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 Ladson, 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 Ladson, 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 Ladson, 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.
LADSON, S.C. (WCBD) – Several people are sifting through what is left of their belongings after a major fire broke out at a Ladson storage facility on Tuesday morning.The emergency call came in at 7:46 a.m. saying Ladson Self Storage was on fire. The fire destroyed a dozen units at the facility off Highway 78.Wesley Cliff, who owns Living Rock Landscapes, keeps tools, equipment, and some...
LADSON, S.C. (WCBD) – Several people are sifting through what is left of their belongings after a major fire broke out at a Ladson storage facility on Tuesday morning.
The emergency call came in at 7:46 a.m. saying Ladson Self Storage was on fire. The fire destroyed a dozen units at the facility off Highway 78.
Wesley Cliff, who owns Living Rock Landscapes, keeps tools, equipment, and some vehicles for his company at the storage facility.
“I was on my way to work this morning and I pull up to the front of the gate and there’s a guy out there – he’s bleeding from his head, and he just asked for help, and call 9-1-1,” said Cliff.
Cliff said he was just trying to figure out what was going on.
“I look in through the gate and I see up there, I mean there’s smoke everywhere. So, I drive to the back and there’s multiple units on fire,” he recalled.
The fire was ripping through the storage units.
“There was another guy running from the back- he’s coming up to the front saying call 911, and about that time these guys were already here, and they pulled in there and they started getting everything unloaded and started fighting the fire and cutting the doors open. It was a pretty big fire. Got pretty big for a minute,” said Cliff.
12 units were destroyed by fire or heavy smoke damage.
“Units went to work immediately pulling hand lines, starting to extinguish the fire,” explained Battalion Chief Charles Evans with C&B Fire Department.
Numerous fire departments responded. The cause of the fire is undetermined at this point.
And as for the man with blood on his head, officials told News 2 he had minor injuries that did not require EMS transportation.
“Sounds like he was in the unit, perhaps fell down a ladder or some stairs, and one of the units when he was trying to get away to report the fire,” said Batt. Chief Evans.
“Luckily for us, it wasn’t one of our units. But unfortunately, there were some other contractors back there. It was their units; it’s a total loss for those guys. It’s sad that that stuff happens, but they got here fast, they got it put out pretty quickly,” said Cliff.
Crews were on the scene for several hours as they worked to extinguish the flames.
LADSON, S.C. (WCBD)- The annual Coastal Carolina Fair is underway at Exchange Park in Ladson.Most fairgoers have their eyes and stomachs on fair food for the first day.“They always have good food and it’s just a good time to spend with family. They have a little arts and crafts center where you can see the students’ local talents,” said Jasmine Kelly.“Sausage dogs and French fries. Walk around and look and see what’s going on,” said Woody Barsha.One of the new food items o...
LADSON, S.C. (WCBD)- The annual Coastal Carolina Fair is underway at Exchange Park in Ladson.
Most fairgoers have their eyes and stomachs on fair food for the first day.
“They always have good food and it’s just a good time to spend with family. They have a little arts and crafts center where you can see the students’ local talents,” said Jasmine Kelly.
“Sausage dogs and French fries. Walk around and look and see what’s going on,” said Woody Barsha.
One of the new food items on the menu is an Oreo cookie crusted turkey leg.
“No I don’t think so I’ll stick to French fries,” said Barsha.
“I can’t eat that much, but I will have an elephant ear,” said Kelly.
There are 10 new rides this year as well. One of them is a Ferris Wheel that’s 12 stories tall and comes from The Netherlands.
Fair organizers say that those new attraction and food items are great additions, but having a full-scale fair is also something to celebrate.
“We’re really excited about opening up because this is the first really big open fair we’ve had since COVID-19 has happened. We say ‘New in 22,’ and that’s what we’re doing because we have brand new rides, we have many new food vendors so we’re really excited about starting the year off right,” said Gary Leonard from the office of Media and Publicity Relations at the Coastal Carolina Fair.
Most families make the fair a tradition, but it’s even more special for Dan Caskey.
“Today’s my birthday. Every year I have a party and bring this to town to share with everybody else. It’s a great tradition. We love coming out here and having a fun time with the family,” said Caskey.
