2010 Commercial Space & Business Parks Guide by SC Biz News

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Dear Readers, I am proud to present the 2010 Commercial Space & Business Parks Guide. Inside you’ll find a wealth of information presented in our statistics and lists, along with the featured properties, that we hope will provide you with a useful commercial real estate decision-making tool. The economy sure has given us a wild ride hasn’t it? I was recently in conversation with several other business leaders and someone said that the recession has been non-exclusive. Well said, I thought. It has hit us all in one way or another, the only difference being how well each business, region, state or country was positioned to

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take the blow. The Charleston region certainly hasn’t been unscathed. But because history shows we have always exhibited the ability to bounce back, most local busi-

Grady Johnson CEO and Group Publisher

ness leaders remain cautiously optimistic. I believe that the diverse mix of assets we possess as a region will allow us to get ahead of the curve as the economy improves. One of those assets is opportunity for

economic growth due to existing office space, industrial space and available land. Team that with competitive rates, good infrastructure, a strong business community and a wonderful quality of life, and we have everything one must consider when relocating an existing business or deciding where to set up shop. The region also possesses a wealth of knowledgeable commercial real estate agents who know what it takes to grow a business and who have the skills to bring everyone to the table and get the deal done. These agents are very often on the front lines of economic development efforts and play a vital role in the growth of the community. As the economy improves, as it surely must, and real estate deal-flow strengthens, commercial space and commercial real estate agents will lead the recovery. And here’s hoping that it’s sooner rather than later. Enjoy,

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Contents Commercial bounce-back doesn’t mean market has stabilized................................................ 16

Featured Properties

Commercial Market Facts................................................... 17

Montague Oaks Office Park..........25

Retail Trends Report — Charleston Q2 2010...................... 18

Carolina Commerce Park..............24

25 Calhoun.....................................26 Faber Centre..................................27

Industrial Trends Report — Charleston Q2 2010................ 18

Parkshore Centre...........................28

Office Trends Report — Charleston Q2 2010...................... 21

Crosspoint Industrial.....................29 Bank of America Place.................30

2010 Commercial Space & Business Parks Guide

Industrial space has been the “bright spot” over the past year. Examples include the joint venture between MeadWestvaco Corp. and Rockefeller Group to develop a 400-acre site near Interstate 26 in Jedberg. TBC Corp. selected the site for a 1.1 million-square-foot warehouse and distribution center over sites in Norfolk, Va., Jacksonville, Fla., and Savannah. (Photo provided)

Commercial bounce-back doesn’t mean market has stabilized By Andy Owens aowens@scbiznews.com

“They’ll pay market rate,” Davis said. The result is instability in market value and pricing because it’s not based on

the market value of the land, but on the buyer’s requirements. Property prices

Davis, a principal with Anchor Commercial Real Estate Services in Charleston.

before going forward with a sale or lease.

n the second quarter of 2010, commercial real estate felt a small bounce-

can vary greatly even in the same area.

back in the Charleston area, but market experts say the region hasn’t seen

“Sales prices will continue to be all over the board,” Davis said.

the end of recession-era pricing and foreclosures.

Anchor reported that there were more deals completed in the first half of

Retail rates for commercial real estate have stabilized somewhat, said Reid P.

But absorption rates of existing inventory have been unstable, he said. “We’ve had a little absorption last year. I don’t necessarily see absorption being a short-term trend. It’s going to kind of be all over the place,” he said.

2010 than in all of last year, but many businesses are still remaining cautious “Industrial has probably been the brightest spot over the past year or so,” Davis said. “Retail just continues to struggle. Not much has changed for the good or the bad.”

Anchor’s six-month report offered a forecast of “guarded optimism” regard-

Grubb & Ellis WRS said in its second-quarter market report that retail leas-

ing the first half of 2010. The report said that sluggish sales have been some-

ing in the downtown Charleston area continued to be strong in 2010, including

what offset by leasing activity, which is up compared to the last year.

several vacant spaces that were leased on King Street this year. The commercial

Davis said that sale prices have been all over the place, and, while most sellers are motivated to move property, buyers are still in the driver’s seat regarding pricing. Buyers who are flexible can save some cash and hold out for a better price and have vastly more negotiating power than someone who must be within proximity to the port, for example.

brokerage firm also said that sales of retail property are slower than normal and sales for retail investment have been “virtually nonexistent.” The company attributed that halt in the market to the lack of capital and loans available for commercial real estate deals in most parts of the country. Grubb & Ells said that demand for industrial space is expected to grow as

2010 Commercial Space & Business Parks Guide

Commercial Market Facts

The following is a snapshot of the inventory, absorption and price of commercial real estate in the Charleston region as of September 2010 Data set Total square feet Available square feet % Vacant Rental Rates (NNN)

Office 8.58 million 1.59 million 18.51% $15.54

Industrial 24.54 million 3.46 million 17.08% $5.17

Retail 20.11 million 1.89 million 9.57% $16.96

Source: Anchor Commercial Real Estate Services

Industrial Sector on the Move Industry experts believe Boeing Co.’s decision to build an assembly line for its 787 in North Charleston and add an interiors fabrication facility nearby will bode well for the industrial space market. (Photo/Boeing Co.)

Several transactions have indicated movement in the warehouse and industrial sectors of commercial real estate, including the following: Transaction/Company...............................................................Square footage

more companies come to the Charleston area to take advantage of anticipated

SAIC sublease.................................................................................................. 300,000

growth. That includes the optimism that followed the Boeing Co.’s announce-

Boeing interiors facility.................................................................................... 250,000

ment that it was building a 787 second assembly line in North Charleston, and

American Marketing Enterprises...................................................................... 200,000

later that it was going to add an interiors fabrication facility nearby.

Food Handler renewal...................................................................................... 200,000

Neither announcement has resulted in a significant number of commercial real estate transactions, Davis said.

TSI lease......................................................................................................... 175,000

Few companies have expanded in anticipation of work from Boeing and the

CGM LLC........................................................................................................... 32,000

aerospace cluster expected to grow around the new plant, but the long-term

Goodwill Inc....................................................................................................... 20,300

movement in commercial real estate is further away, Davis said.

CMC Construction Services................................................................................ 12,700

“I think the long-term impact for us is huge,” Davis said. “For the area as a whole, it’s a huge feather in our cap.” He said the short-term benefits likely will be limited to increasing the profile of the Charleston area as a good place to do business, which can be extremely valuable in raising awareness among economic development officials.

Means Family Trust........................................................................................... 12,000 Mims Amusement Operating Co........................................................................ 10,254 Williman Investments LLC.................................................................................... 9,000 Oberton Holdings LLC.......................................................................................... 3,440

Boeing itself has had an impact, at least temporarily, by leasing office space

H&J Contracting.................................................................................................. 2,625

while the main facility is being built. Anchor said the aerospace manufacturer’s

Alliance Air Quality Services Inc........................................................................... 2,450

office needs have reduced some of the unleased inventory in the Charleston

BBA Pumps......................................................................................................... 2,400

region. The brokerage expects the space to come back on the market in a year

Blue Moon Events LLC......................................................................................... 1,500

or two, when the main Boeing facility is completed. One area of growth for commercial real estate companies has been in foreclosures and bank-owned properties, commonly known as REOs. Anchor Commercial saw so much opportunity in that area of the market that it hired Gordon Geer as director of special asset/REO management to focus solely on

Market Shift Occupancy

this area of commercial real estate.

3Q 09 Down

1Q 10 Even

3Q 10 Up

1Q 10 Up

3Q 10 Up

1Q 10 Down

3Q 10 Down

“There is a lot of that going on,” Davis said. “(Banks) want to get it unloaded, so they’re pricing it right. A lot of guys have been sitting on the sidelines but you see a lot of interested investors.”

