S.C. Real Estate News

• Tax Sales Soar in Lexington, Dip in Richland County

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  - The State About 540 more Lexington County homes will be headed for sale today than last year because owners cannot pay their overdue property taxes, the county official who oversees delinquent...
  
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  Posted: December 07, 2009, 9:39am EST
  by MBD

• Fed Official Stresses “Sound Appraisal Practices” Amidst CRE Woes

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  The proposed revisions to the Interagency Appraisal and Evaluation Guidelines are expected to be finalized in the coming months, according to a Federal Reserve official, who told Congress the...
  
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  Posted: December 03, 2009, 10:08am EST
  by MBD

• 456,304 sf Blue Cross/Blue Shield Building in Columbia, SC Sold

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  Lexington Realty Trust, a real estate investment trust (REIT) focused on single-tenant real estate investments, announced that it sold a 456,304 square foot office facility located in Columbia, South...
  
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  Posted: December 03, 2009, 9:12am EST
  by MBD

• BOOMTOWN - Citing Boeing and Tourism, Economist Sees Strong a Rebound for Charleston, SC

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  - The Post and Courier Boeing and tourists are expected to lift the Charleston economy out of the nationwide recession next year and perhaps skyrocket the Lowcountry into the top 10 growing...
  
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  Posted: December 03, 2009, 8:58am EST
  by MBD

• Columbia, SC: Lourie's Retail Building To Be City Landmark

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  - The State The Lourie's building on Main Street, which has a new owner and a hot new store on the way, is becoming a city landmark as well. The Columbia Design Development Review Commission this...
  
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  Posted: December 03, 2009, 8:50am EST
  by MBD

• Developer of Carolina Park in Mount Pleasant, SC needs $600,000….Soon

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  - The Post and Courier The development pact between Mount Pleasant and the company overseeing the massive Carolina Park project could be jeopardized if $600,000 in payments are not made this...
  
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  Posted: December 02, 2009, 2:42pm EST
  by MBD

• Univ. of South Carolina Releases Economic Forecast for 2010: S.C. Economy Recovering

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  - Midlandsbiz.com South Carolinians can expect job and income growth in 2010, according to a presentation (Wednesday, Dec. 2) by University of South Carolina economists at the Darla Moore School of...
  
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  Posted: December 02, 2009, 2:38pm EST
  by MBD

• Property Tax Bills Questioned In Oconee County, SC

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  - UpstateToday.com In a tight economy, people tend to pay attention to pocketbook issues. Oconee County taxpayers who recently received tax notices with what they think is wrong information that...
  
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  Posted: December 01, 2009, 12:16pm EST
  by MBD

• Is the Planned 1,300 Acre Logistics Park in Santee, SC in Trouble?

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  - The Post and Courier The developer of the 1,300-acre Global Logistics Triangle project near Santee said Monday that it was not authorized to speak to the financial troubles of its heavily indebted...
  
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  Posted: December 01, 2009, 9:55am EST
  by MBD

• Vacancy Rates Mixed At Charleston, SC Area Shopping Malls

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  - Charleston Regional Business Journal That familiar holiday landscape, the shopping mall, might look a bit sparser nationwide this season after more than a year of consumer caution has taken its...
  
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  Posted: November 30, 2009, 3:46pm EST
  by MBD

• Application to Build Spartanburg’s Victor Mill Housing Project Delayed Until Spring

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  - Greenville News Jane Hall, the Spartanburg County councilwoman who kick-started cleanup of the former Victor Mill property that had been rubble-strewn and rat-infested for years, is frustrated...
  
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  Posted: November 30, 2009, 2:41pm EST
  by MBD

• Opportunistic Retailers Taking Advantage of Falling Rents (Video)

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  Posted: November 30, 2009, 2:30pm EST
  by MBD

• Bank Failure Cuts Charleston, SC Redevelopment Funding

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  - The Post and Courier The company redeveloping one of Charleston's most notable buildings is feeling the crunch of the banking crisis. Construction at the Cigar Factory, the historic brick...
  
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  Posted: November 30, 2009, 1:54pm EST
  by MBD

• Pontiac Silverdome Sells for 10 Cents on the 1975 Dollar

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  - CNNmoney.com An unidentified Canadian real estate company was the winning bidder for the Silverdome, snatching it up for a mere fraction of its original value. A Toronto-based family-owned...
  
