You’re seeing The Post and Courier’s weekly actual property e-newsletter. Receive all the newest transactions and high growth, constructing, and residential and industrial gross sales information to your inbox every Saturday right here.
Pacific Box & Crate lands 5 new tenants on higher peninsula
Five new tenants not too long ago signed leases totaling greater than 33,000 sq. ft for an higher peninsula mixed-use growth.
In Pacific Box & Crate at 1505 King St., Lennar Homes leased 13,591 sq. ft, Miller Valentine Construction occupied 3,702 sq. ft, Data Protocol signed for five,707 sq. ft, Altas Executive Consulting leased 7,086 sq. ft, and Orange Elephant Roofing & Construction took 3,779 sq. ft. All the tenants have moved in besides Atlas, which occupies the house Sept. 1.
The house turned vacant when after Boom Town gave again 20,000 sq. ft earlier this yr and Palmetto Solar relinquished a smaller block. Rancho Lewis took over the previous Workshop house.
The higher peninsula location and onsite parking helped to rapidly backfill the house, in keeping with Brian Connolly with the Charleston workplace of industrial actual property agency Jones Lang LaSalle. Edmunds Oast Brewing Co. and Sushi Wa are also positioned onsite.
About 7,500 sq. ft stay to be stuffed at Pacific Box & Crate, Connolly mentioned.
Charleston-area residence gross sales slipped once more in May, the ninth consecutive month of decrease transactions in comparison with the shopping for binge in late 2020 and early 2021. File/Warren L. Wise/Staff
Home gross sales dip for ninth straight month as worth balloons to $425,000
Charleston-area residence transactions declined once more in May as borrowing prices surged, stock remained anemic and costs jumped one other $26,000 since April. The president of the Realtors group referred to as the downward pattern a return to pre-pandemic gross sales ranges.
By the numbers
20: Number of SC airports that may share in $19 million in FAA grants for numerous enchancment initiatives.
60: Millions of {dollars} paid in two separate offers for three condominium communities in Goose Creek and Summerville.
38,773: Square footage of new pickleball and meals venue coming to former gun store in northern Mount Pleasant.
This week in actual property
+ Gassing up: Charleston-based comfort retailer chain Refuel grows to 185 places after shopping for 15 Texas outlets
+ Opening quickly: Gift and residential equipment retailer Laurel & Lawton plans to open quickly in Mount Pleasant.
+ What’s cooking?: A Southeast Asian-inspired restaurant plans to open a third Charleston-area location in September in northern Mount Pleasant.
Kiawah’s Freshfields Village offered to Columbia agency
The Village Market by Harris Teeter anchors Freshfields Village Shopping Center between Kiawah and Seabrook islands. Columbia-based actual property firm Edens purchased the retail middle south of Charleston on June 15. Edens/Ellis Creek Photography/Provided
Columbia-based retail actual property agency Edens purchased the Harris Teeter-anchored Freshfields Village Shopping Center between Kiawah and Seabrook islands on June 15.
Did a good friend ahead you this e mail? Subscribe right here.
Craving extra? Check out the entire Post and Courier’s newsletters right here.