Absorption

Geer’s job isn’t just finding owners for distressed property, Davis said. He

3Q 09 Down

also consults with banks about how to deal with such assets and helps them manage the disposition of property. Davis said growth in commercial real estate continues to be hampered by the low average sales prices in the Charleston market.

Rental Rates

3Q 09 Down

“Once we see that number start to come up, I think that will be good news for everybody,” Davis said.

cr bj

Source: Anchor Commercial Real Estate Services

retail trends report—second Qu retail trends report—second Qu retail trends report—second Qu

Office Graphs Template Charleston, SC Office Graphs Template Charleston, SC

2010 Commercial Space & Business Parks Guide

Office Graphs Template Charleston, SC

Retail Trends Report* — Charleston Q2 2010 Combined Net Absorption Combined

By Submarket Downtown Charleston East Cooper Goose Creek Moncks Corner North Charleston Summerville West Ashley West Islands Totals By Property Type Community Free-standing Neighborhood Outlet Regional Specialty/Theme Strip Super-regional Urber Retail Totals

Total SF (1) 473,652 3,368,570 931,333 419,614 5,790,650 2,674,888 4,447920 1,293,796 19,400,423 2,985,714 3,509,306 6,821598 384,084 1,253,280 584,550 1,549,307 1,971,569 341,015 19,400,423

Vacant SF (2) 27,791 294,147 49,320 752,292 247,683 341,085 205,226 1,917,544 510,785 1,074,150 4,500 76,985 34,764 157,237 31,332 27,791 1,917,544

Show Show Show

Vacancy Rate Vacancy Office Rate Graphs Template

Vacancy % 5.9% 8.7% 5.3% 13.0% 9.3% 7.7% 15.9% 9.9% 17.1% 15.7% 1.3% 6.1% 5.9% 10.1% 1.6% 8.1% 9.9%

Current Qtr. 1,927 63,121 1,600 3,000 (5,453) (10,285) 12,245 (43,424) 22,742

7.4%

Combined

(16,230) 23,181 (1,892) 11,612 4,144 1,927 22,742

Year to Date Combined Combined 66,494 Combined 41,600 3,000 (143,459) Combined (44,635) Combined 14,617 Combined (89,474) (149,930) 867 23,861 (116,370) (17,292) (40,450) (6,617) 4,144 1,927 (149,930)

Under Const. 7.4% 7.2% (3) 7.2% 8.3% 7.4%SF 8.3% 8.4% 7.2% 8.4% 8.5% 8.3% 8.5% 7.4% 8.4% 60,500 7.4% 8.4% 7.2% 9.7% 8.5% 7.2% 9.7% 8.3% 9.9% 7.4% 8.4% 8.3% 8.4% 9.9% 7.2% 9.7% 8.4% 8.5% 8.3% 9.9% 8.5% 8.4% 8.4% 42,437 8.4% 9.7% 8.5% 9.7% 9.9% 8.4% 9.9% 7.4% 9.7% 7.4% 7.2% 9.9% 7.2% 8.3% 7.4% 8.3% 8.4% 7.2% 8.4% 8.5% 8.3% 102,937 8.5% 8.4% 8.4%

Asking Rent (4)

60,500 42,437 102,937

$12.33 $14.64 $22.28 $16.35 $28.00 $15.97 16.00 $22.83 $14.71

8.4% 9.7% 8.5% 9.7% 9.9% 8.4% 9.9% 9.7% 9.9%

$17.71 $12.06 $15.16 $19.76 $11.93 $8.87 $14.64

16% Office Graphs Template Vacancy Rate 16% 12% Office Graphs Template 16% 12% 8% 12% 8% 4% 16% 8% 4%

The vacan The vacan percent an percent an The vacan the end of the end of percent a couplean o

16% 0% 12% 4% Office 2Q 09 Graphs Template 4Q 09 0% 16% 12% Office Graphs Template 2Q 4Q 09 8% 09 0% 12% 8% 09 Graphs Template Office 2Q 4Q 09 CBD Suburban 4% Suburban 8% 4% CBD

2Q10 2Q10 2Q10 Combined Combined

0% CBD Suburban 4% 2Q 09 4Q 09 0% 4Q 09 16% 2Q 09 0% 16% 2Q 09 300 4Q 09 12% 300 200 16% 12% Absorption 200 100 8%Thousands of SF) 300 (in Absorption 12% 100 08%Thousands of SF) 200 (in Absorption 04% -100 300 100 8%Thousands of SF) 4% (in -100 300 -200 200 00% 2Q 09 4Q 09 4% -200 0% 200 100 -300 -100 3002Q 09 4Q 09 09 100 4Q 0 2Q 09 -300 -200 0% 200 2Q 09 4Q 09 02Q -100 09 4Q 09 100 -300 -100 -200 4Q 09 0 2Q 09 -200 -300 -100 4Q 09 -300 2Q 09 -200 2Q 09 4Q 09 -300 300 2Q 09 4Q 09 300 200 $18 Absorbed 200 100 300 $18 Absorbed 100 0 200 0 $14 -100 $18 Absorbed 100 $18 $14 -100 -200 0 $18 -200 -300 $10 $14 2Q 09 -100 4Q 09 -300 $18 $14 2Q 09 4Q 09 $10 -200 2Q 09 4Q 09 $14 Asking Rental Rates 2Q 09 4Q 09 -300 $10 ($/SF/Yr. Full Service) Asking Rental Rates $10 2Q 09 4Q 09 $14 2Q 09 2Q 09Full Service) 4Q 4Q09 09 ($/SF/Yr. $10 Asking 2Q 09Rental Rates 4Q 09 ($/SF/Yr. Full Service) $10 2Q 09 4Q 09 $18 Page 2 $18 Page 2

Combined 2Q10 2Q10 2Q10

2Q10 2Q10 2Q10 2Q10 2Q10

2Q10 2Q10 2Q10 2Q10

2Q10 2Q10 2Q10

2Q10

2Q10 2Q10 2Q10 2Q10

Page 24QSC Charleston, 09

2Q10 2Q10

4Q 09

Graphs Template

18,537,646 7,015,192 880,950 40,157,711

2,318,306 1,608,646 167,273 5,922,763

12.5% 22.9% 19.0% 14.7%

By Property Type General Industrial R&D/Flex Warehouse/Distribution Totals

Total SF (1) Vacant SF (2) 2,212,490 330,988 4,556,396 1,124,858 33,388,825 4,466,917 40,157,711 5,922,763

Vacancy % 15.0% 24.7% 13.4% 14.7%

Charleston, SC

Vacancy Rate 1415 Stuart Engals Blvd., Mount Pleasant, SC 29464 www.wrsrealty.com Grubb & Ellis|WRS Industrial Graphs Template 8% www.wrsrealty.com

1415 16% Stuart Engals Blvd., Mount Pleasant, SC 29464 Independently owned and operated www.wrsrealty.com 4%

Year to Date 11,200 (38,162) (49,243)

quarte quarte The inc Sales a quarte Sales a

n Rates w

Mark Industrial Trends Report—Second

GrubbStuart & Ellis|WRS 12% 1415 Engals Blvd., Mount Pleasant, SC 29464

Current Dtr. (24,450) 5,709

n n n n n n

Weighted Average RateSC Charleston,

Industrial Trends Report* — Charleston Q2 2010

Vacancy % 6.8% 12.7% 24.1%

Forecas Forecas n The inc Forecas n The inc

Vacancy Rate Weighted Average Rate Page 2 Template Industrial Graphs Industrial Graphs Page 2 Template Page 2 Grubb & Ellis|WRS

Total SF (1) Vacant SF (2) 6,774,030 462,315 2,682,144 339,760 4,267,749 1,026,463

