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new construction

New Construction, Remodeling, or Renovation: Which Is Right For You?

By Uncategorized

The average person often uses the terms “new construction”, “renovating”, and “remodeling” interchangeably. But did you know that they have very different meanings when you’re talking to professional contractors? What’s the difference between each type of project, and which category does your next project fall under? Let Carolina Services, Inc. answer your questions: New Construction With a new construction project, you’re typically starting from nothing to create a new, original space perfectly tailored to your needs. It may seem like…

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Vacancy Rates Go Up with New Construction of Office Buildings

Vacancy Rates Go Up with New Construction of Office Buildings

By Charleston SC, commercial construction, Commercial Space, Construction, Economic Growth, Uncategorized

As demand for new construction continues to grow in the Charleston market, vacancy rates continue to rise according to Colliers International Research & Forecast Q4 2018 Report.  The expectation is that the vacancy rate will continue this trend into the first few quarters of 2019.  This vacancy rate is on the rise primarily due to 11 new office buildings delivered in 2018, totaling 433,024 square feet of new construction. The Charleston office market has a total of 13,185,388 square feet…

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