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 James Island, 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 James Island, 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 James Island, 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.
JAMES ISLAND — All 10 barstools were taken when I stopped by The James on a recent Monday in August. According to an employee, that has been a nightly occurrence at the new James Island restaurant, now open at 1939-A Maybank Highway in the former Zia Taqueria space.With cushioned bar chairs, the globe-lit bar is a nice place to grab a drink or a full meal, though there is plenty of seating inside the large restaurant, part of the Neighborhood Dining Group (Hu...
JAMES ISLAND — All 10 barstools were taken when I stopped by The James on a recent Monday in August. According to an employee, that has been a nightly occurrence at the new James Island restaurant, now open at 1939-A Maybank Highway in the former Zia Taqueria space.
With cushioned bar chairs, the globe-lit bar is a nice place to grab a drink or a full meal, though there is plenty of seating inside the large restaurant, part of the Neighborhood Dining Group (Husk, Delaney Oyster House and Minero).
The bar area — which also features four high-top tables and a handful of booths with checkered upholstery — is separated from the dining room by a small partition. In the late afternoon, that portion of the 4,600-square-foot space is brightened by the sunlight that seeps in through a few long windows.
Between the farmhouse-inspired space that has come to define Husk and the classic oyster house aesthetic at Delaney, Neighborhood Dining Group President David Howard has shown he has a knack for conjuring up successful dining venues.
When he first told me about The James, Howard described it as an American grill that patrons might visit for a quality hamburger on a Tuesday before coming back for the prime rib over the weekend. The James’ clean, sharp look tells diners exactly what to expect — a restaurant where quality matters, but the chefs aren’t trying to reinvent the wheel. A restaurant where shorts are just as acceptable as a suit.
The food is equally as approachable, with salads, Parker House rolls, tuna tartare and fried shrimp with a trio of dipping sauces among the appetizer options. Judging by my surrounding diners, the salads — far too big for one person — have proven to be a hit, though they might require an extra side of dressing.
Decorated with Garden & Gun readers and Southeastern Wildlife Exposition attendees in mind, a new club on King Street is appealing to the upscale sporting class of the Lowcountry.
The dimly lit den interior of Lamar’s Sporting Club opens into a leather couch sitting room equipped with a library that highlights Ralph Lauren and Polo, among equestrian artwork. Mounted on the walls are gold sconces as well as ducks and a giant elk.
Step farther inside, and the black marble-topped bar and brown leather barstools beckon in front of a liquor cabinet overflowing with bourbon options.
“Our clientele are like-minded individuals who enjoy a comfortable setting to enjoy sports and nightlife,” said Lea Aylor, Republic DMG’s director of sales and brand experience.
The club, formerly 1st Place Premium Sports Pub, is owned by Lamar and Leva Bonaparte of the Republic DMG hospitality group.
Ten television screens that will air football games on the weekends are covered in the meantime by hunter green velvet curtains, while a wooden DJ booth in the far corner will host a spinner of Studio 54 classics, from ’70s disco to Motown on weekend nights.
It’s a classic-yet-modern 2,000-square-foot space that looks as though it could host your latest book club or bachelor party. It’s already served as a popular private event space for political candidates and VIP members.
Only those with a membership or who are dining next door at one of the Republic DMG’s other establishments (Republic, Bourbon N’ Bubbles or Mesu) can access the lounge on a weekend evening.
However, Lamar’s Sporting Club is open to the public on Saturdays and Sundays during the day for brunch, with games playing during football season.
“Every seat in here has a good view of football,” said Aylor, noting the curtain placement shielding the screens during their off-time.
The bar menu, showcased during college and NFL games, includes appetizers such as caviar deviled eggs and sweet potato biscuits along with mains such as chicken and waffles, French toast and a barbecue pork shoulder sandwich. Macaroni and potato croquettes also are featured on the menu.
South Carolina’s first-ever cannabis dry bar has landed on James Island. High Rise Dry Bar from Charleston Hemp Collective opened Aug. 11 and is changing the world of hemp-derived products and the non-alcoholic beverage space by offering mocktails made with legal cannabis seltzers.“I think it’s really cool pioneering stuff like this,” said Matt Skinner, owner of Charleston Hemp Collective. “You always kind of worry about whether it’s going to go over and how many people are going to relate to it, bu...
South Carolina’s first-ever cannabis dry bar has landed on James Island. High Rise Dry Bar from Charleston Hemp Collective opened Aug. 11 and is changing the world of hemp-derived products and the non-alcoholic beverage space by offering mocktails made with legal cannabis seltzers.