Fifth Avenu

4Q 09 2Q10 Industrial Trends Report—Second Weighted Average Rate

16%

By Submarket Berkeley Downtown East Cooper/Clements Ferry North Charleston Summerville West Ashley Totals

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Rates w Sales Industrial Trends Report—Second Rates aw

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Notes: (1) Inventory includes multitenant and single-tenant buildings 50,000 square feet and larger. (2) Vacant Space includes both vacant direct and vacant sublease space. (3) Space under construction includes speculative and build-to-suit for lease projects. (4) Asking rates are per square foot per year, full service. Rates for each building are weighted by size of the building. * Grubb & Ellis statistics are audited annually and might result in revisions to previously reported quarterly and final year-end figures

Net Absorption

a couple o the end of reported a reported a couple oa chored sho chored sho reported a Leasingsho ac chored Leasing ac previous tw previous tw Leasing ac few store c few storetw c previous rates. Land rates. Landc few store emerging

Asking Rent (4) R&D WH/Dist Flex $5.10 $6.86 $3.65 $6.54 $5.47 $5.69

(99,852) 239,539 $3.98 $6.30 (255,845) (252,345) 60,000 $3.59 $6.44 (600) (8,400) $4.49 $7.13 (375,038) (97,411) 1,160,000 $4.08 $6.23 Net Absorption Under Const. Current Dtr. Year toWarehouse/Distribution Date SF (3) Asking Rent (4) $4.52 15,616 4,420 1,100,000 $5.17 $4.46 $4.61 (20,467) (24,072) $6.23 Warehouse/Distribution $4.59 $4.52 (370,187) (77,759) 60,000 $4.08 $4.46 $4.61 (375,038) (97,411) 1,160,000 $4.53 Warehouse/Distribution

Warehouse/Distribution $4.59 $4.52 $4.52 $4.46 $4.46 Notes: (1) Inventory includes multitenant, single-tenant, and owner-occupied buildings 10,000 square feet and larger. $4.61 $4.61 Warehouse/Distribution $4.59 (2) Vacant space includes both vacant direct and vacant sublease space. $4.59 $4.52 (3) Space under construction includes speculative and build-to-suit for lease projects. $4.46 (4) Asking rates are per square foot, per year, triple net. Rates for each building are weighted by the amount of available space within the $4.61 building. $4.59 Warehouse/Distribution Warehouse/Distribution *Grubb & Ellis statistics are audited annually and might result in revisions to previously reported quarterly and final year-end figures. $4.52 $4.52 **Because of statistical auditing of property type, many buildings were reclassified from general industrial to warehouse/distribution. $4.46 $4.46 $4.61 $4.61 $4.59 $4.59 Warehouse/Distribution Source: Grubb & Ellis WRS $4.52 $4.46 $4.61 Warehouse/Distribution $4.59

12% Independently owned and operated

Vacancy Rate

Independently owned Industrial Graphs Template 8% 2Q 08 4Q 08 and operated 2Q 09 4Q 09

Industrial Graphs Template 16% 16% 4% 12% 12% 0% 1,000 4Q 08 2Q 09 4Q 09 8% 8%2Q 08 Industrial Graphs Template

2Q 10

16% 500 4% 4% 0 12% 0% Absorption 0% 1,000 -500 2Q 4Q 09 4Q 09 09 2Q10 10 (inIndustrial Thousands of 08 SF) Template 2Q 08 08 2Q 09 4Q 2Q 8% Graphs 500 16% -1,000 16% 4% 4Q 08 2Q 09 4Q 09 2Q 10 0 12% 12% Absorption 0% 1,000 1,000 -500 (in Thousands of 08 SF) 2Q 09 2Q 08 4Q 4Q 09 2Q 10 8% 8% 500 500 -1,000 $10 16% 4% 4Q 08 2Q 09 4Q 09 2Q 10 4% 00 12% Absorption 0% 1,000 0% -500 -500 $8 (in Thousands of08 SF) 2Q 2Q08 08 4Q 4Q 08 2Q09 09 4Q 4Q09 09 2Q 2Q1010 2Q 8% 500 -1,000 -1,000 $10 16% 4Q 08 08 2Q 09 4Q 2Q 4Q 2Q 09 4Q 09 09 2Q10 10 4% 0 $6 12% 0% Absorbed -500 1,000 $8 1,000 4Q 08 2Q 09 4Q 09 2Q 10 8%2Q 08 -1,000 500 $10 $10 500 $4 4Q 08 2Q 09 4Q 09 2Q 10 4% 2Q 08 4Q 08 2Q 09 4Q 09 2Q 10 00 $6 0% $8 -500 Absorbed -500 1,000 $8 2Q 08 4Q 08 2Q 09 4Q 09 2Q 10 $10 -1,000 -1,000 500 $4 4Q 08 2Q 09 4Q 09 2Q 10 4Q 08 4Q 2Q 09 2Q 09 4Q 094Q 092Q 10 08 2Q 10 $62Q 08Rental Asking Rates $6 0

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2010 Commercial Space & Business Parks Guide

0DUN \RXU FDOHQGDU UHVHUYH \RXU WLFNHWV Presented by:

:KR DUH &KDUOHVWRQÂˇV PRVW LQĂ XHQWLDO ZRPHQ LQ EXVLQHVV" On October 21st, the Charleston Regional Business Journal will answer that question by recognizing local women who have demonstrated professional excellence and leadership in their careers and community service.

7KXUVGD\ 2FWREHU Â&#x2021; DP SP 0DUULRWW &KDUOHVWRQ /RFNZRRG %OYG Special Keynote Speaker: Paula Harper Bethea, CEO of the South Carolina Education Lottery

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Sponsors:

Partner:

SCHOOL OF BUSINESS MBA

2010 Commercial Space & Business Parks Guide

Support Giving, and support philanthropy in the Lowcountry. Each year the Business Journal publishes a special section dedicated to providing the most current and comprehensive information on the state of the nonprofit sector in the Charleston region. It includes articles on the winners of the Association of Fundraising Professionals (AFP) Lowcountry Philanthropy Awards, and listings and profiles of the region’s businesses and individuals who are our philanthropic leaders. Now, when you support Giving you’ll actually be supporting philanthropy in Charleston. Your advertising dollars will enable the Business Journal to donate advertising space to Charleston’s charities in a subsection called “The Nonprofit Spotlight.” This space will give charities and other nonprofit organizations vital exposure to the business community that they normally don’t have the budget to afford. Giving will have bonus distribution at the Association of Fundraising Professionals Lowcountry Chapter Philanthropy Day Luncheon.

Publication Date November 8, 2010 Advertising Deadline October 15, 2010

For more information, call Steve Fields at 843.849.3110 or email sfi elds@scbiznews.com

Office Trends Reportâ&#x20AC;&#x201D;Second Qu

Charleston, SC Office Graphs Template Combined

Office Trends Report* â&#x20AC;&#x201D; Charleston Q2 2010 By Submarket Downtown CBD Total Daniel Island Mount Pleasant North Charleston West Ashley Suburban Total Totals

Total SF (1) 1,811,459 1,811,459 1,120,434 1,525,288 3,754,014 1,143,916 7,543,652 9,355,111

Vacant SF (2) 195,709 195,709 245,149 248,671 697,594 196,465 1,387,879 1,583,588

Vacancy % 10.8% 10.8% 21.9% 16.3% 18.6% 17.2% 18.4% 16.9%

By Class Class A Class B Class C Totals

Total SF (1) 4,755,308 2,264,609 2,315,194 9,355,111

Vacant SF (2) 757,448 458,655 367,485 1,583,588

Vacancy % 15.9% 20.3% 15.9% 16.9%

Combined

Net Absorption Current Qtr. Year to Date (30,861) 11,080 (30,861) 11,080 15,154 45,797 15,028 41,607 51,066 207,521 6,796 87,165 88,044 382,090 57,183 393,170 Net Absorption Current Qtr. Year to Date 140,293 351,066 (29,869) 17,978 (53,241) 24,126 57,183 393,170

