15 Jul 2015 00:00:00 +0000

VTS, a commercial real estate management platform, has raised $21 million in new funding to help real estate owners, brokers and investors leverage data to make better decisions. With VTS, brokers, owners, and investors can collaborate in real time, and from any device, to manage their...

VR Tech Enters Real Estate World

Ravenelcommercial.com — Tue, 7 Jul 2015 00:00:00 +0000

Innovative tech start up Oculus Rift sees great potential for its virtual reality headsets in the real estate industry. The futurist tool always buyers to view property without ever having to step foot at the actual location. Read more here

Facility Upgrade for North Charleston Company

Ravenelcommercial.com — Fri, 12 Jun 2015 00:00:00 +0000

Will Phillips of Ravenel Commercial Properties represented the Landlord, Carolina Maritime Company, Inc., and the Tenant, Scaffolding Solutions, in leasing a 2.79 acre industrial site at 2635 Spruill Avenue in North Charleston.

New Sale Listing! 0 Lincoln Drive

Ravenelcommercial.com — Fri, 5 Jun 2015 00:00:00 +0000

For Sale: 43.43 acres of vacant land at 0 Lincoln Dr adjacent to I95 in Bowman for $152,005. Contact Will Phillips for more information about this property.

New Sale Listing! 0 Charleston Hwy

Ravenelcommercial.com — Thu, 4 Jun 2015 00:00:00 +0000

For Sale:16.21 acres of vacant land at 0 Charleston Hwy in Bowman, SC for $243,150. Contact Will Phillips for more information.

New Sale Listing: 0 Barl Rd

Ravenelcommercial.com — Wed, 3 Jun 2015 00:00:00 +0000

For Sale: 21 acres of undeveloped land at 0 Barl Road with substantial frontage on I-95 in South Carolina. Priced at $73,500. Contact Will Phillips for more information.

Sold! Moncks Corner Office Building

Ravenelcommercial.com — Mon, 1 Jun 2015 00:00:00 +0000

Will Phillips of Ravenel Commercial Properties represented the seller, Farmers & Merchants Bank of SC and the buyer, Jeri Holmes, in the sale of 215 Carolina Avenue, a freestanding office building in Moncks Corner.

New Sale Listing! 450 acre land listing

Ravenelcommercial.com — Fri, 29 May 2015 00:00:00 +0000

Located in Bamberg, South Carolina, Embree Station is a well managed recreational tract. The 450 acre property has many amenities including extensive timberland, two ponds, several fields and quality deer management feed plots, and a dock with seating area on the Edisto River. The land is under...

Sold! Moncks Corner Gas Station and Convenience Store

Ravenelcommercial.com — Fri, 1 May 2015 00:00:00 +0000

Will Phillips of Ravenel Commercial Properties represented Farmers & Merchants Bank of SC in the sale of 202 Rembert C. Dennis Blvd., a former gas station and convenience store, located in Moncks Corner.

Charleston Insurance Agency Secures New Office

Ravenelcommercial.com — Fri, 1 May 2015 00:00:00 +0000

Will Phillips of Ravenel Commercial Properties represented the Landlord, 828 Folly Associates, LLC, and represented the Tenant, AIS Insurance, in leasing 1,700 SF of office space at 1021 Rifle Range Road in Mt. Pleasant.

Successful 1031 Exchange in Mount Pleasant

Ravenelcommercial.com — Sun, 1 Feb 2015 00:00:00 +0000

After facilitating the sale of two other buildings owned by the buyer, Will Phillips of Ravenel Commercial Properties represented the buyer in the 1031 exchange purchase of an office building at 1004 Anna Knapp Blvd in Mt. Pleasant.