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 Walterboro, 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 Walterboro, 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 Walterboro, 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.
WALTERBORO, S.C. (WCBD)- Walterboro, it’s known to people around town as the ‘Front Porch to the Lowcountry’.However, this front porch, needs some work done.Kathy Mayer moved to Walterboro in 2020.That’s when she discovered the Walterboro Wildlife Sanctuary, the only spot of its kind in town.“I love to walk so I would come down to and walk the boardwalk park as well as the asphalt park,” Mayer said. “You can come here, birdwatch, there’s lovely insects throughout the...
WALTERBORO, S.C. (WCBD)- Walterboro, it’s known to people around town as the ‘Front Porch to the Lowcountry’.
However, this front porch, needs some work done.
Kathy Mayer moved to Walterboro in 2020.
That’s when she discovered the Walterboro Wildlife Sanctuary, the only spot of its kind in town.
“I love to walk so I would come down to and walk the boardwalk park as well as the asphalt park,” Mayer said. “You can come here, birdwatch, there’s lovely insects throughout the year. People come and fish and it’s just a lovely place year-round.”
However, soon after she moved, a tornado hit.
“There were parts of the boardwalk that branched off that were shut down due to damage,” Mayer said.
“It exposed many of the failures in the building and the construction that took place prior. 15 to 20 years ago,” Walterboro’s Assistant City Manager, Ryan McCleod said.
It forced the city to close damaged sections of the sanctuary down.
That happened in 2020, its 2023, and some parts are still closed.
“What you’re seeing right now is the access point or should be the access point. It has never been opened since I have been walking these trails in 2020,” Mayer said.
Mayer says this should’ve been fixed soon after the damage was done, but it’s been a waiting game.
The city is empathetic to the frustrations.
“I understand that entirely because I’ve had my hands on it as parks director for 4 years,” McCleod said.
Empathy isn’t enough for residents like Mayer.
They want answers, and Wednesday, that’s what the city of Walterboro is giving.
“We had an engineer actually come in and actually do a full-blown report. They looked at every linear foot of boardwalk they have and to do that kind of study it takes time,” McCleod said.
Funding has also held them up, but there’s good news.
“We applied to various grants, we were fortunate enough to be rewarded the undiscovered South Carolina grant for $250,000 dollars,” McCleod said.
The city says the rebuilding project is up for bid.
Mayer says she’ll wait until she can take walks on the trail again, but she says her patience is running thin.
The City of Walterboro says once this project is started, they’re expecting it to take about 250 days.
WALTERBORO, S.C. (WCSC) - The City of Walterboro has been accepted into a state program to revitalize their historic downtown area in hopes of bringing economic success to the community.Walterboro joins over 30 other communities like Beaufort, Kingstree, and Orangeburg in the Main Street South Carolina network, which aims to address issues that challenge historic commercial districts.“People who have grown up in this town have seen it gone from a very vibrant, bustling downtown that had pharmacies, restaurants, banks,&rdq...
WALTERBORO, S.C. (WCSC) - The City of Walterboro has been accepted into a state program to revitalize their historic downtown area in hopes of bringing economic success to the community.
Walterboro joins over 30 other communities like Beaufort, Kingstree, and Orangeburg in the Main Street South Carolina network, which aims to address issues that challenge historic commercial districts.
“People who have grown up in this town have seen it gone from a very vibrant, bustling downtown that had pharmacies, restaurants, banks,” Scott Grooms, director of tourism and downtown development for the City of Walterboro said. “I’d love to see downtown just totally populated again with that to where people come downtown to shop and do day to day business.”
Business owners downtown say they love the area’s southern charm and small town feel but agree that some updates would bring in more business.
“I think we have incredible potential I just think we need some help in realizing what all we have,” Jessica Burdick, owner of Twig Boutique, said.
In the coming weeks, Main Street SC will come to Walterboro and bring in a research crew to find out what the city is doing right, and what they could do better, holding meetings with stakeholders, residents, and public officials to find out their vision for downtown. Then, they will assist Walterboro in coming up with strategies to achieve that vision.