“I think it’s really cool pioneering stuff like this,” said Matt Skinner, owner of Charleston Hemp Collective. “You always kind of worry about whether it’s going to go over and how many people are going to relate to it, but I feel like the reception we’ve gotten just so far is insane, so I’m super-excited about it.”
In recent years, the popularity of legal hemp-derived products has exploded in the Charleston area as these products are said to offer purported medicinal benefits and increase relaxation. Hemp Collective offers a range of products from vapes and gummies to tinctures and even Bloody Mary mix. But since launching its cannabis seltzer High Rise in May 2022, Skinner has noticed a fast-shifting acceptance.
“Charleston has really embraced this whole [cannabis] movement,” he said. “So much has changed, and so much of it is becoming more and more accepted.”
Currently, High Rise’s seltzers are in about 200 bars and restaurants, including Halls Chophouse and Husk, and 350 shops and grocery stores in the Charleston area. But the product also is distributed throughout the Southeast in Tennessee, Florida, North Carolina and Georgia.
“Some of the most elevated restaurants in Charleston are really trying to create mocktails now and jumping on board with High Rise to help craft that, and I think that’s special,” Skinner said.
He said he believes now is an exciting time — not only for the cannabis space but also the non-alcoholic market. He points to a renewed interest in non-alcoholic options particularly amongst Gen Z, who are noticeably drinking less alcohol than previous generations.
A 2022 consumer trends report from Drizly found 38% of Gen Z respondents said they opted for more alcohol-free drinks than the previous year compared to 25% of Millennials, 15% Gen X and 8% Baby Boomers.
“There’s this interest not only in the ‘canna-curious’ space right now, but also people are looking for NA (non-alcoholic) options. The NA world and the beverage space right now is insane,” Skinner said.
The company’s original plan was to create a second shop with a small bar, but now the bar is really the star, he said. Skinner and his business partner, Chris Long, wanted a space for a high-end mocktail bar, so they used a portion of the space for the shop and a larger portion for a bar, lounge area and multiple tables for guests to sit and mingle.
During the store’s recent soft opening, DJ Jerry Feels Good set the vibe with upbeat tunes. Skinner said the bar plans to bring DJ Jerry Feels Good back as a regular in-house DJ in addition to rotating other DJs on various nights.
Currently, the bar’s open from 10 a.m. to 10 p.m. Sundays through Wednesdays and 10 a.m. to 11 p.m. Thursdays through Saturdays. But Skinner said they may expand the weekend hours in the future.
The first iteration of the drink menu includes seven unique mocktails with names like Connection, Tranquility, Invigorate and Zen.
Drinks include fruity ingredients like salted watermelon and pomegranate and well as savory elements like ginger, turmeric and matcha. The menu offers suggestions under each drink to add CBD, Delta-8 or Delta-9 seltzer to elevate the experience.
For those who are canna-curious but not familiar with these different derivatives of the hemp plant, CBD is a non-psychoactive compound found in hemp that can induce feelings of relaxation. Delta-8 and Delta-9 are both psychoactive compounds in the plant that can induce feelings of “being high.”
Roughly one-third of a can of High Rise seltzer is used in each drink — equal to two milligrams of CBD, Delta-8 or Delta 9.
“The point is not just one and done,” Skinner said of the mocktails. “We want you to be able to try two or three drinks. And by the time you get to your third drink, you’re gonna be feeling really good. It creates more of a social experience.”
Jules Schneider, beverage director for Herd Provisions, helped develop the current menu.“[This was] easily the most challenging menu I’ve done so far,” Schneider said. “Coaxing out flavor without the use of alcohol is another beast on its own. Alcohol is such a great solvent that making well-flavored ingredients is a cinch. I ended up making my own bitters with vegetable glycerin in a pressure cooker and really relied on great produce and proper technique to make fantastically flavored syrups.”
Skinner added, “I’ve got to give a lot of props to Jules. Not only did he take time to look at so many different [flavor] profiles, [but] he was also very careful when he named them. They all really represent the ingredients of those drinks and what they stand for.”
The menu will change quarterly to introduce new drinks and operate as a space for experimentation. Skinner wants to use the bar to test out new mocktails in addition to featuring rotating specialty High Rise drinks other restaurants and bars have developed for their location including Herd Provisions, The Longboard and others.
“Charleston is a community that supports brands that they feel like are really making a movement, and Charleston has really gotten behind High Rise,” Skinner said. “I don’t think there’s another city in the Southeast that has so much respect for this cannabis drink space.”