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  Posted: November 24, 2009, 4:50pm EST
  by MBD

• Gildan Buys 580,000 Sf Distribution Center in Charleston, SC for $20 Million

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  - The Post and Courier A Canadian apparel company has purchased a cavernous vacant warehouse in Berkeley County in a deal that could provide a jolt of new business for the Port of...
  
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  Posted: November 23, 2009, 9:34am EST
  by MBD

• Old Retail Center Site Viewed As Key to Reviving Rock Hill, SC South Side

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  - The Herald Rock Hill officials are nearing a decision on buying the blighted Edison Mall from an owner unable to rescue it from decline. A contract has been drawn up and could go before the City...
  
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  Posted: November 23, 2009, 9:20am EST
  by MBD

• S.C. Home Sales Spike 18.1% Last Month

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  - Greenville News S.C. home sales spiked 18.1 percent last month as a crush of first-time buyers hurried to make purchases before a federal tax credit was about to expire, real estate officials...
  
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  Posted: November 23, 2009, 8:46am EST
  by MBD

• MidlandsTrends.com Report Shows 3Q Sales for Columbia, SC Region

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  MidlandsTrends.com report shows strong Q3 2009 land and single-family sales for Richland and Lexington County. Commercial properties are relatively flat with total transactions in the mid-20’s per...
  
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  Posted: November 18, 2009, 5:49pm EST
  by MBD

• Commercial Property Optimism Said To Be Boosting Banks (Video)

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  Posted: November 18, 2009, 12:36pm EST
  by MBD

• Greenville, SC Home Sales Remained Stable in October

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  - GSA Business Greenville home sales continued a plateau in October that has been evident in real estate data for several months, with monthly sales settling around 600 units per month. According...
  
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  Posted: November 17, 2009, 5:24pm EST
  by MBD

• Plans for 1,427 Acre Development near Kiawah Island Moving through Approval Process

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  - Charleston Regional Business Journal The Beach Co.’s plans for a 1,427-acre resort development just across the river from Kiawah Island on Johns Island are moving through Charleston County’s...
  
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  Posted: November 17, 2009, 5:09pm EST
  by MBD

• FDIC Sells Most Real Estate Since 1994

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  - Bloomberg.com The Federal Deposit Insurance Corp. has already sold the most real estate this year since 1994 as the regulator takes over properties held by failed lenders. The FDIC raised $727...
  
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  Posted: November 17, 2009, 1:58pm EST
  by MBD

• Charleston, SC Federal Building to Be Converted to a Hotel?

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  - The Post and Courier The long-vacant L. Mendel Rivers Federal Building overlooking Marion Square in downtown Charleston could be one step closer to a makeover. Dewberry Capital Corp., run by...
  
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  Posted: November 17, 2009, 9:59am EST
  by MBD

• 1,600 Acre Industrial Tract in Charleston, SC Sold for $10 Million

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  - The Post and Courier A Pennsylvania investment group has purchased the remainder of Berkeley County's oldest large-scale industrial site in a deal that local officials hope will lure more...
  
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  Posted: November 16, 2009, 2:16pm EST
  by MBD

• Zisler: Commercial Property Prices May Fall 20% More (Video)

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  Posted: November 16, 2009, 12:53pm EST
  by MBD

• South Carolina Lawmakers Consider New Property Tax Laws

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  - The Post and Courier South Carolina's property tax revisions of 2006 were set up to benefit homeowners and those who own the same property for many years, but those same changes resulted in big...
  
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  Posted: November 16, 2009, 10:11am EST
  by MBD

• Foreclosures Down More Than 10% Across South Carolina

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  - GSA Business Across South Carolina, foreclosures have decreased by 10.58% in the past month, according to data released by a national real estate tracking firm. RealtyTrac, which issues monthly...
  
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  Posted: November 16, 2009, 9:57am EST
  by MBD

• Two Redevelopment Proposals Submitted For Old Greer Hospital Site

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  - Greenville News Greer has received two proposals — both of them health-care-related — for reuse of the seven-acre former Allen Bennett Memorial Hospital campus on Wade Hampton Boulevard, according...
  
