The Goose Creek community is proud to announce the grand opening of Stones Creek Brewing located at 101 Button Hall Ave, Goose Creek, SC 29445.
This is a refreshing addition to Goose Creek!
Welcome!
Company investing $80 million to build distribution facility
Southern Glazer’s Wine & Spirits of South Carolina (Southern Glazer’s), a leading wine and spirits distribution company, today announced plans to relocate operations to Lexington County. The company is investing $80 million to build a new, state-of-the-art distribution facility.
Southern Glazer’s is a leading distributor of beverage alcohol and a family-owned company, with operations in 44 states as well as the District of Columbia and Canada. In 2022, Southern Glazer’s was listed as one of Forbes’ Best Employers for Diversity.
Relocating operations from Columbia to Saxe Gotha Industrial Park, Southern Glazer’s will build a new distribution facility that will ultimately replace the company’s current operations. The new Lexington County facility will help the company meet growing demand and better serve customers and suppliers in the market for the future.
QUOTES
“This investment will result in a truly world-class facility that is designed to continue to grow with our business over the long-term. In addition to industry-leading distribution capabilities to serve our valued customers and suppliers, the facility will feature updated offices and amenities that make it an even greater place for our employees to work. Kudos to our South Carolina real estate and leadership teams for collaborating with state, county and local stakeholders to make this great project a reality.”
-Southern Glazer’s Wine & Spirits of South Carolina General Manager Steve Baker
“Congratulations to Southern Glazer’s on relocating to a larger facility in South Carolina. We are proud they have found success in South Carolina and are building upon their momentum with a new distribution center.”
-Gov. Henry McMaster
“We are excited Southern Glazer’s chose to invest in Lexington County to accommodate their market growth. Congratulations, and we look forward to Southern Glazer’s continued accomplishments as a valued member of our state’s world-class logistics industry.”
-Secretary of Commerce Harry M. Lightsey III
“Lexington County is honored to announce the addition of Southern Glazer’s Wine & Spirits of South Carolina to our growing portfolio of companies located in the Saxe Gotha Industrial Park. With its new, state-of-the-art distribution center, the company will not only be delivering products to its customers but also opportunities for our skilled workers. We look forward to celebrating Southern Glazer’s Wine & Spirits of South Carolina’s future home as the company expands its presence in our community.”
-Lexington County Council Chairwoman Beth Carrigg
“We congratulate Southern Glazer’s on their plan to build a new distribution center in Lexington County. The company joins an elite group of businesses that have experienced success and growth at the Saxe Gotha Industrial Park.”
-Central SC Alliance Chairman Matthew Shaffer
FIVE FAST FACTS
By Mark A Leon
If you’re looking for a more laid-back, casual atmosphere, Charleston has several great dive bars to check out. Here are some of the best dive bars in Charleston, SC:
By Mark A Leon
Charleston has several amazing rooftop bars that offer stunning views of the city and great drinks. Here are some of the best rooftop bars in Charleston, SC:
By Mark A Leon
Here are ten fabulous reasons to plan a trip to Charleston, SC:
Oskar’s Family Barbershop is now taking bookings online. A big deal for our old school shop!
Please Note that Irving Greenberg & Gina Glover are only available by phone. Cindy Gilfert & Brandon Bailey are available for online bookings & by phone
Hours:
With debt and equity financing complete, the 1.43 million square foot spec industrial project in the Camp Hall Commerce Park is currently underway
Childress Klein, a premier Charlotte based real estate developer, and Altus Equity Group Inc, a diverse real estate sponsor, operator, and investment company, today announced the finalization of securing the debt and equity needed for construction of their industrial project located in the Camp Hall Commerce Park in Ridgeville, South Carolina, believed to be one of the largest historical spec build industrial projects within the Charleston MSA. New York Life Real Estate Investors arranged financing for the construction loan in the amount of $86.5 million.
Camp Hall Commerce Park Campus 8 is the next phase of the larger Camp Hall mixed-use park, which has been ranked by Business Facilities Magazine’s annual rankings as the No. 7 best industrial park in the nation for 2022 – and the only industrial park to make the list in the southeast. Moreover, the project’s strategic access to I-26 provides exceptional connection to the world-class logistics and distribution capabilities of the Charleston market, including the Port of Charleston and Charleston International Airport (CHS).
Project Details: 1,430,330 Total SF
o 971,302 SF (Building 1), 40’ Clear Height
o 275,271 SF (Building 2), 36’ Clear Height
o 183,757 SF (Building 3), 32’ Clear Height
“While construction started in June of last year, we are pleased to announce the closing of our financing for this project,” said Matt Harper, Partner at Childress Klein. “Despite some headwinds in the capital markets, we were able to secure attractive financing through New York Life Real Estate Investors; and look forward to working with them to complete construction in the second half of this year.”
Andrew Eicher, Altus Equity Senior Vice President, added, “We are extremely excited about this project. Charleston is a strong economic center with growing industrial demand from manufacturing, logistics, and the continued growth of the Port of Charleston. There are many complications in a deal of this size, and we appreciate the attentiveness of the local and state governments to the project. In addition to our trusted local industry relationships, Camp Hall and Santee Cooper were instrumental in working through challenges as they arose during the pre-construction phases.”
“We continue to see opportunities in construction lending and look forward towards solidifying and expanding our relationships with top tier sponsors such as Childress Klein and Altus,” said Elizabeth Roy, Senior Director on the New York Life Real Estate Investors’ Structured Debt team.
