Real Estate
HUD to give South Carolina nearly $45M Print E-mail
Wednesday, 01 October 2008
COLUMBIA -- With a statewide foreclosure rate of 4.1%, South Carolina is slated to receive $44.67 million from the U.S. Department of Housing and Urban Development’s new $3.92 billion Neighborhood Stabilization Program.
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Military contracts drive Charleston market Print E-mail
Wednesday, 27 August 2008
CHARLESTON -- Colliers Keenan’s midyear industrial market report showed lower occupancy rates, higher rental rates and flat land prices in Charleston. Most industrial land near the Port of Charleston has been absorbed, and the military continues to drive the industrial market.
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Columbia’s tallest building changes hands Print E-mail
Wednesday, 06 August 2008

COLUMBIA -- The Capitol Center has a new owner. A Boston real estate investment firm has a contract on the 25-floor building at 1201 Main Street, according to tenants. Parkway Properties, a Jackson, Miss.-based real estate investment trust, is selling the Capitol Center and a property in Florida for $73.5 million.

Read more at The (Columbia) State...

 
Retail vacancies decrease in Greenville-Spartanburg Print E-mail
Friday, 01 August 2008
GREENVILLE -- The market's retail vacancy rate fell slightly in the second quarter despite numerous departures and closing announcements from national retailers. The Retail Market Trends report by Grubb & Ellis/The Furman Co. said the vacancy rate for the Greenville-Spartanburg market dropped from 10.1% in first quarter 2008 to 10% for the second quarter.

Read more at The Greenville News...
 
Homes selling faster for less along Grand Strand Print E-mail
Wednesday, 30 July 2008

MYRTLE BEACH -- Homes sold in the Myrtle Beach area saw the steepest year-over-year price declines in the state during the first half of the year, according to a report recently released by the S.C. Association of Realtors.

Read more at The (Myrtle Beach) Sun News...

 
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