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  Posted: November 16, 2009, 9:48am EST
  by MBD

• Healthcare Trust of America to buy 108,500 sf MOB in Spartanburg, SC for $16.2 million

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  - GSA Business Healthcare Trust of America Inc., a self-managed, non-traded healthcare REIT, said it agreed to buy a 108,500-square-foot medical office building in Spartanburg for $16.2...
  
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  Posted: November 13, 2009, 2:56pm EST
  by MBD

• Richard Lefrak: CRE's Tough Times Are Just Beginning (CNBC Video)

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  Posted: November 13, 2009, 11:50am EST
  by MBD

• Do You Know Someone That Needs SC Real Estate News?

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  Help us expand the subscriber list to SC Real Estate News by clicking on the "E-Mail Envelope" link below this post and send to your colleagues, clients or friends that are in the real estate...
  
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  Posted: November 13, 2009, 10:19am EST
  by MBD

• Residential Real Estate Sales Up 31% from 2008 in Charleston, SC Area

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  - SCbizmag.com Sales figures from the Charleston Trident Association of Realtors show a 31% increase in closings for October when compared with 2008, but month-to-month numbers are less dramatic in...
  
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  Posted: November 13, 2009, 10:16am EST
  by MBD

• Timken to Create 300,000 Square Foot Distribution Center in Duncan, SC

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  - GSA Daily Timken plans to invest $3 million and hire 100 people at a new distribution facility at the Spartan Green Business Park in Duncan. In addition, Timken will transfer to the new facility...
  
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  Posted: November 12, 2009, 3:57pm EST
  by MBD

• Hotel Planned For Long-Vacant Marion Square Landmark in Charleston, SC

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  - Charleston City Paper Atlanta developer John Dewberry is moving ahead with preliminary plans for a 120-room hotel to fill the long-vacant Mendel Rivers Federal Building near Marion Square. Next...
  
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  Posted: November 12, 2009, 10:10am EST
  by MBD

• Charleston, SC: October Hotel Occupancy Fell 4%, Following Last Year’s 11% Decline

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  - Charleston Regional Business Journal Hotel occupancy in Charleston County averaged 67% during October. That was down 4% from last October’s rate, according to a monthly report from the College of...
  
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  Posted: November 11, 2009, 3:02pm EST
  by MBD

• 465,000 Square Foot Home Depot Distribution Facility in Columbia, SC Sold

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  - Columbia Regional Business Report The USAA Real Estate Co. affiliate that owned the new Home Depot distribution facility in Lexington has sold the property to American Realty Capital. New...
  
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  Posted: November 11, 2009, 2:48pm EST
  by MBD

• Charleston, SC Area Home Sales Surge 31%

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  - The Post and Courier Charleston area home sales surged 31 percent to 721 transactions last month as buyers moved to take advantage of a temporary $8,000 federal tax credit that was recently...
  
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  Posted: November 11, 2009, 2:45pm EST
  by MBD

• 2009 College HPCI Ranks Columbia, SC 31st Most Affordable College City

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  Every fall, college football fans feel nostalgic for the tradition, lifestyle and spirit of their college towns as they cheer on their favorite teams. This year’s Coldwell Banker® College Home Price...
  
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  Posted: November 09, 2009, 4:09pm EST
  by MBD

• CRE Prices Were Up 4.4% in the Third Quarter, According to MIT Index

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  - investmentnews.com Believe it or not, the commercial-real-estate market could be close to a bottom. If so, that signals relief to banks and other financial institutions that are struggling with...
  
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  Posted: November 09, 2009, 12:19pm EST
  by MBD

• National Pharmacy Chain to Anchor Development in Downtown Greenville

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  - scbiznews.com This e-mail address is being protected from spam bots, you need JavaScript enabled to view it KDS Commercial Properties plans to build a two-story development at Main and McBee...
  
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  Posted: November 09, 2009, 10:30am EST
  by MBD

• Seneca Group Still Hopeful To Develop More Than 300 Acres on Lake Hartwell

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  - UpstateToday.com A Seneca group is still hopeful of working out a deal with the state to develop more than 300 acres on Lake Hartwell into a tourist attraction. Bob Daffin, a spokesman for...
  
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  Posted: November 09, 2009, 10:19am EST
  by MBD

• New SCANA Campus Likely To Spur Surrounding Development in Cayce

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  - The State Sub Station II owner Chris Kueny sees more SCANA employees coming to his sandwich shop in Cayce this fall since the utility began moving into its new headquarters nearby. The influx led...
  
