With an average of 230 days of sunshine each year, a low cost of living, and endless recreational activities, Charleston is a joy to call home. As the second most popular place to live in the U.S., metro Charleston is booming, not only with new residents but with new construction and property investment opportunities too. But with the Tri-County's rapid rate of growth comes increased real estate demand and complexity. That's especially true for commercial real estate transactions. According to CoStar, near-zero vacancy rates and short supply have forced rents and sales to reach record highs. At the same time, online medical and grocery purchases, along with last-mile delivery needs, have driven a new desire for industrial space.
It's safe to say that there is a lot of opportunity on the table for commercial real estate sellers and investors in South Carolina. But capitalizing on that opportunity without the proper market knowledge, relationships, or risk analysis can actually be counterproductive to your goals. That's where Coldwell Banker Commercial Atlantic's commercial real estate brokers in Charleston, SC, come into play.
As experts in the commercial real estate industry for more than 37 years, our brokerage provides the highest level of service to clients in today's rapid, constantly-changing business climate.
At Coldwell Banker Commercial, we pride ourselves on having local power and a global presence. Our clients entrust their complex and lucrative commercial real estate deals to us because they understand the value of working with brokers who are familiar faces within the community. On any given day, you could be standing next to one of our brokers at a grocery store or local restaurant. As your friends and neighbors, we're proud to call the Lowcountry home. Though we have local roots, our resources and expertise are backed by a global network. That power gives our commercial real estate clients peace of mind, knowing they have access to a dynamic and diversified brokerage of highly-trained and educated agents.
From general commercial leasing services and property management to investment guidance and new property site selection, our team works tirelessly to exceed your expectations and meet your goals. Whether you're looking to buy, sell, lease, or develop, our commercial real estate brokerage in Hanahan, SC provides the up-to-date advice and time-tested market knowledge needed to facilitate any commercial real estate transaction, large or small.
Some of the commercial real estate specialties we focus on in South Carolina include:
At the end of the day, our commercial brokers and agents aren't satisfied until you're a happy customer. That's why every service and decision we recommend is made with your best interests in mind.
Perhaps you're in a situation where you need more space for a growing business. Maybe, instead, you want to capitalize on low-interest rates and buy a commercial real estate investment property to bolster your portfolio. Whatever your needs may be, whether as an investor or a small business owner, your goals are probably the same: lock in the best value and negotiate optimal terms for leasing, buying, or selling. When it's all said and done, you want to minimize expenses and maximize your ROI.
Unfortunately, commercial real estate is complex by nature. Given today's ever-changing real estate landscape and the challenges of our economy, working with a commercial real estate agent is the savviest way to save money and lessen the likelihood of making a poor investment.
That's because the very best commercial real estate brokers, like those at Coldwell Banker Commercial Atlantic, do more than putting "for sale" signs in yards and in newspapers. They have the tools and training to source and present research apropos to your commercial real estate purchase or sale. They also have the ability to provide transaction and advisory services to ensure every aspect of your CRE process goes smoothly and efficiently. But we're getting ahead of ourselves. Here are a few of the biggest reasons to work with a commercial real estate broker in South Carolina.
One of the most valuable reasons for working with a commercial real estate brokerage is that staff have a deep understanding of South Carolina's real estate market. In the Lowcountry, trends and market conditions are constantly changing. Opportunities are lost and found daily.
With this market knowledge, your commercial real estate broker in Hanahan, SC, can provide an easy-to-understand analysis of various commercial properties within your budget. They'll know what relevant properties are leased or sold for and how much. Savvy commercial real estate brokers are also always informed on local demographics and market indicators that impact your commercial real estate goals. For instance, with COVID becoming a more accepted part of our lives, leasing, and sales in retail have taken off, especially for Class A and Class B centers.
At Coldwell Banker Commercial Atlantic, we specialize in several commercial real estate services. Though each service is comprehensive and will differ for each client, here is a brief overview to help you understand the scope of our abilities.
We're proud to say that our commercial real estate brokers in Hanahan, SC, are equipped with all the necessary skills and traits to make your life easier. From transactional needs to marketing strategies, our experience and market knowledge is second to none, allowing us to ensure your success in today's market.