Combined

Under Const. CombinedSF (3) 35,000 Combined 35,000 Combined Combined Combined Combined 35,000 Under Const. SF (3) 35,000 35,000

Notes: (1) Inventory includes multitenant and single-tenant buildings 50,000 square feet and larger. (2) Vacant Space includes both vacant direct and vacant sublease space. (3) Space under construction includes speculative and build-to-suit for lease projects. (4) Asking rates are per square foot per year, full service. Rates for each building are weighted by size of the building. CBD â&#x20AC;&#x201C; Central Business District * Grubb & Ellis statistics are audited annually and might result in revisions to previously reported quarterly and final year-end figures Source: Grubb & Ellis WRS

14.8%2010 Commercial 14.9% 17.7% 14.8% 17.9% 14.9% 17.7% 17.7% 18.4% (4) Asking 17.9% 14.8% Rent 20.2% 17.7% 14.9% 21.5% Class A Class B 18.4% 17.7% 21.2% 14.8% 17.9% 20.2% 14.9% $27.50 $22.76 21.5% 17.7% 17.7% 17.4% 21.2% 17.9% 18.4% $27.50 $22.76 14.8% 16.9% 20.2% 17.7% 14.9% $22.33 $19.57 18.4% 17.7% 17.4% 21.5% 20.2% 17.9% 16.9% 21.2% 14.8% $22.75 $21.13 21.5% 17.7% 20.2% 14.9% 14.8% 21.2% 18.4% 17.7% 17.4% 14.9% $22.32 $17.12 20.2% 17.9% 16.9% 17.7%

17.4% 21.5% 17.7% $26.56 $22.62 17.9% 14.8% 16.9% 21.2% 18.4% 17.7% 14.9% 20.2% $22.68 $19.43 20.2% 18.4% 17.7% 17.4% 21.5% 20.2% 17.9% 14.8% 16.9% $23.20 $20.03 21.2% 21.5% 17.7% 14.9% 20.2% 21.2% 18.4% 17.7% for Sublease Available 17.4% 20.2% 17.9% 16.9% 17.4% 21.5% 17.7% CBD Suburban 16.9% 21.2% 18.4% 20.2% 32,252 37,799 20.2% 17.4% 21.5% 16.9% 2,099 17,069 21.2% 20.2% 17.4%16.9% 34,351 54,868

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10 2010 Commercial Space & Business Parks Guide

2011

BOOKLISTS of

For more information about advertising in this publication contact our sales department at 843.849.3110

2010 Commercial Space & Business Parks Guide

Featured Properties ITT RECENTLY COMPLETED!

Welcome to the Featured Properties section of the Commercial Space & Business Parks Guide. This section provides a forum for our advertisers to feature some of their available properties with

MONTAGUE OAKS photographs and relevant details.OFFICE PARK Carolina Commerce Park..........................24 25 CALHOUN Address: Carolina Commerce Parkway, Description: Carolina Commerce Park is conveniently located just inside North Charleston the main entrance at Palmetto Commerce Park across from Classification: Industrial Shimano. The park consists of 45 acres and is home to Property Owner: KST Holdings LLC Whitecraft Inc., Verizon Wireless and ITT. Property Manager: Anchor Commercial, LLC Zoning: Light Industrial Top Assets: Available Square Footage: Build-to-suit FABER CENTRE Infrastructure is already in place. The park currently has a 10up to 100,000 square feet Montague Office Park......................25 25 aCalhoun. ................................................26 acre site cleared and permit ready for up toCENTRE 100,000 square feet PARKSHORE Number of Bays: ToOaks suit Description: Description: Address: 25 Calhoun St., Charleston Address: 3520 W. Montague Ave., New e 63,000 square class A+ office building in the CBD. of warehouse/manufacturing site isfootcentrally located This Class “A” office park is conveniently located adjacent toClassification: Class “A+” Officespace. Th North 45 Charleston, S.C. 29418 Park Size: acres Opening Fall 2011. Developed by Holder Properties and the North Charleston Coliseum. The site offers great visibility, Property Manager: Durlach Associates Classification: Class “A” Office Durlach Associates. Overlooking Concord Park in the most the 526 area’ employment base. accessibility and easy access toto Interstate and s Interstate 26. Square Footage: Available Contact dynamic part of the city. 25 Calhoun is registered under the Available Acres: acres Property Owner: 20 Montague Oaks LLC The office park is located less than 1 mile from the new Boeing developer’s representative for availabilities. LEED® green building certification program. Property Manager: Coldwell Banker facility and the Charleston International Airport. Abundant Year Developed: 2011 Year Developed: 2000 Top Assets: parking is available. Commercial Atlantic International Inc. Improvements Planned: Flexible layouts up to 22,000 sq. ft. on a single floor. First Available Square Footage: 1,250 square generation tenant improvements. Modern glass exterior and Improvements Planned: Developer’s Representativessquare feet. feet - 6,358 square feet Build-to-suit up to 100,000 lobby, stunning views, amenity rich neighborhood including Two additional buildings comprising approximately 60,000 Name: John Durlach Park Size: 23,837 square feet Year Developed: 2008

square feet are proposed.

Phone: 843-723-2848 E-mail: jdurlach@durlach.com Name: Darby Siegel Phone: 843-266-8601 E-mail: dsiegel@holderproperties.com Website: www.25calhoun.com

restaurants and civic institutions set the tone for an exceptional business experience.

Developer’s Representative Lead tenant: Young Clement Rivers. Name: R. Milton Thomas III, CCIM, SIOR Developer’s Representative Phone:Name: 843-747-1200 Bobby Reece Phone: 843-744-9877 BANK OF AMERICA PLACE E-mail:E-mail: milton@anchorcommercial.net Faber Centre..............................................27 Parkshore Centre.......................................28 breece@cbcatlantic.com CROSSPOINT INDUSTRIAL Description: Address: 4000www.cbcatlantic.com Faber Place Dr., Description: Address: One Poston Road, Charleston Website: Website: www.anchorcommercial.net 120,000 square feet of class A+ offices located in the City of 100,000 square feet of class A+ offices. Developed by Holder North Charleston Classification: Class “A+” Office Property Manager: Durlach Associates Available Square Footage: Contact developer’s representative for availabilities. Year Developed: 2008

Developer’s Representatives Name: John Durlach Phone: 843-723-2848 E-mail: jdurlach@durlach.com Name: Darby Siegel Phone: 843-266-8601 LVD E-mail: dsiegel@holderproperties.com TRIOT B PA Website: www.FaberCentre.com

Properties and Durlach Associates, Faber Centre is a premier four story office building located at I-526 and Leeds Avenue in the Executive Park at Faber Place. Tenants include: CIGNA, Charleston County Economic Development, Corporate DevelopMint, DeltaCom, JJG, Meredith Law Firm, MetLife, Pulte, SunTrust and Walgreen Co. Top Assets: Flexible layouts from 2,500 sq. ft. to 25,000 sq. ft. on a single floor. First generation tenant improvements. On-site building engineer. First Class lobbies, restrooms and common areas.

Classification: Industrial

Developer’s Representative Name: John Durlach Phone: 843-723-2848 E-mail: jdurlach@durlach.com Website: www.durlach.com

Charleston. Developed by Durlach Associates. ENERGY STAR® rated and registered under the LEED® green building certification program. Metropolitan convenience in a naturally wooded, landscaped setting within 10 minutes of the airport and the Historic District.

