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Posts Category: Local News

Magnolia Project Owners File Bankruptcy

Posted & filed under Local News.

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.

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Charleston Office Rental Rates Continue to Climb

Posted & filed under Local News.

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...

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Roper St. Francis to Expand into PT Practice

Posted & filed under Local News.

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.

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Tecklenburg Takes Office as New Mayor of Charleston

Posted & filed under Local News.

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;...

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