NORTH CHARLESTON, S.C. (WCSC) - Charleston-based manufacturing company Bintelli is expanding its operation with a new 174,000-square-foot facility in North Charleston.The facility, off Palmetto Commerce Parkway, opened last week and will focus on building golf carts and low-speed electric vehicles.This marks the third expansion for Bintelli in the last three years.“This new facility is a testament to the amazing work our dealer family has done over the last few years,” Bintelli Founder and President Justin Ja...
NORTH CHARLESTON, S.C. (WCSC) - Charleston-based manufacturing company Bintelli is expanding its operation with a new 174,000-square-foot facility in North Charleston.
The facility, off Palmetto Commerce Parkway, opened last week and will focus on building golf carts and low-speed electric vehicles.
This marks the third expansion for Bintelli in the last three years.
“This new facility is a testament to the amazing work our dealer family has done over the last few years,” Bintelli Founder and President Justin Jackrel says. “As we are now operational in what I believe is the largest LSV (low-speed vehicles) manufacturing facility in America, we’re going to be able to even better support our dealer family with the additional vehicles, parts and support they need to continue their rapid growth nationwide.”
Another focus for the move was to have more space for employees so the building is a more comfortable workspace without limiting tight boundaries, says Kevin Marques, Bintelli Production Facility Manager.
“It keeps growing and the biggest thing is keeping the culture the same; we pride our employees and making sure everyone is happy,” Marques says. “We actually know each employee by name and I want to keep that feel here because I think that’s very important for us; that’s the biggest thing, as we grow, I just want to maintain the culture within the company.”
Bintelli assembled 7,000 vehicles last year and is on track to produce 12,000 this year, making the move to a larger facility necessary.
Bintelli says with this new facility, they will be able to keep up with the demand for low-speed electric vehicles and golf carts.
“This expansion is another step in solidifying ourselves at the forefront of the industry,” Bintelli Vice President Jason Perske said. “While faster order fulfillment and greater inventory availability is going to be an incredible asset for our dealer family, I’m far more excited about what this means for the additional levels of support we can offer. I’m excited for all of our dealerships to share in this huge announcement and incredibly thankful for all the support they show us every day.”
In addition to the recent facility expansions, Bintelli says they are also focused on expanding its support and production staff.
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A 336-unit multifamily housing complex in Ladson called Broadstone Ingleside sold for $77.5 million, according to Cushman & Wakefield, a commercial real estate services firm that arranged the deal.Cushman & Wakefield’s John Phoenix, Louis Smart and Austin Green represented the seller in the transaction. The multifamily community was acquired by a joint venture between affiliates of Abacus Capital and Westbrook Partners, according to a Cushman & Wakefield news release."Broadstone Ingleside is a best-in-cla...
A 336-unit multifamily housing complex in Ladson called Broadstone Ingleside sold for $77.5 million, according to Cushman & Wakefield, a commercial real estate services firm that arranged the deal.
Cushman & Wakefield’s John Phoenix, Louis Smart and Austin Green represented the seller in the transaction. The multifamily community was acquired by a joint venture between affiliates of Abacus Capital and Westbrook Partners, according to a Cushman & Wakefield news release.
"Broadstone Ingleside is a best-in-class garden asset built by one of the most prolific developers in the nation,” Smart, director at Cushman & Wakefield, said in the news release. “This deal is in the absolute bullseye for job growth and in-migration in Charleston — one of the fastest growing and most sought-after markets we cover.”
Broadstone Ingleside is a desirable property because it is positioned in a rapidly expanding North Charleston submarket just off Interstate 26, located near several big-name corporations, the news release said.
Cushman & Wakefield’s Sunbelt Multifamily Advisory Group is a 109-person investment sales team covering 11 states. The group closed $11.1 billion in sales volume through 360 deals and more than 60,300 units.
Hot Properties highlights recently sold or leased commercial properties in the Charleston region. Send in your transactions using our online form. Other recent commercial real estate transactions include:
Brent Case and Jing “Julia” Donovan of Coldwell Banker Commercial Atlantic represented the landlord, Windsor Hill Flex LLC, in the lease of retail/flex/office space at Suite 4 at 8210 Windsor Hill Blvd. in North Charleston. Hannah Kamba of Coldwell Banker Commercial Atlantic represented the tenant, La Hacienda of West Ashley LLC.