Top Assets: Flexible layouts from 1,000 to 40,000 sq. ft. on a single floor. Exceptional location with direct access to I-26. First Class lobbies, restrooms, and common areas. Abundant parking – 5 spaces per 1,000 sq. ft. Large common conference room.

To Boeing and CHS Airport: 8 Miles

Crosspoint Industrial.................................29

Address: Palmetto Commerce Parkway

Classification: Class “A+” Office Property Manager: Durlach Associates Available Square Footage: Contact developer’s representative for availabilities. Park Size: 7 acres

Description: Crosspoint Industrial at Palmetto Commerce Park is comprised of 305 acres of land that is ideally located, zoned for industrial use and ready for immediate

Bank of America Place.............................30

12 2010 Commercial Space & Business Parks Guide

CAROLINA COMMERCE PARK

ITT RECENTLY COMPLETED!

Address: Carolina Commerce Parkway, North Charleston Classification: Industrial Property Owner: KST Holdings LLC Property Manager: Anchor Commercial, LLC Zoning: Light Industrial Available Square Footage: Build-to-suit up to 100,000 square feet Number of Bays: To suit Park Size: 45 acres Available Acres: 20 acres Year Developed: 2000

Developerâ&#x20AC;&#x2122;s Representative Name: R. Milton Thomas III, CCIM, SIOR Phone: 843-747-1200 E-mail: milton@anchorcommercial.net Website: www.anchorcommercial.net

Description: Carolina Commerce Park is conveniently located just inside the main entrance at Palmetto Commerce Park across from Shimano. The park consists of 45 acres and is home to Whitecraft Inc., Verizon Wireless and ITT. Top Assets: Infrastructure is already in place. The park currently has a 10acre site cleared and a permit ready for up to 100,000 square feet of warehouse/manufacturing space. The site is centrally located to the areaâ&#x20AC;&#x2122;s employment base. Improvements Planned: Build-to-suit up to 100,000 square feet.

2010 Commercial Space & Business Parks Guide

MONTAGUE OAKS OFFICE PARK

Address: 3520 W. Montague Ave., North Charleston, S.C. 29418 Classification: Class “A” Office Property Owner: Montague Oaks LLC Property Manager: Coldwell Banker Commercial Atlantic International Inc. Available Square Footage: 1,250 square feet - 6,358 square feet Park Size: 23,837 square feet Year Developed: 2008

Developer’s Representative Name: Bobby Reece Phone: 843-744-9877 E-mail: breece@cbcatlantic.com Website: www.cbcatlantic.com

Description: This Class “A” office park is conveniently located adjacent to the North Charleston Coliseum. The site offers great visibility, accessibility and easy access to Interstate 526 and Interstate 26. The office park is located less than 1 mile from the new Boeing facility and the Charleston International Airport. Abundant parking is available. Improvements Planned: Two additional buildings comprising approximately 60,000 square feet are proposed.

14 2010 Commercial Space & Business Parks Guide

25 CALHOUN

Address: 25 Calhoun St., Charleston Classification: Class “A+” Office Property Manager: Durlach Associates Available Square Footage: Contact developer’s representative for availabilities. Year Developed: 2011

Developer’s Representatives Name: John Durlach Phone: 843-723-2848 E-mail: jdurlach@durlach.com Name: Darby Siegel Phone: 843-266-8601 E-mail: dsiegel@holderproperties.com Website: www.25calhoun.com

Description: New 63,000 square foot class A+ office building in the CBD. Opening Fall 2011. Developed by Holder Properties and Durlach Associates. Overlooking Concord Park in the most dynamic part of the city. 25 Calhoun is registered under the LEED® green building certification program. Top Assets: Flexible layouts up to 22,000 sq. ft. on a single floor. First generation tenant improvements. Modern glass exterior and lobby, stunning views, amenity rich neighborhood including restaurants and civic institutions set the tone for an exceptional business experience. Lead tenant: Young Clement Rivers.

2010 Commercial Space & Business Parks Guide

FABER CENTRE

Address: 4000 Faber Place Dr., North Charleston Classification: Class “A+” Office Property Manager: Durlach Associates Available Square Footage: Contact developer’s representative for availabilities. Year Developed: 2008

Description: 100,000 square feet of class A+ offices. Developed by Holder Properties and Durlach Associates, Faber Centre is a premier four story office building located at I-526 and Leeds Avenue in the Executive Park at Faber Place.

Top Assets: Flexible layouts from 2,500 sq. ft. to 25,000 sq. ft. on a single floor. First generation tenant improvements. On-site building engineer. First Class lobbies, restrooms and common areas.

Tenants include: CIGNA, Charleston County Economic Development, Corporate DevelopMint, DeltaCom, JJG, Meredith Law Firm, MetLife, Pulte, SunTrust and Walgreen Co.

16 2010 Commercial Space & Business Parks Guide

PARKSHORE CENTRE

Address: One Poston Road, Charleston Classification: Class “A+” Office Property Manager: Durlach Associates Available Square Footage: Contact developer’s representative for availabilities. Park Size: 7 acres

Developer’s Representative Name: John Durlach Phone: 843-723-2848 E-mail: jdurlach@durlach.com Website: www.durlach.com

Description: 120,000 square feet of class A+ offices located in the City of Charleston. Developed by Durlach Associates. ENERGY STAR® rated and registered under the LEED® green building certification program. Metropolitan convenience in a naturally wooded, landscaped setting within 10 minutes of the airport and the Historic District. Top Assets: Flexible layouts from 1,000 to 40,000 sq. ft. on a single floor. Exceptional location with direct access to I-26. First Class lobbies, restrooms, and common areas. Abundant parking – 5 spaces per 1,000 sq. ft. Large common conference room.

2010 Commercial Space & Business Parks Guide

CROSSPOINT INDUSTRIAL

To Boeing and CHS Airport: 8 Miles

D BLV T RIO

PAT

Address: Palmetto Commerce Parkway Classification: Industrial Property Owner: Jamestown Properties and Childress Klein Property Developer: Childress Klein Zoning: Industrial Park Size: 305 acres Available Acres: 305 acres Transportation Access: Palmetto Commerce Parkway Developer’s Representative Name: Mike White, CBRE Carmody Phone: 843-819-1234 E-mail: mike.white@cbre.com Website: www.CharlestonIndustrial.com

Description: Crosspoint Industrial at Palmetto Commerce Park is comprised of 305 acres of land that is ideally located, zoned for industrial use and ready for immediate development. Jointly owned by Jamestown Properties and Childress Klein, Crosspoint promises to provide the Charleston region with up to 2 million square feet of manufacturing space well suited for aviation suppliers, manufacturers and logistics providers. Top Assets: Crosspoint Industrial is located in an area that provides a brand new network of roads, as well as access to an abundant, highly skilled labor base in North Charleston and surrounding communities. Crosspoint’s owners are able to finance any size industrial development and provide additional acreage for expansions. The industrial parcel is expertly marketed by CB Richard Ellis Carmody, Charleston’s local affiliate of the world’s largest real estate services provider.

18 2010 Commercial Space & Business Parks Guide

BANK OF AMERICA PLACE

Address: 200 Meeting St., Charleston Classification: Class “A” Office Property Owner: Charleston Financial Center LLC Property Manager: CB Richard Ellis/Carmody LLC Available Square Footage: 12,743 square feet (Four suites from 1,914 square feet to 5,159 square feet.) Year Developed: 1990

Developer’s Representative Name: Charles S. Carmody, SIOR, CCIM Phone: 843-577-1155 E-mail: charles.carmody@cbre.com Website: www.cbrecharleston.com

Description: Bank of America Place is a 144,046 sq. ft. Class A office building located in the heart of the prestigious Historic District. The building features a glorious southern interior with charming architectural appointments. An attached parking garage provides tenants and guests with full access to all 4 floors of the building. Four suites are ready for occupancy and flex space is available to accommodate tenants during the upfit process. The available ground floor suite offers its tenant the additional benefit of exterior signage. Available Suites: Suite 100: 1,914 sq. ft. Suite 306: 5,159 sq. ft.