In an ever-changing commercial real estate industry, our approach to property management is constantly evolving. Our team has extensive experience in commercial real estate management and recognizes its importance as a foundation for long-term value and wealth. As such, Coldwell Banker Commercial Atlantic provides tailor-made property management packages that meet your specific assets needs and objectives.
Whether you're entering a build-to-suite or remodeling a commercial property, our associates are ready to represent you with facility planning, design, construction, zoning restrictions, and so much more. If you're looking for a brokerage that can guide you through every step of the construction process with your goals and budget at heart, look no further than Coldwell Banker Commercial Atlantic.
Coldwell Banker Commercial Atlantic provides comprehensive investment analytics to better evaluate potential investments and increase return on those investments. Additionally, our team can facilitate single or multiple-location transactions and also find alternative financing recommendations if needed.
From selecting the perfect building site for your property to overseeing its initial construction, our associates provide experience and expertise when you need it most, covering every step and service of property development. If needed, our team can assemble the right professionals to ensure your property is developed to your unique specifications and applicable regulatory standards.
Our commercial real estate brokerage represents clients in both the disposition and acquisition of property and works directly with you to determine your needs. We then strive to improve efficiency and reduce costs. We also assist financial institutions and government agencies in the management and disposition of âtroubled properties.' Our firm incorporates its spectrum of services to efficiently turn these properties around and improve their value for ultimate disposition.
If you're just getting started in commercial real estate investing, you're probably searching for reliable advice and best practices to follow. While hands-on experience and guidance from a commercial real estate broker are always best, a little advice never hurts. After all, there's a wide world of opportunity out there. As you begin to build a more robust portfolio, keep these tips and tricks in mind.
Commercial real estate deals can take a lot longer than traditional single-family transactions. That's true throughout the entire process, from purchase, to renovation, to selling. That's not a bad thing - after all, having impatience is a good way to rush into a poor decision. Instead of a means to quick cash, think of commercial real estate deals as a large bonus or as a vehicle for retirement.
Many commercial real estate investors jump right into the multi-family property space. However, it's essential to keep other types of properties in mind, such as mobile homes, office buildings, land, and even mobile home parks. Forget about your comfort zone. Instead, weigh your options and choose a niche that helps you meet your goals.
Commercial loans are quite different than their residential counterparts. In some ways, they're better. Though down payments are typically higher, meaning you'll put more down, there's often no personal liability involved. Plus, commercial loans can be more forgiving when borrowing money for down payments. The bottom line is to search for the best lenders before making an offer. If you're having trouble, ask your commercial real estate broker for assistance, as they often have connections and partnerships with relevant entities.
If you're used to buying residential homes, you're probably familiar with some formulas, such as buying 75% of after-repaired value minus the estimated cost of repairs. Depending on the type of commercial property you're buying or selling, you'll have different formulas to learn. Two examples are Cap Rates and Net Operating Income. Learning these formulas can be very beneficial when making an offer.
If you find yourself discouraged with the commercial real estate game, remember that the team at your commercial real estate brokerage is there to make your life easier. At Coldwell Banker Commercial Atlantic, we have a powerful brokerage with a team of over 20 highly skilled and educated agents. Our job is to serve you, whether you're a new investor looking for your first deal or an experienced property owner looking for 1031 tax investment advice.
HANAHAN — A parade of emergency response vehicles and a school bus were the first to drive a newly opened mile-long stretch of Railroad Avenue, a road project recently completed after years of work.The extension runs from Mabeline Road to Eagle Landing Boulevard, adding a two-lane roadway along the eastern side of the existing CSX rail line, with a sidewalk along one side of the road.Though only a mile, the new stretch connects the northwest corner of the city, where several neighborhoods and Hanahan Elementary School are...
HANAHAN — A parade of emergency response vehicles and a school bus were the first to drive a newly opened mile-long stretch of Railroad Avenue, a road project recently completed after years of work.
The extension runs from Mabeline Road to Eagle Landing Boulevard, adding a two-lane roadway along the eastern side of the existing CSX rail line, with a sidewalk along one side of the road.
Though only a mile, the new stretch connects the northwest corner of the city, where several neighborhoods and Hanahan Elementary School are, to the rest of the city, said Mayor Christie Rainwater.
Prior to the extension, drivers had to take a roundabout route and cross the railroad tracks twice.