Kristen Krause of Coldwell Banker Commercial Atlantic represented the seller in the sale of 2,500 square feet on 1.29 acres of commercial redevelopment property at 1905 Old Trolley Road in Summerville for $1.5 million. Michael Silverman of TSCG represented the buyer.
Jing “Julia” Donovan of Coldwell Banker Commercial Atlantic represented the tenant, Poke Cafe Tanger Outlet LLC, in the lease of retail space at Tanger Outlet in North Charleston from Masison Plaza LLC. Chase Development Company represented the landlord.
Markus Kastenholz and Remington Beatty of Colliers South Carolina represented the buyer, Triple B Capital LLC, in the sale of retail space at 2400 Gap Road in North Charleston for $2,000,000.
Robert Pratt of Re/Max Pro Realty represented the buyer, RLP LLC and Tricom Associates LLC, in the sale of 10,880 square feet of retail space at 10599 Dorchester Road in Summerville from PRED Pharmacy-Summerville LLC for $1,850,000. Joel Cukier of Ascension Advisory represented the seller.
Patrick Nealon of Colliers South Carolina represented the seller, Arbys Properties LLC, in the sale of 2,600 square feet of retail space at 6124 Rivers Ave. in North Charleston to Abrahim Dabit.
LADSON, S.C. (WCIV) — It's that time of year again! The annual Coastal Carolina Fair kicks off this week in Ladson with some brand new rides and foods.The fair opens this Thursday and Friday from 3 to 9 p.m.This year's fair will run from Thursday, Oct. 27 to Sunday, Nov. 6.RIDESThere will be around 65 rides in total this year, including some new ones.Thrill seekers will be excited to see the largest rol...
LADSON, S.C. (WCIV) — It's that time of year again! The annual Coastal Carolina Fair kicks off this week in Ladson with some brand new rides and foods.
The fair opens this Thursday and Friday from 3 to 9 p.m.
This year's fair will run from Thursday, Oct. 27 to Sunday, Nov. 6.
There will be around 65 rides in total this year, including some new ones.
Thrill seekers will be excited to see the largest rollercoaster AND Ferris wheel they've had yet. The Ferris wheel is over 100-ft tall.
“We’ve got a brand-new carnival. It’s a big deal for us. We had a very long relationship with the last one, and this one had some opportunities to bring some new coasters, rollercoasters in. Some great rides, and we just couldn’t pass it up,” said Coastal Carolina Fair’s media relations spokesperson, Jay Wallace.
The Coastal Carolina Fair returns Thursday, Oct. 27, 2022. ABC News 4 reporter Sean Mahoney spoke to organizers about fair rides. (WCIV)
A wide variety of tasty treats are on the menus: barbeque sandwiches, cinnamon rolls, bread pudding, funnel cakes, deep fried brownies- and the list goes on and gets more creative.
Some other options will include funnel cakes, elephant ears, and award-winning jalapeno corndogs.
Be sure to look out for the Oreo-encrusted turkey leg!
In addition to rides and food, fairgoers will find lots of other entertainment.
The Coastal Carolina Fair returns Thursday, Oct. 27, 2022. ABC News 4 reporter Sean Mahoney spoke to organizers about the petting zoo. (WCIV)
Coastal Carolina Fair officials suspended online ticket sales until further notice after fraudulent activity was detected Wednesday.
Tickets can be purchased at Circle K stores or at the fair gates for the time being.
Credit and cash are accepted at the gate ticket booths, but only credit is accepted at the kiosks located at each entry gate.
Fair officials said do not buy tickets from people that approach you or posted online.
Check the fair's calendar for special discount days for seniors and more.
TICKET PRICES THROUGH OCTOBER 26TH:
TICKET PRICES BEGINNING OCTOBER 27TH:
The Coastal Carolina Fair returns Thursday, Oct. 27, 2022. ABC News 4 reporter Sean Mahoney spoke to organizers about fair safety, attendance expectations, and charities helped. (WCIV)
The use of metal detectors and a clear plastic bag policy will continue for this season, and that there will be plenty of security. Some of it will be around the clock during the fair’s two-week run.
“The No. 1 rule we have around here that tells us if we’ve had a good fair is if we’ve had a safe fair," said Coastal Carolina Fair’s media relations spokesperson Jay Wallace.
All rides are inspected by multiple agencies, Grimm said.