Suite 206: 3,550 sq. ft. Suite 410: 2,111 sq. ft.

Amenities: Attached parking structure with a 355 car capacity On-site fitness center On-site maintenance personnel Premier office location in the city of Charleston

2010 Commercial Space & Business Parks Guide

Commercial/Industrial Real Estate Companies Ranked by Total No. of Full-Time Licensed Commercial Agents

Company NAI Avant Charleston LLC 180 Meeting St., Suite 310 Charleston, SC 29401

Phone Fax Web Site

No. of Full-Time Licensed Commercial Agents/ No. of Full-Time Support Staff

Types of Properties Sold

Top Local Executive or Broker in Charge/ Year Founded Locally

843-720-4944 843-720-2895 www.naiavant.com

33 1

Medical, land, office, retail, property management

E. David Grubbs Jr. 2010

843-744-9877 843-744-9879 www.cbcatlantic.com

27 4

Industrial, office, retail, multifamily, land, hospitality, investment

Brent A Case, Michael R. Rose 1986

843-577-0702 843-577-0710 www.cbrecharleston.com

15 10

Office, retail, medical, multifamily, industrial, light industrial, land

Charles S. Carmody 1992

CC&T Real Estate Services 1601 Oceanic Street Charleston, SC 29405

843-577-6722 843-577-0153 www.cctre.com

12 6

land, industrial, multifamily, office, retail, medical

David Smythe 1993

Colliers International 151 Meeting St., Suite 350 Charleston, SC 29401

843-723-1202 843-577-3837 www.colliers.com/markets/charleston

10 2

Industrial, office, retail, land, medical

Woody Moore 1995

843-724-0100 843-958-9757 www.coppedgetison.com

10 0

Heavy and light industrial, investment, land, office, retail

John H. Tison 2004

Palmetto Commercial Properties Inc. 578-A East Bay St. Charleston, SC 29403

843-577-2550 843-577-2552 www.palmettocommercialproperties.com

10 6

Industrial, office, retail, medical, land, investment

William Edlund, W. Carlyle Blakeney 1996

Palmetto Commercial Properties Inc. 578-A East Bay St. Charleston, SC 29403

843-577-2550 843-577-2552 www.palmettocommercialproperties.com

10 6

Industrial, office, retail, medical, land, investments

Carlyle Blakeney, William H. Edlund 1996

843-766-0261 843-766-3512 www.sadlergroup.net

8 2

Land, light and heavy industrial, retail, warehouse, medical, office, flex space

R. Thomas Sadler 1893

843-388-9818 843-388-9821 DNR

7 0

Land, office, flex space, warehouse, retail

Hap Kennerty 1989

843-805-6060 843-577-6656 www.carolinacre.com

6 3

Industrial, retail, office, land, investment, multifamily

Charlie L. Moore 2010

Lat Purser & Associates Inc. 501 Belle Hall Parkway, Suite 101 Mount Pleasant, SC 29464

843-884-1104 843-884-1054 www.latpurser.com

6 0

Business centers, raw and vacant land, office, industrial, medical, retail, multifamily

Terry Ansley 2007

Arthur Ravenel Jr. Co. 105 Wappoo Creek Drive, Suite 4A Charleston, SC 29412

843-723-7847 843-722-6647 www.ravenelrealestate.com

5 2

Commercial

Arthur Ravenel III 1969

Skye Properties Inc. 1028 LeGrand Blvd. Charleston, SC 29492

843-856-0799 843-856-0899 www.skyepropertiesinc.com

5 1

Industrial, residential, office, medical, commercial

Alex Quattlebaum Jr. 1975

Cogdell Spencer Erdman 125 Doughty St., Suite 620 Charleston, SC 29403

843-722-3003 843-722-3141 www.cogdell.com

4 6

Medical

Carla Fix, Bob O'Harra 1989

Joe Griffith Inc. 946 Johnnie Dodds Blvd. Mount Pleasant, SC 29464

843-577-2230 843-723-6686 www.joegriffithinc.com

4 0

Retail, office, investment, income-producing, land

Louis E. Griffith 1957

Re/Max Pro Realty 9209 University Blvd. North Charleston, SC 29406

843-767-7777 843-767-4006 www.remax.com

4 5

Light industrial, medical, warehouse, office, retail

David W. Finn 2009

843-566-1888 843-554-8000 www.caldwellcommercial.com

3 5

Office, medical, light industrial, retail

Bob Caldwell 2003

843-216-3740 843-216-3743 www.ccbgrealestate.com

3 1

Commercial, investment, retail, industrial, land

Dan T. Henderson Jr. 2003

Coldwell Banker Commercial Atlantic International Inc. 3506 W. Montague Ave., Suite 200 North Charleston, SC 29418 CB Richard Ellis Carmody LLC 134 Meeting St., Suite 510 Charleston, SC 29401

Coppedge & Tison, Cushman & Wakefield 1 Unity Alley, Suite 310 Charleston, SC 29401

Sadler Group of Charleston LLC 22 Windermere Blvd. Charleston, SC 29407 Kennerty Ratner & Tezza LLC 1035 Johnnie Dodds Blvd., Suite B-11 Mount Pleasant, SC 29464 Carolina Commercial LLC P.O. Box 509 Charleston, SC 29402

Caldwell Commercial LLC 2456 Remount Road, Suite 308 North Charleston, SC 29406 CCBG Real Estate Group LLC 1031 Chuck Dawley Blvd., Suite 4 Mount Pleasant, SC 29464

Information presented was provided upon request from company representatives, and SC Biz News LLC assumes the data is accurate. Not all commercial/ industrial real estate companies are listed, only those that responded to our information inquiry. DNR-Did Not Respond.

Researched by Clayton Wynne

20 2010 Commercial Space & Business Parks Guide

Commercial/Industrial Real Estate Companies Ranked by Total No. of Full-Time Licensed Commercial Agents

Phone Fax Web Site

No. of Full-Time Licensed Commercial Agents/ No. of Full-Time Support Staff

Types of Properties Sold

Top Local Executive or Broker in Charge/ Year Founded Locally

843-406-7979 843-406-8854 www.cominvestgroup.com

3 2

Self-storage, retail, office, development, land, multiresidential

P. John DeStefano 2006

843-871-7181 843-821-5180 DNR

3 2

Land

Paul A. Ansell 1991

Norvell Real Estate Group LLC 2 Amherst St. Charleston, SC 29403

843-579-0055 843-579-9010 www.norvellgroup.com

3 3

Investment

Frank W. Norvell 1998

Strategic Real Estate Advisors 353 N. Shelmore Blvd., Suite 200 Mount Pleasant, SC 29464