“In order to get to the Eagle Landing ... part of the city, you actually had to leave the city, cross over the railroad tracks, go to another city (North Charleston), and then go down Rivers Avenue, cross back over the railroad tracks and get back into (Hanahan),” she said. “So obviously it was inconvenient to say the least.”
It was also completed after more than two decades of delays, which ballooned the cost from a $4 million federal earmark in the 1990s to more than $20 million by the time the county broke ground on the project in 2021.
Berkeley County’s 1 percent sales tax to pay for infrastructure contributed more than $16 million to the funding.
Officials said the delays were due to a number of bureaucratic hurdles and discussions between the county, the S.C. Department of Transportation and CSX, all of which had to review and approve various aspects of the project. Funding issues contributed as well, Rainwater said — the longer other delays took, the more expensive the project became and the more time it took to secure further funding.
Town and county officials held a ribbon cutting for the road extension on March 17, with a cohort of former mayors and other public officials in attendance such as former U.S. Rep. Henry Brown, who helped secure the initial federal earmark. Officials, local emergency responders and other attendees took to the school bus and emergency vehicles to drive through a blue ribbon and up the mile of road.
Rainwater said the extension saves at least 10 minutes of driving, and that’s without traffic and train-related delays. During rush hour or when a train is stopped on the tracks, it took even longer for drivers to get to their destination.
Berkeley County Supervisor Johnny Cribb pointed out it will also help ease congestion on Rivers Avenue.
“Think about all the cars that leave Hanahan, go out on Rivers Avenue, go to the intersection of Ashley Phosphate and Rivers needlessly every single day,” he said. “Every one of those cars are now pulled off that road, so that helps regional transportation.”
It was also a public safety issue when emergency vehicles are trying to get to the northwest part of town, Rainwater said.
Though acknowledging that not all road projects take so long, attendees at the ribbon-cutting made a number of jokes about the length of time it took to complete the extension. Rainwater said one resident called her reporting that her daughter was about to graduate from high school and to ask if the student could drive it before she left for college.
“If anybody here has got a good idea on a road project that might be done in the next 30 years, let us know today before you leave so we can get it done in your lifetime,” Cribb joked.
Cribb pointed out each county has a “dinosaur” of an infrastructure project that has taken years to complete, referencing the Highway 526 in Charleston County and the Berlin G. Myers Parkway in Dorchester County. The Railroad Avenue extension has been Berkeley County’s, he said.
HANAHAN, S.C. (WCBD) – It was a chilly and crisp October night in the Otranto neighborhood on Monday, a perfect setting for the community’s annual Halloween decorating contest.A walk down many of the Italian-named streets and you’ll see the sparkle of orange, green and purple lights inviting a view from passersby — but look a little closer and you’ll find skeletons running amuck and ghosts dangling in the trees high above.While many homes in the neighborhood are beautifully decorated for the fall s...
HANAHAN, S.C. (WCBD) – It was a chilly and crisp October night in the Otranto neighborhood on Monday, a perfect setting for the community’s annual Halloween decorating contest.
A walk down many of the Italian-named streets and you’ll see the sparkle of orange, green and purple lights inviting a view from passersby — but look a little closer and you’ll find skeletons running amuck and ghosts dangling in the trees high above.
While many homes in the neighborhood are beautifully decorated for the fall season, the star of the show is there along Monte Sano Drive where you’ll find home after home boasting dazzling but spooky décor.
Just past a home where Freddy Kruger himself sits off the front porch — and across from Roma Road — is a wildly haunted cemetery scene. There is much to take in with a dark creature looming over the graveyard and eye-catching creatures no matter where you turn.
At this home you will find a sign out front begging neighbors to keep Halloween a beloved holiday. “Do not let Halloween be a thing of the past,” the sign read. “Decorate, turn on your light, hand out candy … Be a community!”
It was the Judge’s Choice 1st place winner.
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A walk around the loop, enjoy the sights and sounds of inflatable ghosts and animated ghouls shouting at you from the roadway. Or a skeleton who was not able to keep anything down.
On the opposite end of Monte Sano Drive is a home you simply cannot miss. Set with a purple and green glow are myriad Halloween animatronics begging for your soul. From witches to skeletons, a giant werewolf and even the headless horseman — be sure to stop and see what this yard has to offer.
