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...
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...
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...
Will Phillips' tenant rep deal with Cosmos Granite is recognized by CoStar! << Read more here. >>
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...
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 is featured in the Charleston Regional Business Journal's "Hot Properties". << See more recent commercial deals here. >>
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...
Will Phillips represented the tenant in the lease of 3235 Industry Drive, North Charleston, a 42,500 SF industrial space.
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...
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.>>
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...
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 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...
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>>