843-416-1060 843-416-1061 www.sreadvisors.com

3 1

Investment

James D. Robertson 2002

843-884-7773 843-884-7704 www.summitcommercialproperties.com

3 1

Commercial, office, land, industrial, retail

Lisa Blanton Safford 2004

Twin Rivers Capital LLC 125-G Wappoo Creek Drive Charleston, SC 29412

843-722-9925 843-722-9947 www.twinriverscap.com

3 8

Net leased investments, retail, land

Jeffrey J. Lamberson 2002

Carr Properties LLC 5806 Campbell St. Hanahan, SC 29410

843-744-2863 843-744-0321 www.carr-properties.com

2 2

Light industrial, office, self-storage, land

Walter D Carr 2001

843-766-1600 843-402-7777 DNR

2 0

Industrial, office, retail, investment

Gary A. Catterton 1988

843-723-2801 843-722-2421 www.durlach.com

2 3

Office

Marcus R. Durlach IV, John R.N. Durlach 1979

843-805-8011 843-805-8012 www.harborcityadvisors.com

2 1

Land, office, retail, industrial

Christopher T. Cunniffe 2004

843-723-7222 843-723-9403 www.hartnettrealty.com

2 9

Commercial, residential, land

Thomas F. Hartnett 1947

843-442-1872 843-853-8550 www.restaurantstore.com

2 1

Food and beverage commercial

Timothy J. Hagar 2000

843-577-7406 843-577-7574 DNR

2 3

Light industrial, development sites and land, commercial

Patterson S. Smith 1976

Retail & Investment Property Advisors LLC 635-F East Bay St. Charleston, SC 29403

843-720-8771 843-720-8701 www.retailpropertyadvisors.com

2 3

Leasing, brokerage, investment sales, tenant representation

W. Harvey Brockinton Jr. 2003

Matthew Ryan Co. LLC 104 Berkeley Square, PMB 59 Goose Creek, SC 29445-2958

843-572-0000 843-572-0050 www.matthewryancompany.com

2 0

all including Commercial, investment, commercial and residential property mgmt and residential sales

Bob Glover, CCIM 1989

843-849-5455 843-849-3044 DNR

1 1

Free-standing retail, single-tenant, small neighborhood retail, office

C. Gordon Lovingood 1987

843-762-3111 843-795-7788 www.classicrealtyenterprises.com

1 0

Commercial, retail, office, land, mixed-use

Lucrisa Smith 2005

843-853-0105 843-853-0160 www.johnsondevelopment.net

1 1

Industrial, manufacturing, distribution

Josh Jones 2005

843-766-1606, ext 101 843-852-3400 DNR

1 2

Commercial, industrial, retail, office, land

Rosemary Stafford 1986

Company Commercial Investment Group 125-A Wappoo Creek Drive Charleston, SC 29412 ECDC Realty LLC 105-E S. Cedar St. Summerville, SC 29483

Summit Commercial Properties Inc. 1537-B Ben Sawyer Blvd. Mount Pleasant, SC 29464

Catterton-General LLC Commercial Investment Real Estate 1525 Sam Rittenberg Blvd. Charleston, SC 29407 Durlach Associates 1 Poston Road, Suite 230 Charleston, SC 29407 Harbor City Real Estate Advisors LLC 510 Live Oak Drive Mount Pleasant, SC 29464 Hartnett Realty Co. Inc. 134 Meeting St., Suite 120 Charleston, SC 29401 National Restaurant Properties 215 East Bay St., Suite 505-D Charleston, SC 29401 Patterson Smith Co. Inc. 51 John St. Charleston, SC 29403

C3 Investments Inc. 220 Church St., Suite 101 Mount Pleasant, SC 29464 Classic Realty Enterprises Inc. P.O. Box 12447 Charleston, SC 29422 Johnson Development Associates Inc. 171 Church St., Suite 300 Charleston, SC 29401 Spectrum Properties Inc. 1126 Lango Ave. Charleston, SC 29407

Researched by Clayton Wynne

2010 Commercial Space & Business Parks Guide

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22 2010 Commercial Space & Business Parks Guide

Industrial Buildings

These industry-specific lists appear in each issue of the Charleston Regional Business Journal. To update your company information or to be added to the list, call Clayton Wynne at 843-849-3114 or update online at www.charlestonbusiness.com/update_lists/.

