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 to all our friends and family from Ravenel Commercial Properties. Blessings for a prosperous 2017!
Blessings for a Merry Christmas and prosperous New Year!
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.
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.
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...
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 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...
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.
"In all things, give thanks." From our families to yours ~ Happy Thanksgiving!
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...
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..
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...
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.
