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...
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...
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...
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 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...