Our favorite was the green goblin and a nicely timed scare. The home won second place scariest yard.
And just across the street you’ll find large sheets of spiderweb draping portions of the yard. A frightening scarecrow and large ghosts were the setting for this home winning second place most creative.
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A short trip away down Monte Sano Court and you’ll find a home fit for Jack and Sally.
Say hello to Oogie Boogie and the gang as you walk through the pumpkin shaped door and take in the Nightmare Before Christmas themed yard including scenes from Halloween, Easter, and Christmas.
HANAHAN, S.C. (WCIV) — Learning how to save lives one class at a time is the goal of a course at Hanahan Middle School."Our principal came to me last year , wanting to start a new class," teacher Susan Hill said. "And we did."Read more: Berkeley County begins construction of Nexton Middle School...
HANAHAN, S.C. (WCIV) — Learning how to save lives one class at a time is the goal of a course at Hanahan Middle School.
"Our principal came to me last year , wanting to start a new class," teacher Susan Hill said. "And we did."
The new class, called Introduction to Health Professions, brings the medical world to the classroom.
"We go through a lot about the body systems, different tools used by health professionals, and different types of jobs," Hill said.
For students to get a complete understanding of what it’s like to work in the medical field, health professionals from the community are invited to come speak, including Rodney Profit, a training captain with Boeing Security and Fire.
Learning about these jobs isn't the only takeaway for the students; they leave the course certified in basic life support.
Learning how to save lives one class at a time is the goal of a course at Hanahan Middle School. (WCIV)
"We do everything from adult child infant, CPR, choking first aid, and AED usages to get these students certified in basic life support," Profit said. "Students are given a chance to kind of look and explore what's out there for them and letting them know that there are no hurdles. If there are any hurdles, they can transverse those hurdles, but no one can tell them they can't do what they want to do.”
This encouragement has left students with the world at their fingertips.
"This has opened a lot more like pathways," student Lianny Martinez said.
Student, Savannah Wika said, "I would say it really like helped me realize what I really want to do for like a job. It really opened up what's happening when you go to the hospital."
The course also includes off-campus field trips. The class recently visited Charleston Southern University (CSU), where students got a tour of the campus.
For Hill, she believes each and every one of the students are more than capable of accomplishing their dreams.
"I just hope they understand how valuable they are and what a future they have," she said. "They have their whole lives in front of them and I'm just really excited to see what they do with that."
Hill says she could not be prouder of her students and teaching them has been a rewarding experience.
Musicians and business owners across the Charleston area will be celebrated for their achievements at the annual Lowcountry Music Hall of Fame.The idea to create a local celebration for the area’s musicians came from Michael Davis in 2015. Davis owns the 25-plus-year-old Ye Olde Music Shop in Hanahan. The store is advertised as the largest Gibson, Fender, Martin, Taylor a...
Musicians and business owners across the Charleston area will be celebrated for their achievements at the annual Lowcountry Music Hall of Fame.
The idea to create a local celebration for the area’s musicians came from Michael Davis in 2015. Davis owns the 25-plus-year-old Ye Olde Music Shop in Hanahan. The store is advertised as the largest Gibson, Fender, Martin, Taylor and Paul Reed Smith dealer in South Carolina. Davis was inspired by his business and customers to create a new Lowcountry tradition that went beyond his beloved shop.
The Hall of Fame has inducted several well-known Charleston artists, as well as some “unsung heroes” who can benefit from the recognition. The inaugural ceremony in 2015 inducted local music stores, politicians and music schools, with the tradition continuing into 2023.
The Lowcountry Hall of Fame will introduce 15 artists, business owners and radio personalities into the 2023 catalogue.
Attendees can enjoy food trucks, music mastery and good times with local music lovers at the induction ceremony for the 2023 Lowcountry Music Hall of Fame at 1 p.m. Oct. 22 at the Hanahan Amphitheater, 3100 Amphitheater Ave.
If you’re catching our Best of SC Music 2023 edition, then you’ll see the records voted the top 20 out of South Carolina this past year.
But what about the albums we loved that missed the cut? Here, our writers share their picks that didn’t quite make it into the top 20 and why we think they still deserve some recognition.