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  Posted: November 09, 2009, 9:59am EST
  by MBD

• Mast General Store Buys Lourie's Site in Columbia for Future Store

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  - The State Mast General Store officials said Wednesday they will open a location at the historic Lourie's building on Columbia's Main Street - the business district's first major retailer in nearly...
  
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  Posted: November 05, 2009, 3:38pm EST
  by MBD

• Multifamily Execs See Investment Activity Improving

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  - Loopnet Investment-sales activity is picking up in the multifamily sector as financing has become more available, according to senior executives of apartment companies. However, demand from...
  
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  Posted: November 05, 2009, 3:31pm EST
  by MBD

• BMW Is the Model That Led To Boeing, So Let's Start Now In Creating the Next CU-ICAR

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  - Swamp Fox BMW is widely recognized as the greatest industrial recruitment success in South Carolina history. The recent recruitment of Boeing has a potential economic impact to the state bigger...
  
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  Posted: November 04, 2009, 10:45am EST
  by MBD

• Halloween Rentals Brighten Retail Real Estate in Greenville

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  - GSA Business Short-term rentals to Halloween merchandisers helped push retail real estate vacancies down to 11.6% in the third quarter, the second straight quarter in which vacancies fell. In a...
  
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  Posted: November 04, 2009, 8:37am EST
  by MBD

• S.C. State Ports Authority May Put Daniel Island Property Up For Sale

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  - The Post and Courier A large expanse of land on Daniel Island once eyed for a container terminal should emerge on the real estate market soon. A State Ports Authority team soon will review...
  
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  Posted: November 02, 2009, 4:55pm EST
  by MBD

• Bill Boyd to Receive Real Estate Award from South Carolina Chapter of the March Of Dimes

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  - Columbia Regional Business Report The March of Dimes S.C. Chapter announced that William C. “Bill” Boyd will receive the organization’s 2009 Real Estate Award, which highlights the outstanding...
  
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  Posted: November 02, 2009, 3:33pm EST
  by MBD

• Growth Expected For South Carolina’s Forestry Industry, Experts Say

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  - Columbia Regional Business Report The forestry industry is poised for a large expansion as economic conditions improve throughout the state, industry experts said during a conference last...
  
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  Posted: November 02, 2009, 1:55pm EST
  by MBD

• Goldfarb Says Most Real Estate Rents May Have Stabilized: Video

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  Posted: November 02, 2009, 10:42am EST
  by MBD

• The Animated Map Makes Clear That This Recession Has Not Treated All Regions Equally

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  This animated map provides a striking visual of employment trends over the last business cycle using net change in jobs from the U.S. Bureau of Labor Statistics on a rolling 12-month basis. LINK TO...
  
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  Posted: November 02, 2009, 10:24am EST
  by MBD

• Valuation Fraud Shoots Up By 25% in the Third Quarter

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  - Valuation Review Interthinx released its quarterly Mortgage Fraud Risk Report, covering data collected during the third quarter of 2009. The report, which includes an analysis of the state of...
  
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  Posted: November 02, 2009, 10:02am EST
  by MBD

• Friday Recession Humor

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  Posted: October 30, 2009, 10:46am EDT
  by MBD

• Boeing Plant Announcement Bigger Than BMW?

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  Yesterday's announcement that Boeing has chosen its North Charleston facility as the location for a second final assembly site for the 787 Dreamliner program is obviously huge. The company could...
  
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  Posted: October 29, 2009, 10:06am EDT
  by MBD

• National Chains Are Closing Plenty of Stores but Some Signs Point to a Turnaround

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  - Forbes The recession has hit retailers hard. Big box stores such as Circuit City and Linens 'N Things went bankrupt. Small businesses have laid off workers. Among national retailers, store...
  
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  Posted: October 28, 2009, 1:07pm EDT
  by MBD

• Anderson County Builds List of Large Properties to Enhance Economic Development Efforts

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  - Anderson Independent-Mail News A lack of information about available property for industry in Anderson County has cost the county significant economic development opportunities, according to at...
  
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  Posted: October 28, 2009, 12:32pm EDT
  by MBD

• Businessweek Ranking Touts Stable Economy - Columbia Ranked 14th Strongest Metro

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  - The State BusinessWeek has listed Columbia as the 14th strongest metropolitan economy in the country. Columbia ranked between Washington, D.C., and Pittsburgh in a list of 40 dominated by...
  