“I think it’s gonna bring new business, a lot of potential for a lot of our local people for things different to do, and hopefully some beautification and some buildings that are currently empty, to fill those as well,” Heather Larson, co-owner of Colleton Day Spa, said.
Before the team arrives, the city has posted a survey asking people who live, work, and spend time in Walterboro to share what they think the most pressing issues facing downtown are, what types of businesses they would like to see, and more.
You can find that survey here. You’re encouraged to submit honest feedback about what you would like to see downtown until Jan. 25.
Copyright 2023 WCSC. All rights reserved.
Ring camera footage from a Walterboro home appears to show a dog being run over by a U.S. Postal Service driver who did not stop or slow down.WALTERBORO, S.C. (WCSC) - Ring camera footage from a Walterboro home appears to show a dog being run over by a U.S. Postal Service driver who did not stop or slow down, a Colleton County woman says.The dog, Yogi, survived but awaits surgery that could result in his leg being amputated. If not, a BluePearl Pet Hospital in Summerville says because of his poor quality of life, he might have ...
Ring camera footage from a Walterboro home appears to show a dog being run over by a U.S. Postal Service driver who did not stop or slow down.
WALTERBORO, S.C. (WCSC) - Ring camera footage from a Walterboro home appears to show a dog being run over by a U.S. Postal Service driver who did not stop or slow down, a Colleton County woman says.
The dog, Yogi, survived but awaits surgery that could result in his leg being amputated. If not, a BluePearl Pet Hospital in Summerville says because of his poor quality of life, he might have to be euthanized.
“She’s been delivering our mail for over a year,” Paula Gouge, Yogi’s owner, said. “She knows my dogs. She’s pet my dogs before... And I don’t know if she might have given him treats in the past and he was running for a treat.”
BluePearl Pet Hospital says Yogi suffers from a dislocated hip, broken femur and lower spine and internal injuries. The family has been in contact with Officer Suzi Reeves with Colleton County Animal Services, who is handling the case.
“Officer Reeves told me that we did nothing wrong,” Gouge said. “We did not break any laws. We do not have to keep him on a leash.”
Matthew Breen, managing partner of Lowcountry Law, LLC, says the family can decide to sue this driver for negligence and depending on what the solicitor decides, the driver could face charges as high as a hit and run.
“Yes, they might have needed to restrain their animal,” Breen said. “But at the same time... that doesn’t give us an excuse, ‘Well, that dog doesn’t have its leash on and it’s outside the road. I can just run it over and kill it.’”
He says it’s important for pet owners to be diligent.
“You want to make sure that you protected your pet to the greatest extent that you could, and if they’re injured, that you can recover civilly against the wrongdoer who injured your pet,” Breen said.
Reeves says the driver will face at least two citations under the proper care of animals under the Colleton County Code of Ordinances. She says the driver has been identified and she claims she didn’t know she hit the dog.
“He’s only eight and a half years old,” Gouge said. “He’s not done. I just pray that he can get better and be a miracle dog and run around on three legs.”
The Walterboro Postal Service declined to make a comment because the case is under investigation. The postal service Southern Area Corporate Communications says they’re still reviewing the video and gathering additional details about the incident.
Copyright 2023 WCSC. All rights reserved.
WALTERBORO, S.C. (WCBD) – Community members are concerned about a new ministry that is set to open in the Walterboro area.
Shield Ministries, an organization that claims to help convicted sex offenders rehabilitate and re-enter society, will open its doors off Barracada Road near Highway 17-A.
About 50 men could be housed at the property at any given time as the first phase of their three-phase program to help the men improve their lives.
“Shield Ministries is an organization that works to help men transition from the devastation of their past into a thriving future,” explained David Truluck, executive director for Shield Ministries.
But those who live nearby say they are concerned about having sex offenders so close to their homes, children, and grandchildren.
