Blog Archives

SnapCap To Take Space at Cigar Factory

SnapCap, a start-up business loan firm, will double its workforce (to 20 persons) and take about 3,200 SF of office space at the newly renovated Cigar Factory on the Peninsula.  Liz Segrist of the Charleston Regional Business Journal has the announcement and the story on the new business.

Boeing SC Exceeds 2014 Delivery Goals

Boeing announced that they have delivered more 787 Dreamliner than planned.  They plan to produce a total of 12 per month by 2016 and 14 per month by 2020, with Boeing South Carolina about one-half of those totals (with their plant in Everett/Seattle).  Liz Segrist of the Charleston Regional Business Journal has the story.

Cigar Factory Lands Six More Tenants

The Cigar Factory has signed leases with six more tenants for 22,000 SF, taking the building to about 35% pre-leased with construction expected to be finished next summer.  Liz Segrist of The Charleston Regional Business Journal has the story and announcements on leasing from a variety of office, professional, and service-related firms.

Palmetto Commerce Parkway Expansion Planned

CHS County plans a third phase of Palmetto Commerce Parkway, from Aviation Avenue to Ashley Phosphate Road, overall about three miles.  Liz Segrist of the Charleston Regional Business Journal has the story

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CHS Warehouse Demand and Rising Rents Will Bring New Construction in 2014

Liz Segrist of The Charleston Regional Business Journal reports on the tightening warehouse market resulting in increasing rental rate pressure, justifying new construction.  Colliers colleagues, Peter Fennelly, SIOR, MCR and Hagood Morrison, SIOR, are quoted saying new development will come by the end of 2014.

CHS Port Volume Up 7% in 2013

Container volume was up a strong 7% at the five area port terminals. The article goes on to report, “Since 2010, the ports authority has captured nearly half of all container volume growth in the South Atlantic market through the addition of new customers and cargo from discretionary markets, inland-favorable freight and growth of bulk transload operations.” Liz Segrist of the Charleston Regional Business Journal has the report.

The Iron Yard, a school for web designers and the like, is finalizing its plans for a new location in Charleston to open in March. Liz Segrist of SCBizNews.com and the Charleston Regional Business Journal has the story.

Boeing Closes on 468 Acres for “Future Expansion” at CHS

Liz Segrist of the Charleston Regional Business Journal reports that Boeing has closed on 468 acres at the CHS airport to accommodate its future growth here.  That includes 270 acres it had previously announced for expansion.