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  Posted: October 27, 2009, 3:02pm EDT
  by MBD

• Bright Spots in Commercial Real Estate (FoxBusiness Video)

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  Watch the latest business video at FOXBusiness.com
  
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  Posted: October 27, 2009, 1:42pm EDT
  by MBD

• Empty Store Fronts in Downtown Greenville Are Getting Their Fill of New Businesses

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  - Greenville News Greenville Gemstone Mining, owned by Matt and Michelle Banz of Chimney Rock, N.C., opened recently at 205 N. Main St. Not far away, the former K-Wig site is being transformed into...
  
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  Posted: October 27, 2009, 9:55am EDT
  by MBD

• CNBC Video: Bank Closings Hit 100 for the Year

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  Posted: October 26, 2009, 3:33pm EDT
  by MBD

• Jetline Leases 150,000-Square-Foot Warehouse In Gaffney, SC

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  Jetline has leased a 150,000-square-foot warehouse from Forsite Development in Gaffney, SC. Jetline is moving to the new property, located at 202 Hyatt St., from its old base in Mt. Vernon, N.Y. As...
  
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  Posted: October 26, 2009, 3:27pm EDT
  by MBD

• Greenville, SC: Grubb & Ellis Expects Weakness in Industrial Property in Q4

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  - GSA Business Vacancies in the Greenville-Spartanburg industrial real estate market were reduced four-tenths of one percentage point in the third quarter, suggesting the market is starting to...
  
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  Posted: October 26, 2009, 3:17pm EDT
  by MBD

• SCANA to Start Cleanup of Former Bus Barn Property in Columbia

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  - The State SCANA Corp. next month will start cleanup of one of the most prized tracts of developable land in Columbia - the old bus barn lot at Huger and Hampton streets. Over the next four to six...
  
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  Posted: October 26, 2009, 3:01pm EDT
  by MBD

• Greer Development Corp. Pleased With Interest in Old Greer Hospital

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  - Greenville News Parties are expressing interest in buying the former Allen Bennett Memorial Hospital Campus, soon to belong to the city as a gift, but city officials are mum on who. The city’s...
  
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  Posted: October 26, 2009, 2:48pm EDT
  by MBD

• Myrtle Beach Area Home Builders Get Back To Work

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  - The Sun News More building permits for new construction were issued last month as Grand Strand home builders report business is up for the first time in almost two years - but industry leaders...
  
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  Posted: October 23, 2009, 9:52am EDT
  by MBD

• Falling Prices Hit Apartments Hard, Put Pressure on Borrowers

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  - National Real Estate Investor Commercial real estate prices have taken a dive of 32.8% from a year ago, and 40% from two years ago, a new report by Moody’s/REAL Commercial Property Price Indices...
  
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  Posted: October 22, 2009, 8:35am EDT
  by MBD

• Commercial Real Estate Market Threatening Economic Recovery, Says Charleston Real Estate Panel

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  - scbiznews.com Without a patch-up plan, the commercial real estate market could become a sizeable pothole on the road to economic recovery. A substantial amount of commercial notes are coming due...
  
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  Posted: October 21, 2009, 3:24pm EDT
  by MBD

• Former Claussen’s Bakery Building in Greenville Sold

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  - GSA Business A real estate partnership, 400 Augusta Street Investors LLC, today announced that it has completed the acquisition of the former Claussen’s Bakery building located at 400 Augusta St....
  
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  Posted: October 21, 2009, 3:15pm EDT
  by MBD

• Building Permits Up In Upstate SC - Tax Credit Spurs Demand for Less Expensive Homes

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  - Greenville News Upstate building permits are on the rise in the Upstate, but not all local home builders are experiencing the climb. The Market Edge, a Knoxville-based firm that tracks...
  
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  Posted: October 20, 2009, 9:58am EDT
  by MBD

• Reserve Golf Club in Pawleys Island Ponders Bankruptcy

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  - The Sun News The Board of Managers for the private Reserve Golf Club in Pawleys Island is planning to file for bankruptcy protection that it hopes will facilitate the sale of the club to McConnell...
  