“I’ve lived here for 35 years. I love Walterboro. I love the community,” said neighbor Lisa Langdale.
Langdale is worried about what is going in at this old church site in her rural neighborhood. “I’m just really concerned about living in the neighborhood, for our children, and living in the neighborhood even for myself,” she said.
She’s even part of a new Facebook group that has gained more than 600 followers.
“What do you say to people who maybe they live nearby, they have children or grandchildren at their house, and they’re concerned? What would you say to them,” we asked Truluck.
“Well, we have been a big asset to the community. When you look at our history, we have great relationships with law enforcement agencies,” Truluck replied.
There is also concern about Truluck, personally, because he is a registered sex offender.
“I believe the offense was committ or attempt a lewd act on a child. Do you understand why people might be concerned about an organization that you’re leading being right there in their neighborhood as well,” News 2 asked.
“I do understand why they would be concerned about that, but one of the things I would like to communicate to them is, I’ve been through the process of healing I’ve been through court-ordered counseling, which we will be providing,” he replied.
When asked if he could guarantee that none of the men in the program would bring harm to anyone in the community, Truluck said “I don’t think we could give that type of guarantee,” but cited the program’s “zero percent recidivism” rate.
A community meeting geared toward showcasing the proposal will take place Wednesday night at 6:30 p.m. across from Tractor Supply on Bells Highway in Walterboro.
Leaders with Shield Ministries say they are in the process of getting the property ready to open, however, they do not have a specific opening date at this time.
SOUTH CAROLINA (WCIV) — It’s amazing. It was already 15 years ago, I did a story on an aspiring singer/songwriter leaving for Nashville after his time as a Clemson Tigers long snapper. It worked out pretty well for that guy- Lee Brice.This week, we do the same story. A former Clemson long snapper, leaving to follow his music dreams in Nashville. Walterboro’s Jim Brown.If passion could be purveyed, Jim Brown has always found a way to do it.Walterboro's Jim Brown follows in Lee Brice's footsteps, gunning ...
SOUTH CAROLINA (WCIV) — It’s amazing. It was already 15 years ago, I did a story on an aspiring singer/songwriter leaving for Nashville after his time as a Clemson Tigers long snapper. It worked out pretty well for that guy- Lee Brice.
This week, we do the same story. A former Clemson long snapper, leaving to follow his music dreams in Nashville. Walterboro’s Jim Brown.
If passion could be purveyed, Jim Brown has always found a way to do it.
Walterboro's Jim Brown follows in Lee Brice's footsteps, gunning for a music career. (WCIV)
“I sing vocally very gritty and aggressive," said the Pinewood Prep grad.
If purpose and passion meet, Jim Brown will find a way to connect them. In his fifth year at Clemson, he was awarded a scholarship by Dabo Swinney.
The Walterboro native has a deeply rooted passion, and now, is his time to shine.
“I taught myself how to play guitar in HS after an ACL injury, bedridden for two weeks so I picked up a guitar and learned to play. When football was over, just latched on to it— all music. Singing vocals, piano, music theory, songwriting- started diving as deep as I could and it sort of got me to here," he said.
Construction consultant is the title that pays the bills for now. But Jim Brown is ready for that chord progression to take the next step. Similar to going from walk-on to scholarship player.
“I’m not trying to be the next Chris Stapleton, but I want to make music that hopefully relates to people on some level," Brown said.
Music, can always take you home. His first single is doing just that.
“The Devil and the Gavel” is his ode to the Murdaugh murders saga in his hometown of Walterboro.
“In Charleston I played a lot of gigs, covers around town and on weekends, Thursday, Friday, Saturday at Edisto Beach and Walterboro. Now, more songwriting. At the end of the day, what I want to do is release music that I have, keep playing. I know its something I’m fortunate to have, and kind of let people know this is my thing," Brown said.
He doesn’t know Lee Brice. He’s never met him. But he hopes his passion will help him follow the same path.