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Industrial Property

Aug 07
South Carolina’s Industrial Market Remains Robust in 2019

South Carolina’s Industrial Market Remains Robust in 2019

By Charleston SC, commercial construction, Economic Growth, Industrial Property, Manufacturing

Collier’s “2019 Research & Forecast Industrial Report” shows demand is high throughout the state of South Carolina in the industrial market.  South Carolina’s industrial properties absorbed 4.81 million square feet, and the industrial market is expected to remain strong with a steady demand throughout 2019.  There are 13.37 million square feet of industrial properties under construction which will provide quality space to the market at increased rental rates, according to the report. Market Indicators Are Strong Accessibility to domestic and…

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Apr 30
Volvo Cars Campus Fueling Speculative Development in Berkeley County

Volvo Cars Campus Fueling Speculative Development in Berkeley County

By Charleston SC, commercial construction, Economic Growth, Industrial Property, SC

A Spartanburg developer is the latest firm to capitalize on the industrial growth expanding along the Interstate 26 corridor in Berkeley County.  The Upstate firm hopes to build one of Charleston’s largest distribution centers in the region. Speculative Building Plans in Berkeley County Johnson Development Associates has filed a permit application with the Army Corp of Engineers. They plan to fill  8.2 acres of wetlands at a 91-acre site in Jedburg.  The 829,000 square foot speculative building would be on…

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Mar 30
warehouse workers discussing logistics

International E-Commerce Transforming Industrial Real Estate

By commercial real estate, Industrial Property

Consumers these days are promised anything and expect everything when it comes to the seamless delivery of a product to their home. The supply chain from retailer to consumer follows an international web of retailers and logistics companies, with the goal of speeding up delivery of goods to the consumer.  The demand for urban warehouses and international distribution centers has transformed the industrial real estate market. The Effect of E-Commerce E-commerce has led to a borderless, international marketplace with growing…

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May 31
Industrial Property

Growth in Port and Manufacturing Economy Spurs Investment in Speculative Industrial Property

By Industrial Property, Manufacturing

The first quarter report by CBRE commercial real estate shows a long term trend for the Charleston region in high growth, starting with the construction of Volvo’s 2.3 million square foot manufacturing facility in the I-26 North submarket.  The completion of the Volvo facility is expected to have a long term positive impact on the local economy, similar to that of BMW in the Greenville-Spartanburg industrial property market. The BMW facility has led to a demand for facilities for a…

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