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The James Island Public Service District owned the land and drafted an ordinance to sell the land to a developer in February.JAMES ISLAND, S.C. (WCSC) - Residents of the Whitehouse Plantation neighborhood on James Island say they want to be involved and informed about all plans for the tract of land that backs up to their homes.The 6.25-acre tract of land off Dills Bluff Road has been an undisturbed green space for years.The James Island Public Service District owned the land and drafted an ordinance to sell the land to ...
The James Island Public Service District owned the land and drafted an ordinance to sell the land to a developer in February.
JAMES ISLAND, S.C. (WCSC) - Residents of the Whitehouse Plantation neighborhood on James Island say they want to be involved and informed about all plans for the tract of land that backs up to their homes.
The 6.25-acre tract of land off Dills Bluff Road has been an undisturbed green space for years.
The James Island Public Service District owned the land and drafted an ordinance to sell the land to a developer in February.
Ken Godwin has lived in the neighborhood for nearly 50 years and enjoyed the trees and buffer area for that time.
“I’ve known about this particular property for quite a long period of time when it belonged to the public service district. They wanted to move their facilities over here, garbage trucks, officers and all this kind of stuff. I was opposed to it, numerous residents in the neighborhood were opposed to it. We feel that any new development back here should be single family residential only,” Godwin explains.
In March, homes within 500 feet of the land got a letter from the developer.
The letter, signed by KT Properties owner Kyle A. Taylor, invites the homeowners to two public meetings about developing the land. The letter proposes a mixed-use planned development with approximately 20 single-family homes and 20,000 to 25,000 square feet of commercial space.
John Montague-Blythe says he lives close to the edge of the neighborhood where the tract begins but he did not know about the meetings.
“I feel like wool has been pulled over my eyes, quite frankly. I came in and a person at town hall, while I was getting permits to have a pool building up in the back of our home, told me that they were developing that land she said have you heard about it?,” Montague-Blythe says. “Well, I’m four houses down in the street that’s outside of 500 feet.”
After missing the meetings and feeling out of the loop, neighbors are banding together to share their insight about the land.
Godwin wrote a petition that asks that any development be kept to just single-family homes to preserve the fabric of the neighborhood.
James Luby says he and Godwin will be knocking on doors to let all their neighbors know and see where they stand.
“We were blindsided. We weren’t told. And then all of a sudden. This spread like wildfire. I have a list of people with everything so we’re just gonna go for prepare for the next meeting. Get our petition going. Just get the word out. Because nobody likes it,” Luby says.
Sidonie Aten says she learned about the development while out on a walk and is now invested in making sure she follows the approval process.
“My husband and I were walking the neighborhood like we have done for years, and it’s the first time I heard about it. I still don’t completely understand where all of this is going,” Aten says.
Aten says she hopes other neighbors will sign their petition an join the group to find out what’s best for the neighborhood.
“I’m here mainly to find out exactly what’s going on and to follow up at every meeting that I possibly can to put the brakes on this. There’s too many families that have lived in this neighborhood, quiet peacefully, and we don’t need this and James Island does not need another car or any more traffic,” she says.
James Island Public Service District held a first reading of the proposed sale of the property in February of 2023. The second reading passed in March of 2023.
A week after a request for comment from KT properties about the residents’ complaints owner Kyle Taylor issued a statement. It reports that 18 and ten community members attended each of the two public meetings respectively. The letter says properties within 500 feet were notified “in excess of the 300 feet range typically required for public notices.”
Taylor calls the two meetings productive and notes that community participation exceeded expectations.
“As a result of the workshops, the development will not propose a cross-connection road with Whitehouse Plantation, the development will contain multiple stormwater management ponds for runoff retention and reduction,” the statement reads.
The developer also announces a third community workshop scheduled for Friday June 2nd at Town Hall (1122 Dill Bluff Road). At the workshop, information from prior meetings will be presented and the developer will answer questions.
Copyright 2023 WCSC. All rights reserved.
JAMES ISLAND — Charleston Water System is investigating a sewer main break on Harborview Road that poured unknown amounts of wastewater into James Island Creek.This is the second time in three years that a break occurred in this area.Environmentalists say the repeated frequency, combined with current bacteria concerns, suggest better system maintenance is needed, along with riddance of septic tanks adjacent to the creek.A contract diver discovered on the afternoon of March 9 that two pipes had separated, causing th...
JAMES ISLAND — Charleston Water System is investigating a sewer main break on Harborview Road that poured unknown amounts of wastewater into James Island Creek.
