BEST ADVICE Angela Craig, executive director, Charleston County Public Library
PAGE 4 VOLUME 26 NUMBER 13 ■ CHARLESTONBUSINESS.COM
Ready for liftoff
Joint Base Charleston supports flight to space station with C-17 rescue crews on alert. Page 7
Part of the
network
WHAT’S NEXT?
JUNE 15 - 28, 2020 ■ $2.25
Landlords, tenants told to be ‘human’ in renegotiations By Andy Owens
E
ven with the state slowly reopening, the coronavirus pandemic has rendered certain commercial space less valuable for many small businesses — but that doesn’t mean you don’t have to pay your rent, according to a Mount Pleasant attorney. Alex Juncu, an attorney who specializes in contract law, including landlord and tenant issues, said landlords and tenants can save a lot of time when renegotiating a lease by knowing what’s in the lease and by remembering the “human component” in each transaction. “Exercise patience, but also be ready to make some concessions,” he said. “When you do collaborate, you’ll make a lot more progress than when you’re in an adversarial position.” He said landlords and tenants must
New chief exec
Kion North America names new CEO for the company’s U.S. headquarters. Page 17
Industrial partner Kontane Logistics opens warehouse facility in Berkeley County to serve Volvo. Page 14
See LEASING, Page 12
Nonprofit donations increase despite COVID-19 pressures
Incubating life sciences
Charleston Digital Corridor opens incubator in WestEdge. Page 12
By Alexandria Ng
INSIDE
Upfront................................. 2 SC Biz News Briefs................. 3 Best Advice........................... 4 Vantage Point...................10-11 In Focus: Architecture, Engineering and Construction................ 19 List: Homebuilders..............32 At Work...............................35 Stephen Slifer..................... 36 Viewpoint........................... 38
aowens@scbiznews.com
Many storefronts were damaged on King Street during the protests in late May. (Photo/Shawnda Poynter)
After a night of smashed windows, a car fire, looted inventory and questions about how public officials handled protests and curfews, Charleston-area companies try to restore order to their businesses once again.
Page 6
T
ang@scbiznews.com
he COVID-19 pandemic has taken its toll on the economy, bringing national unemployment numbers to 13.3% in May and shutting down some businesses permanently. But donors across the country are rallying around nonprofits at a time when some say they are most needed. Tim Winkler is CEO of the Winkler Group, See NONPROFITS, Page 5
CHARLESTON UNDER CONSTRUCTION Who is building what in the Charleston area? Projects, companies, prices, projected timelines, photos and stories. Page 19