Construction commenced in June 2022 immediately upon purchase of the land, which was facilitated by the Cushman and Wakefield’s Charleston Office (NYST: CWK). The Charleston office of Jones Lang LaSalle Inc (NYSE: JLL) has been selected as the leasing broker for the project by the combined management team.
To learn more about the project click here www.camphall.com. For leasing information please email lee.allen@jll.com.
About Childress Klein
As one of the largest real estate development, investment and management companies in the Southeast, Childress Klein has developed more than 51 million square feet of commercial real estate and owns assets valued at more than $3 billion. Guided by the highest standards, they recognize that each property and client need is unique. With more than 45 years of dedicated commercial real estate experience, backed by a team of 280 dedicated and experienced professionals, they take a hands-on approach to investment, development, and management by putting clients’ needs and interests first. To learn more, please visit: www.childressklein.com
About Altus Equity Group
Altus Equity Group, a division of AEG Inc., is an agile and trusted private equity real estate company that primarily owns and operates Multi-Family and Industrial properties throughout the Midwest and Southern United States. Altus’s team of professionals’ core strength is unlocking hidden asset value through time-tested innovative deal structuring, disciplined financing, and strict asset optimization processes, all proven to maximize returns for our investor community. Founded in 2003, Altus has over two decades of real estate experience, successfully completing hundreds of transactions in the residential, industrial, and retail property asset classes. To learn more, please visit: www.altusequity.com
About New York Life Real Estate Investors
New York Life Real Estate Investors is a full service, fully integrated real estate enterprise with more than 100 professionals. The division has market-leading capabilities in origination, underwriting, and investment in real estate equity products and related debt, including real estate equity investments, commercial mortgage loans and commercial mortgage-backed securities. With over $69.78 billion in assets under management as of September 30, 2022(1) New York Life Real Estate Investors is actively seeking to acquire additional properties throughout the U.S. New York Life Real Estate Investors is a division of NYL Investors LLC, a wholly owned subsidiary of New York Life Insurance Company. For more information please visit: www.newyorklife.com/realestateinvestors
In an announcement made on Facebook, the owners of The Oriental Cuisine (5623 Rivers Avenue, North Charleston) in North Charleston said:
“To all of our faithful customers It has been a wonderful 53 years and will miss you dearly We will be closing our doors mid April.It’s been wonderful serving the Chas area and beyond”
If you have a chance before mid April, stop by, have a bite and say thank you.
By Mark A Leon
Charleston, a city so historic and grand
Where the past and present now stand hand in hand
With cobblestones streets and colorful homes
It’s a place where the soul always roams
From the Battery down to Rainbow Row
Charleston’s charm continues to glow
With gardens and fountains and history in sight
This city’s beauty makes the heart take flight
Magnolia Plantation and Middleton Place
A glimpse into the past and South’s grace
The music and food, a blend of many
Charleston’s culture is unique and plenty
A city known for hospitality and manners
Where strangers are met with welcome banners
Charleston, a place that stole my heart
Aplace where memories will never depart
So here’s to the city of Charleston, SC
Where the past, present, and future all agree
To a place where love and history entwine
A city that will forever remain sublime.
HISTORIC SALE RECORDED AT 20 SHORT STREET IN HARLESTON VILLAGE
(Photos attached by Nick Cann Photography)
CHARLESTON, S.C. (March 16, 2023)–Robertson Allen, founding partner of The Cassina Group, recently sold 20 Short Street in downtown’s Harleston Village neighborhood. The 2,217 square foot property closed for $3,000,000, with a sold price per square foot of $1,353.18. This represents the highest price per square foot sale recorded so far this year, and the third highest price per square foot sale ever recorded on the Lower Peninsula. Allen was also involved with the sale of 9 Prices Alley in February of 2022, which holds the record for the highest price per square foot home sold downtown. 20 Short Street was listed by Robertson Allen and was on the market just nineteen days prior to closing.
“20 Short Street is truly a one-of-a-kind property,” said Allen when asked about the recent sale. “The home’s location, along with its flawlessly designed interior and expertly landscaped grounds, drew a lot of well-deserved interest from the moment it was listed, and I am delighted to have delivered such swift results for my seller clients.”
There were numerous showings within the first days it was listed, and it quickly went under contract and closed within 19 days. The 3 bedroom, 3.5 bath property features a circa 1880 meticulously restored classic Charleston single home, a new 2-story addition on the back of the home, and a new one-bedroom, one-bathroom carriage house at the rear of the property. Between the main house and carriage house, the palm tree-lined yard feels like an oasis in the heart of the historic city.
The Cassina Group has established a strong presence in the downtown luxury market. With their expert marketing tactics and curated network, the company is able to deliver successful results for their clients, not only on the peninsula but throughout the Lowcountry. The Cassina Group consistently ranks as the number one boutique firm in the Charleston MLS. For more information on The Cassina Group, please visit CassinaGroup.com.
About The Cassina Group
The Cassina Group is a boutique real estate brokerage with offices in Mount Pleasant, SC and Charleston, SC. The firm is managed by Owen Tyler, partner and managing broker, and founding partners Jimmy Dye and Robertson Allen. Recent awards include top honors from Charleston Magazine, Inc. 5000, T3 Sixty, and SC Biz News. For more information, visit www.CassinaGroup.com or call 843-628-0008.
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