Ranked by Available Square Footage

Available Square Feet

Clear Height

Dock-Height Truck Doors

Wall Type

Year Built

Broker Name/ Broker Phone

2550 Fifth North St. Summerville, SC 29483

390,000

Metal Insulated

1977

Re/Max Pro Realty/ 843-767-7777

326 Deming Way Summerville, SC 29483

330,000

See Property Description

Metal Insulated

1998

Grubb & Ellis/WRS/ 843-725-7200

9551 William Aiken Drive North Charleston, SC 29456

315,000

See Property Description

Tilt-Up Concrete Not Insulated

1981

Keller Williams Charleston Mount Pleasant/ 843-416-2000

1020 Northpointe Industrial Blvd. Hanahan, SC 29445

305,423

See Property Description

Pre-Cast Concrete Insulated

2000

Charleston Regional Development Alliance/ 843-767-9300

4500 Goer Drive North Charleston, SC 29405

257,000

See Property Description

Brick Not Insulated

1965

Grubb & Ellis/WRS/ 843-725-7200

3290 Benchmark Drive Ladson, SC 29456

257,000

See Property Description

Metal Insulated

2000

Holcombe Fair & Lane/ 843-722-2642

1980 Technology Drive Charleston, SC 29492

253,500

See Property Description

Tilt-Up Concrete Insulated

2007

Colliers International/ 843-723-1202

0 Truxton Ave. North Charleston, SC 29405

250,000

See Property Description

Metal Insulated

1935

Carolina Commercial LLC/ 843-805-6060

1 Belt Drive Moncks Corner, SC 29461

240,000

See Property Description, Insulated

1950

CB Richard Ellis/Carmody/ 843-577-0702

7555 N. Spartan Blvd. North Charleston, SC 29420

199,742

See Property Description

Metal Insulated

1989

Maybank Properties LLC/ 843-740-9200

5801 N. Rhett Ave., Building 2 Hanahan, SC 29406

197,959

Pre-Cast Concrete Insulated

1980

Grubb & Ellis/WRS/ 843-725-7200

900 Commerce Circle Hanahan, SC 29406

175,080

Tilt-Up Concrete Not Insulated

N/A

Maybank Properties LLC/ 843-740-9200

6555 Fain Blvd. North Charleston, SC 29406

170,000

See Property Description, Not Insulated

1972

CB Richard Ellis/Carmody/ 843-577-0702

315 Ravenel Road St. Stephen, SC 29479

160,000

See Property Description, Insulated

1964

Palmetto Commercial Prop Inc./ 843-577-2550

3290 Benchmark Drive Ladson, SC 29456

157,000

See Property Description

Metal Insulated

2000

Holcombe Fair & Lane/ 843-722-2642

3191 Ashley Phosphate Road North Charleston, SC 29418

155,719

Pre-Cast Concrete Insulated

1978

CB Richard Ellis/Carmody/ 843-577-0702

211 Farmington Road Summerville, SC 29483

131,535

See Property Description

Metal Insulated

1979

CB Richard Ellis/Carmody/ 843-577-0702

2453 King St. Extension North Charleston, SC 29405

119,452

See Property Description

Tilt-Up Concrete Insulated

1976

Carolina Commercial LLC/ 843-805-6060

2345 Charleston Regional Parkway Charleston, SC 29492

112,000

See Property Description

Tilt-Up Concrete Insulated

2007

Colliers International/ 843-723-1202

326 Deming Way Summerville, SC 29483

110,000

Metal Insulated

1998

Grubb & Ellis/WRS/ 843-725-7200

5801 Rhett Ave. Hanahan, SC 29406

103,890

Pre-Cast Concrete Insulated

1980

Grubb & Ellis/WRS/ 843-725-7200

201 Luken Road Goose Creek, SC 29445

101,650

Tilt-Up Concrete Insulated

2001

CB Richard Ellis/Carmody/ 843-577-0702

1325 Garrott Ave. Moncks Corner, SC 29461

100,823

Tilt-Up Concrete Insulated

2003

CB Richard Ellis/Carmody/ 843-577-0702

1320 Garrott Ave. Moncks Corner, SC 29461

100,823

Tilt-Up Concrete Insulated

2003

CB Richard Ellis/Carmody/ 843-577-0702

310 Industrial Road Summerville, SC 29483

100,505

Metal Insulated

1986

Carolina One Real Estate/ 843-871-9000

3290 Benchmark Drive Ladson, SC 29456

100,000

See Property Description

Metal Insulated

2000

Holcombe Fair & Lane/ 843-722-2642

900 Commerce Circle Hanahan, SC 29406

100,000

Metal Not Insulated

1988

Maybank Properties LLC/ 843-740-9200

5801 Rhett Ave. Hanahan, SC 29406

94,069

Pre-Cast Concrete Insulated

1980

Grubb & Ellis/WRS/ 843-725-7200

1025 LeGrand Blvd. Charleston, SC 29492

90,000

Pre-Cast Concrete Insulated

1995

Grubb & Ellis/WRS/ 843-725-7200

916 Commerce Circle Hanahan, SC 29406

80,000

Metal Insulated

1980

CB Richard Ellis/Carmody/ 843-577-0702

900 Commerce Circle Hanahan, SC 29406

75,080

Tilt-Up Concrete Not Insulated

1988

Maybank Properties LLC/ 843-740-9200

324 Deming Way Summerville, SC 29483

75,000

Metal Insulated

1998

Grubb & Ellis/WRS/ 843-725-7200

2560 West 5th North St. Summerville, SC 29483

70,200

Metal Insulated

1981

Carolina Commercial LLC/ 843-805-6060

1930 Hanahan Road North Charleston, SC 29406

70,000

Concrete Block Not Insulated

1980

Palmetto Commercial Properties Inc./ 843-577-2550

620 Dobbin Road Charleston, SC 29414

69,411

Tilt-Up Concrete Insulated

1987

Coldwell Banker Commercial/Atlantic International/ 843-744-9877

Address

Source: Charleston Regional Development Alliance, company representatives and www.crda.org. SC Biz News LLC assumes the data is accurate. N/A-Not Available. *Where "See property description" is indicated, that information can be viewed at crda.binarybus.net.

Researched by Clayton Wynne

2010 Commercial Space & Business Parks Guide

Industrial Buildings

Ranked by Available Square Footage

Available Square Feet

Clear Height

Dock-Height Truck Doors

Wall Type

Year Built

Broker Name/ Broker Phone

3034 Ashley Phosphate Road North Charleston, SC 29420

68,763

Metal Not Insulated

1986

Maybank Properties LLC/ 843-740-9200

412 Industrial Road N/A, N/A N/A

63,000

Metal Insulated

2000

CB Richard Ellis/Carmody/ 843-577-0702

420 Industrial Road Summerville, SC 29483

63,000

Metal Insulated

2000

CB Richard Ellis/Carmody/ 843-577-0702

2816 Azalea Drive North Charleston, SC 29405

62,000

N/A

See Property Description, Not Insulated

1991

Hartnett Realty Co./ 843-723-7222

547 Long Point Road Mount Pleasant, SC 29464

60,791

Metal Insulated

2006

Strategic Real Estate Advisors/ 843-416-1064

5801 North Rhett Ave., Building 2 Hanahan, SC 29406

56,013

Pre-Cast Concrete Insulated

1980

Grubb & Ellis/WRS/ 843-725-7200

326 Deming Way Summerville, SC 29483

55,000

Metal Insulated

1998

Grubb & Ellis/WRS/ 843-725-7200

6331 Fain Blvd. North Charleston, SC 29406

52,227

See Property Description

Metal Not Insulated

1972

Grubb & Ellis/WRS/ 843-725-7200

219 Varnfield Drive Summerville, SC 29483

50,765

Metal Insulated

2008

RE/Max Pro Realty/ 843-767-7777

1009 Trident St. Hanahan, SC 29406

50,000

See Property Description

Metal Not Insulated

1981

Maybank Properties LLC/ 843-740-9200

2155 Durant Ave. North Charleston, SC 29405

50,000

Metal Not Insulated

1975

Palmetto Commercial Prop Inc./ 843-577-2550

7350 Spartan Blvd. North Charleston, SC 29418

49,500

Metal Insulated

1987

Grubb & Ellis/WRS/ 843-725-7200

2509 Clements Ferry Road Charleston, SC 29492

48,750

Metal Insulated

1999

Keller Williams Chas. Mt Pleasant/ 843-416-2000

212 Industrial Road Summerville, SC 29483

44,000

Metal Not Insulated

1980

CB Richard Ellis/Carmody/ 843-577-0702

10009 Highway 78 Ladson, SC 29456

40,042

Metal Insulated

2005

Grubb & Ellis/WRS/ 843-725-7200

5801 North Rhett Ave., Building 2 Hanahan, SC 29406

38,056

Pre-Cast Concrete Insulated

1980

Grubb & Ellis/WRS/ 843-725-7200

7381 Spartan Blvd. North Charleston, SC 29418

32,000

Other Insulated

1970

Grubb & Ellis/WRS/ 843-725-7200

2821 Azalea Drive North Charleston, SC 29405

30,500

Metal Insulated

1975

Grubb & Ellis/WRS/ 843-725-7200

4115 Dorchester Road North Charleston, SC 29405

30,000

Metal Not Insulated

2009

Durlach Associates Inc./ 843-723-2801

1850 Ashley River Road Charleston, SC 29407

29,160

Metal Insulated

1978

Grubb & Ellis/WRS/ 843-725-7200

4744 Highway162 Hollywood, SC 29449

29,104

Metal Not Insulated

1980

Grubb & Ellis/WRS/ 843-725-7200

2740 Azalea Dr. North Charleston, SC 29405

27,000

Metal Insulated

1952

Coppedge & Tison Commercial Real Estate/ 843-724-0100

210 Cember Way Summerville, SC 29483

26,800

Metal Insulated

2008

Anchor Commercial LLC/ 843-747-1200

4567 Piggly Wiggly Drive North Charleston, SC 29405

26,320

Brick Not Insulated

1960

Grubb & Ellis/WRS/ 843-725-7200

1888 Clements Ferry Road Charleston, SC 29492

26,250

See Property Description

Metal Insulated

1999

Meyer Kapp & Associates LLC/ 843-971-8600

7350 Cross Country Road North Charleston, SC 29418

25,609

See Property Description, Not Insulated

1982

Grubb & Ellis/WRS/ 843-725-7200

219 Varnfield Drive Summerville, SC 29483

25,382

Metal Insulated

2008

RE/Max Pro Realty/ 843-767-7777

7240 Cross Park Drive North Charleston, SC 29418

25,000

Metal Insulated

1996

Keller Williams Chas. Mt Pleasant/ 843-416-2000

1007 Trident St. Hanahan, SC 29406

25,000

See Property Description

Metal Not Insulated

1981

Maybank Properties LLC/ 843-740-9200

2532 Spruill Ave. North Charleston, SC 29405

25,000

Concrete Block, Not Insulated

1975

Palmetto Commercial Prop Inc./ 843-577-2550

230 Deming Way Summerville, SC 29483

23,975

Metal Insulated

1988

Carolina Commercial LLC/ 843-805-6060

909 Commerce Circle Hanahan, SC 29406

22,889

Concrete Block, Not Insulated

1974

Carr Properties LLC/ 843-744-2863

4523 Savannah Highway Ravenel, SC 29470

22,500

Metal Insulated

1997

Catterton-General LLC/ 843-766-1600

1939 Belgrade Ave. Ladson, SC 29407

22,000

N/A

Metal Insulated

1993

Time Properties/ 843-552-7525

2696 Rourk St. North Charleston, SC 29405

22,000

Metal Insulated

1995

Coppedge & Tison Commercial Real Estate/ 843-724-0100

Address

Researched by Clayton Wynne

24 2010 Commercial Space & Business Parks Guide

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