This is the second time in three years that a break occurred in this area.
Environmentalists say the repeated frequency, combined with current bacteria concerns, suggest better system maintenance is needed, along with riddance of septic tanks adjacent to the creek.
A contract diver discovered on the afternoon of March 9 that two pipes had separated, causing the leak.
A fisherman notified the water utility March 8 of the underwater break in the water below the Julian Thomas Buxton Jr. Bridge. It took time for inspection crews to get to the site because of the tides, but the pumps were turned off shortly after, said Mike Saia, a spokesman for the utility.
Shutting off the pumps eliminated the release of additional wastewater into the water system.
This sewer main manages wastewater from a broad area of the James Island Public Service District and parts of unincorporated Charleston County. The same one broke about three years ago in the marsh but closer to Plum Island. It took a number of days to repair.
The breaks are a big concern, said Andrew Wunderley, executive director at Charleston Waterkeeper.
“It’s an established problem with bacteria pollution at James Island Creek from human sources and other sources, as well,” he said. “Any additional bacteria discharge in a creek is a concern of course.”
Charleston Waterkeeper consistently tests the quality of a number of waterbodies in the Lowcountry, including James Island Creek. The waterkeepers sample for bacteria as an indicator of the possible presence of pathogens.
Persistently high bacteria levels have been identified in the James Island Creek, mainly in the Folly Road area. Wunderley said any input of bacteria is a problem.
It is a challenge for iron pipes to survive long-term in soft environments like the marshy parts of Charleston. Saia said Charleston Water System is considering grant funding to help replace the James Island pipes that have seen two breaks in three years.
This notion is good progress, Wunderley said, “but I think we need to accelerate that project.”
“Whatever needs to be done to bump that up in the priority list, they need to be thinking about it,” he added.
A vactor truck was on site March 9 to pump down the wet wells and pump stations at both sides of the break. Because of this, no additional wastewater will spill into the creek, Saia said. The utility is working on a plan to repair the pipes.
People are urged to avoid swimming, fishing or using the area for other recreational activities until further notice.
Interruptions to customers’ service is not expected while assessments and repairs are made. No road closures have been announced.
In the meantime, people can do like the fisherman on March 8, and report possible main breaks. It’s helpful in identifying them and stopping the wasterwater spills.
JAMES ISLAND, S.C. (WCBD)- It has been 35 days since Jennifer Drummond was found severely injured along a James Island road.Friends and family are still searching for answers in what is believed to be a hit-and-run.The family, joined by their attorney, held a press conference Wednesday morning with new details they hope will bring them closer to finding the person responsible.The Drumond family, fatigued, after over a month of not knowing exactly what happened to Jenn.“We don’t sleep at night, wonderin...
JAMES ISLAND, S.C. (WCBD)- It has been 35 days since Jennifer Drummond was found severely injured along a James Island road.
Friends and family are still searching for answers in what is believed to be a hit-and-run.
The family, joined by their attorney, held a press conference Wednesday morning with new details they hope will bring them closer to finding the person responsible.
The Drumond family, fatigued, after over a month of not knowing exactly what happened to Jenn.
“We don’t sleep at night, wondering if someone texted with a lead,” Jenn’s uncle, Chris Drummond said.
However, they’re not letting up.
Drummond said, “You just can’t hit somebody in the roadway and drive off, and someone not know something.”
Searching everywhere they know of for answers to what is believed to be a hit-and-run.
In a press conference Wednesday morning, their attorney Scott Bischoff, gave new information on her movements that morning.
“Based on information on Jenn’s phone, her step count that was also connected to her apple watch, we believe that she left her house around 5:17 and her step count stops at 5:18, just before 5:19,” Bischoff said.
According to surveillance video there were three cars that drove down Woodland Shores Road around the time of the incident, but new video shows the car believed to be the one that hit Jenn.
“We believe the primary suspect vehicle is vehicle number 3, that appears to be a relatively modern SUV with a sunroof and 5 lights,” Bischoff said.
As far as Jenn’s condition, family members say she is making progress.
They say she got up and walked yesterday, but she’s still very slow to answer questions and there’s still a long way to go.
At this point they’re just doing whatever they can to bring justice to Jenn.
“On top of a really awful injury that she suffered, our mind is also thinking who did this, when will answers surface, will answers surface. It’s something that weighs on our mind constantly,” Jenn’s best friend, Audrey Marhoefer said.
There is a $10,000 reward for information about the incident of you have any information about this incident, call the Charleston County Sheriff’s Office.