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  Posted: October 20, 2009, 9:47am EDT
  by MBD

• Tax Cap May Cost Greenville County Schools $1.8 Million

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  - Greenville News School boards and local governments across the state are gearing up to do battle with Realtors and lawmakers over a move to put a cap on property tax increases that can be levied...
  
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  Posted: October 19, 2009, 1:14pm EDT
  by MBD

• CNBC Video: Construction Comeback Next Year

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  Posted: October 19, 2009, 12:22pm EDT
  by MBD

• What Your Money Can Buy in the Myrtle Beach Area

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  - The Sun News Home prices along the Grand Strand continue to decline as short sales and foreclosures persist, and for some buyers this creates the chance to get a house they thought was out of...
  
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  Posted: October 19, 2009, 10:05am EDT
  by MBD

• FDIC Failed to Limit Commercial Real-Estate Loans, Reports Show

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  - Bloomberg.com The Federal Deposit Insurance Corp. failed to enforce its own guidelines to rein in excessive commercial real estate lending by at least 20 banks that later collapsed, reports by the...
  
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  Posted: October 19, 2009, 9:26am EDT
  by MBD

• New Retail Developments Coming to Gaffney, SC

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  - Spartanburg Herald Journal Tractor Supply will invest $1.2 million to locate in Cherokee Plaza, with several cosmetic changes and renovations also expected in the strip mall at the corner of...
  
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  Posted: October 18, 2009, 9:31pm EDT
  by MBD

• Charleston Hotels Averaged 61% Occupancy in September Down From About 64%

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  - Charleston Regional Business Journal Charleston County hotels averaged 61% occupancy during September. That was down from about 64% occupancy in September 2008 and 73% the year before, according...
  
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  Posted: October 15, 2009, 3:11pm EDT
  by MBD

• Chart of the Day: US Annual Retail Sales Since 1993

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  Posted: October 15, 2009, 10:03am EDT
  by MBD

• 3Q of 2009 Brought Mixed Results for the Office Market in Columbia

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  - Midlandsbiz.com The third quarter of 2009 brought mixed results for the office market in Columbia, South Carolina. After two straight quarters of negative absorption, the market began to stabilize...
  
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  Posted: October 15, 2009, 9:15am EDT
  by MBD

• Recession Had Delayed Project, but Work To Resume On Easley Town Center

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  - Greenville News Easley Town Center developers will hold what they are calling a “construction kickoff” at the former Saco Lowell site today — a signal that work is ramping back up on a project...
  
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  Posted: October 15, 2009, 8:43am EDT
  by MBD

• Harvey Green of Marcus & Millichap Real Estate Investment Services, Discusses Commercial Real Estate (CNBC video)

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  Posted: October 14, 2009, 3:44pm EDT
  by MBD

• Charleston Area Home Sales Up 6%, Median Price Continues Downward Slide

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  - Charleston Regional Business Journal Home sales in the tri-county bounced back in September, increasing 6% from August to 697 sales closed. The numbers are still lower than June and July’s...
  
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  Posted: October 14, 2009, 3:05pm EDT
  by MBD

• Survey: Apartment Investing Poised For Strong Rebound In 2010

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  - Commercial Property Executive The multifamily market has not escaped the ravages of the economic downturn, but investors are bullish on the commercial real estate sector for 2010. According to...
  
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  Posted: October 13, 2009, 3:37pm EDT
  by MBD

• Recovery Not Tripped Up By Commercial Property (CNBC Video)

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  Posted: October 13, 2009, 3:34pm EDT
  by MBD

• Charleston Office Market Continues To Deteriorate In The Third Quarter

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  - Charleston Regional Business Journal The local office market continued take a beating in the third quarter as rental rates dropped and vacancy rates increased, according to Anchor Commercial Real...
  
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  Posted: October 12, 2009, 3:26pm EDT
  by MBD

• Grubb & Ellis's Bob Bach Feels Commercial Real Estate Markets Not as Dark as Painted

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  - realestatechannel.com Bob Bach, always the optimist, doesn't think the country's commercial real estate markets are as dark as painted recently by a horde of government and private analysts. In...
  
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  Posted: October 12, 2009, 2:35pm EDT
  by MBD

• North Irmo Experiencing Explosive Growth

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  - The State John Crosby and John Reynolds think their restaurants in the Irmo area are in perfect places. The eateries are three miles apart on Broad River Road near I-26, an area some developers...
  