Hirow, EL and Ivory Keys: “One Spliff And Three Minorities”
An EP came out in August that quickly established itself as one of the most interesting local releases from the 2023 Charleston music scene. A trio of hip-hop artists, Hirow, EL and Ivory Keys, collaborated on the EP, released under the title “One Spliff And Three Minorities,” which is also the name of the group. The EP immediately envelops the listener in its atmosphere with a dark and cinematic sound. Skeletal, low-tempo electronic beats anchor the songs’ moody twists and turns through movie-score string arrangements, muted bass lines and a generally haunted feel. The three MCs shadowbox each other throughout the song, dipping into their verses with lines like: “One too many shots I turn into Keith Urban” and “Stuck inside a house like I’m Macaulay Culkin,” which drift up out of the hazy, seductive feel of the music, turning the tired cliché of rap boasting into something funnier and more universal.
The Travelin’ Kine: “Ride”
The first two tracks on veteran Charleston sextet The Travelin’ Kine’s new album “Ride,” released in early September, will feel like home to longtime fans. These two tracks — “Again” and “Mean It This Time” — are right in the band’s wheelhouse. Singer and guitarist Slaton Glover’s rough-hewn vocals and heartfelt lyrics fit perfectly over the band’s deft mix of Americana roots music and country. The album’s producer, Josh Roberts, seems to be everywhere these days; he just finished producing and playing guitar on Columbia folk singer Danielle Howle’s new album “Current,” and he leads his own popular rock band, Josh Roberts & The Hinges. The sound Roberts and the band created on “Ride” definitely has a little more muscle than the 2016 debut album “Change In The Wind,” but these opening tracks sum up The Travelin’ Kine’s familiar easy-rolling sound.
BERKELEY COUNTY, S.C. (WCSC) - Hundreds gathered in Hanahan on Saturday for a full-day affair dedicated to honoring the nation’s veterans.Several community members say it is vital to prioritize our Lowcountry military before, during and after their service.“That’s what it’s all about,” Navy Veteran Jerry Oldham says. “Right here. I’m one of you all, you’re one of us. We’re in this all together.”After two tours in Vietnam and several years of service, Oldham now ...
BERKELEY COUNTY, S.C. (WCSC) - Hundreds gathered in Hanahan on Saturday for a full-day affair dedicated to honoring the nation’s veterans.
Several community members say it is vital to prioritize our Lowcountry military before, during and after their service.
“That’s what it’s all about,” Navy Veteran Jerry Oldham says. “Right here. I’m one of you all, you’re one of us. We’re in this all together.”
After two tours in Vietnam and several years of service, Oldham now calls the Lowcountry his home.
He believes post-military resources didn’t always exist, but they are more important than ever.
“There’s more programs, opportunities, more things that look to help veterans today that weren’t there in the past.”
400,000 veterans currently live in the state out of 20 million nationwide, according to studies done by the South Carolina Department of Health and Environmental Control.
28% of them are experiencing a disability of some kind, whether physical or mental health-related.
Besides the day filled with speeches, songs, treats and trinket shopping, a handful of vendors were in attendance to support transitioning and post-service veterans.
“Whether it’s a lifelong career or just a few years, they come out different than when they went in,” City of Hanahan Mayor Christie Rainwater says. “They often need services and support.”
“Education, employment, nutrition, housing, social networking, all the different things which hug a veteran through their transition,” Palmetto Pathfinder Jean Brooks adds.
Palmetto Pathfinder is one of the many options available to veterans who need assistance.
It is a three-day mentorship program through the statewide Department of Veterans Affairs.
“A Pathfinder is a mentor for other veterans,” Brooks says. “We can speak to each other in our own language and provide resources.”
Oldham says it is heartwarming to see advocacy and celebration from the community in a time where it is becoming “less common.”
“It kind of hurts me sometimes, the things that happen today because people just don’t appreciate it.”
The City of Hanahan has been a long-time supporter with a population consisting of mostly military families.
They say they hope to continue to foster relationships and work toward making resources more accessible until the festivities start again next year.
“To those post-military, say ‘Hey, how can we support you, what are you in need of? You have served us, now we want to serve you.’”
For information on Veterans Affairs services, click here.
For information on the Palmetto Pathfinder Program, click here.
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