Charleston-Columbia *DO NOT USE*
South Carolina Manufacturing Secures New Investments; Charleston Trophy Office Building Sold
Austrian-headquartered Constantia Hueck Foils LLC, a company present in South Carolina since 1997, is set for an expansion set to increase both its production facility as well as its workforce.
South Carolina Hotel Business Remains Strong; Student Housing Market Slows Down
Great Britain-based InterContinental Hotels Group PLC (IHG), has recently announced the opening of Holiday Inn Express Charleston Downtown – Ashley River, following a multimillion dollar conversion.
332-unit Columbia Community Picked Up by SVB; Eco-Friendly E-Waste Processor Announces $40M Investment
Kansas City-based SBV Communities has announced the purchase of the 332-unit Quail Run Apartments in Columbia. The purchase, which closed February 22nd, is SVB’s first step into the Columbia market.
University of South Carolina Keeps Local Student Housing Market Hot
Student housing, a nationwide trend, has been for some time now, one of the most dynamic markets in South Carolina, especially in Columbia. One of the main drivers of the local housing boom has been and continues to be the University of South Carolina (USC), which has steadily increased it student body.
Google Invests $600M in Data Center, Michelin Announces $200M Expansion
The Palmetto State recently secured two major investments with significant impact not only on local economy and job creation, but also on South Carolina’s global image. First off was Google, Inc., launching a $600 million investment in Berkeley County, South Carolina.
Joint Venture Developing $70M Shopping Center; 100-key Boutique Hotel Breaks Ground
With construction well under way at The corners at Wescott, New York-headquartered Cohen Real Estate (CRE) has announced arranging the creation of a joint venture between national owner and manager of shopping centers North American Development Group (NADG) and Atlanta-based Hendon Properties, a development, management, and leasing company specializing in retail shopping centers to develop the first phase of the grocery-anchored shopping center in North Charleston, SC.
40-acre Redevelopment Project in North Charleston to Include Senior Housing
40 acres of land in North Charleston are set for a massive redevelopment, as the City of North Charleston and Chicora Gardens LLC are to enter a $9.2 million purchase agreement for the land, announced the City of North Charleston.The developer will conduct due diligence and present a master plan before the North Charleston Planning and Zoning Department.
Boeing Buys 178,000-Sq.-Ft. Charleston Office Campus
Aerospace giant Boeing Co. is making its mark on the city of Charleston
Greystar Student Living Lands Charleston Student Housing Management Deal
Greystar Student Living has announced receiving the management contract of Davis Property Group’s 400 Meeting Street Apartments—a 160-bed luxury student housing development in Charleston, S.C.
$38.7M Storage Property Deal Closes in South Carolina
Strategic Storage Trust Inc. (SSTI) recently announced completing a three-phase acquisition of a 16-property storage portfolio.