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  Posted: October 12, 2009, 2:11pm EDT
  by MBD

• Greenville Home Sales in September Show Stable Trend

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  - GSA Business Home sales in Greenville County slipped slightly in September to 597 units, compared with 607 units in August, according to the latest data from the Greater Greenville Association of...
  
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  Posted: October 12, 2009, 2:05pm EDT
  by MBD

• Expect Construction Prices to Firm in the Near Term

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  - Reed Construction Data Although construction prices are still well below year-ago levels, there are signs that the recent uptrend in housing demand, and in domestic demand generally, is causing...
  
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  Posted: October 09, 2009, 10:41am EDT
  by MBD

• The History of Columbia's Congaree Vista

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  I had the opportunity to attend a breakfast meeting of the Midlands Young Leaders Group of our Urban Land Institute chapter earlier this week. Fred Delk with the Columbia Development Corporation...
  
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  Posted: October 09, 2009, 10:14am EDT
  by MBD

• Downtown Greenville Restaurants Buck National Trend

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  - Greenville News If a city’s vitality can be measured by its food, downtown Greenville’s heart is beating strong, this weekend’s Fall for Greenville festival seems sure to illustrate. Even at a...
  
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  Posted: October 08, 2009, 4:48pm EDT
  by MBD

• Charleston, SC Named 15th Healthiest Housing Market

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  - BuilderOnline.com The recession settled into Charleston this year, as unemployment nearly doubled to 11%. This happened even as the attractive port city continued to add population at a 2% annual...
  
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  Posted: October 08, 2009, 1:50pm EDT
  by MBD

• What Do You Think is Selling in South Carolina (CoStar)

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  I just ran a search for the 20 most recent South Carolina sales in the CoStar database. Ten of the twenty most recent sales (and under contracts) were of vacant land. I thought land acquisitions were...
  
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  Posted: October 07, 2009, 5:32pm EDT
  by MBD

• Researcher: Banks Won't Lend Until They Expect Inflation (CNBC)

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  Posted: October 07, 2009, 1:07pm EDT
  by MBD

• New Businesses Finding Success in Charleston’s Upper Peninsula

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  - wciv.com New businesses are finding success in an un-likely place. Charleston's run-down Upper Peninsula is now the newest place for business and homeowners. The area on the north edge of...
  
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  Posted: October 07, 2009, 11:13am EDT
  by MBD

• Columbia Set to Drop Requirement for Historic Overlay; Hall Institute off The Market

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  - The State The Columbia City Council on Wednesday is expected to abandon a plan for a historic overlay on the central campus of the State Hospital - a move that could clear the way for a sale of...
  
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  Posted: October 06, 2009, 9:26am EDT
  by MBD

• Food Lion Parent Company Makes Offer to Buy Bi-Lo

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  - Greenville News Bi-Lo said today it has signed a non-binding letter intent with the Delhaize Group for the operator of the Food Lion chain to acquire “a substantial majority” of Mauldin-based...
  
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  Posted: October 06, 2009, 9:06am EDT
  by MBD

• Construction Industry Stabilized, But No Recovery in Sight

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  - Columbia Regional Business Report For the second quarter of 2009, the Carolinas AGC Construction Barometer dropped slightly, by 1.1%. It’s likely the region has bottomed out in the economic...
  
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  Posted: October 06, 2009, 8:58am EDT
  by MBD

• Greenville, SC Real Estate Panel Sees Bottom of Recession

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  - GSA Business A panel of economics and real estate professionals said Thursday that the recession appears to be near or at its bottom, and they expect 2010 to be slightly better than this...
  
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  Posted: October 02, 2009, 11:42am EDT
  by MBD

• Development of Former Green Diamond Tract Won't Proceed

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  - The State The latest development plan for the controversial tract of land once known as Green Diamond is dead, according to a consultant who worked on the project. Columbia Ventures, which owns...
  
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  Posted: October 02, 2009, 10:22am EDT
  by MBD

• Food Lion Revamps 31 S.C. Stores

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  - Columbia Regional Business Report Food Lion has completed the renovation of 31 of its stores in Columbia and Florence. Stores have been remodeled, and additional product choices have been added...
  
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  Posted: October 02, 2009, 9:41am EDT
  by MBD