The Kimbrell’s-anchored center at 208 Saint James Avenue in Goose Creek was purchased in November and will reportedly be converted to self storage units, similar to the Food Lion that across St. James that was recently converted. An investor, SIG-Goose Creek, paid about $53/SF for the vacant retail box adjacent to Kimbrell’s that once housed a grocery store then a call center for National Car Rental then a call center for the now infamous JK Harris tax representation firm. No article(s).
California-based Impresa Aerospace announced the acquisition of a Goose Creek machining and manufacturing facility Dynamic Solutions and will add 72 jobs over the next five years. That is just another example of another aerospace business making its first East Coast acquisition of a local Charleston company and creating more jobs in an already significant industry, aerospace, following Boeing to the Lowcountry. The “new facility positions us to meet the growing needs of Boeing and other key customers in the region”, according to one of Impresa’s financial partners. Impresa’s other customers include Northrup Grumman, Sikorsky, Lockheed Martin and Gulfstream. David Wren of The Post and Courier has the story here.
The retail behemoth, Wal-Mart, is looking for additional sites for its small(er) footprint Neighborhood Market concept to follow two recently-opened stores, along with two more in the works. The five are:
Opened – Red Bank Road and St. James Avenue, both in Goose Creek
Planning – Dorchester at Bacons Bridge Road in Summerville and Ladson at Miles Jamison Road in Ladson
Permitting – Dorchester Road at Patriot Boulevard, across from Bosch and near a Golds Gym that was formerly a Pigg
In a somewhat related topic, Corner Bakery is looking to expand to CHS and Columbia with five or six new stores and is scouting for sites now as it plans to double its national store count (now at 185) in the next two years.
The retail giant’s grocery concept, Wal-Mart Neighborhood Market, will open its first Lowcountry store in early June, at Red Bank Road in Goose Creek just east of N Rhett Ave. Three other stores are nearing opening – on St. James Avenue in central Goose Creek, Ladson Road in North Charleston, and Dorchester Road in Summerville. Warren Wise has the article for The Post and Courier.
A unit of Textron Inc., TRU Simulation + Training, headquartered in Goose Creek, announced it would build flight simulators for Boeing’s next generation 737 MAX jet. John McDermott of The Post and Courier has the brief story.
Spring Hill Apartments, a 192-unit community in Goose Creek, sold at $3.4M or about $17,700/unit to a Michigan-based investor and property management firm. It contained 13 two-story buildings completed in 1974; rents are from $580-$750/month and it was about 75% occupied. Liz Segrist with the Charleston Regional Business Journal has the announcement.
Textron is a behemoth corporate conglomerate that includes E-Z Go golf carts, Bell Helicopter, and Cessna, Beechcraft and Hawker airplanes. It is looking to grow its aviation business that includes its manufacturer of flight simulators and high-tech training devices made in Goose Creek north of CHS. John McDermott of The Post and Courier has the story.
The 1600 acre Bushy Park Industrial Park in Goose Creek has been acquired by the investment arm of textile giant Milliken & Co. Insiders say it is less of a real estate play and more of a utility play for the group that also invests in energy opportunities. John McDermott of The Post and Courier has the story.