Charleston Regional Business Journal - July 11, 2022

PEOPLE Principal receives national honor

PAGE 22 VOLUME 28 NUMBER 12 ■ CHARLESTONBUSINESS.COM

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Artist in residence Boutique hotel to display work of Augusta native.

Page 4

Fresh injection

IV therpay center opens in Mount Pleasant.

Page 9

NEW DEVELOPMENT Constructon on City House Charleston, a new mixed-use project, will begin this summer, (Rendering/Provided)

Construction on mixed-use project in downtown Charleston starting soon

By Ross Norton

Workplace stars

SC Biz News names 2022 Best Places to Work.

Page 6

Historic sale

Sullivan’s Island property sells for $2.8 million.

Page 14

INSIDE

Upfront................................. 2 SC Biz News Briefs................. 3 In Focus: Commercial Real Estate ......11 List: Commercial Real Estate Firms.................................. 18 Bonus List: Commercial Moving and Storage Companies......................... 20 At Work............................... 21 Viewpoint............................23

C

rnorton@scbiznews.com

onstruction on City House Charleston, a mixed-use multi-parcel complex in downtown Charleston, is set to begin this summer.

It is a project of Landmark Partners, which is working with Bello Garris Architects, SGA-NW Architecture and Rethink Studio Interior Design.

The project in the French Quarter neighborhood will include 21 luxury residences, each with an outdoor terrace.

“We are thrilled to bring a new concept of a sophisticated, personalized residential experience that will blend seamlessly with Charleston’s gracious architecture and the celebrated charm of the surrounding French Quarter,” Jon Pannoni, partner, Landmark Partners, said in a news release. “At a time when the availability of luxury residential options in historic Charleston is limited, we look forward to providing future residents the opportunity to define their own personal living experience with highly amenitized and architecturally superior accommodations.”

Landmark Partners’ $50 million investment will stretch from Church to State Streets and along the historic Cumberland

corridor.

The two- and three-bedroom residences, ranging between 1,500 and 3,000 square feet, will include a common wellness center, activated shared workspaces, and 69 covered parking spaces, in addition to full-time staff and concierge services, according to the release. The development will also include a fourth-level, exclusive 3,000-square-foot Parker Lounge Clubhouse and pool deck.

The clubhouse will be complemented with an outdoor kitchen and entertainment area.

“City House Charleston is a project that infuses the historic location opportunity with luxurious amenities and services not found in other established projects nearby,” Charles Sullivan, partner in Carriage Properties, said in the release.

“With the comfort of all-new construction, concierge services, spacious terraces, covered parking and a rooftop pool, this rare project will surely set a new standard for gracious and sophisticated living, enhanced further by superb amenities. The walkable French Quarter location is just icing on this cake.”

Carriage Properties is managing inquiries and sale of residences. City House Charleston will be available for occupancy in early 2024, the release said.

CRBJ

Speculation frenzy

Demand for industrial space fueling statewide industrial spec market.

Page 11

JULY 11-24, 2022 ■ $2.25

Manufacturing organizations enter official partnership

By Ross Norton

T

rnorton@scbiznews.com

wo organizations dedicated to supporting and growing the manufacturing industry and assisting manufacturing companies in the state have entered a formal partnership.

The S.C. Manufacturers Alliance and the S.C. Manufacturing Extension Partnership have formalized their relationship after many years on working together on projects. A goal of the partnership is to collaborate formally on efforts to elevate industry and manufacturing statewide, according to a news release.

SCMA has worked to ensure manufacturers have the right legislative climate and network to encourage growth and prosperity for the facilities operating in the state.

SCMEP has a long history of providing a wide range of consulting and training services that helps small- to medium-sized manufacturers increase their competitiveness, the news release said.

A primary aim of the partnership will focus on increased promotion of the services the two organizations provide, ensuring more companies are able to access their support and, in the process, further strengthening the state’s overall manufacturing environment.

“The S.C. Manufacturers Alliance and our colleagues at the S.C. Manufacturing Extension Partnership have always worked toward the same goal — creating the most supportive manufacturing environment possible,” SCMA President and CEO Sara Hazzard said in the release. “By creating and committing to a more formal partnership, we will be better equipped to learn from each other, build on each other’s work and provide a comprehensive resource for manufacturing companies in See SCMA, Page 9

Upfront

A

BRIEFS | FACTS | STATEWIDE NEWS | BEST ADVICE

SmartAsset study to identify the places across the United State receiving the most incoming investments also turned up some interesting information about GDP growth in South Carolina. Charleston County is ranked at the top of the state for GDP with $990 million in growth in 2021. The top five are spread throughout the state in a way that few will find surprising. Greenville County was No. 2 last year, Horry County was third and Richland and Lexington counties were fourth and fifth. That growth was adjusted for inflation.

Charleston was 102nd nationally and Greenville 109th. The top-ranked county in Georgia was Atlanta’s Fulton County at No. 14, and North Carolina’s leading county was Mecklenburg, home of Charlotte, ranked No. 21 nationally.

SmartAsset culled its data from the U.S. Census Bureau 2019, American Community Survey, U.S. Bureau Economic Analysis, U.S. Census Bureau Building Permits Survey and USAspending.gov.

Rank Country, State

Business Growth

GDP Growth ($ in millions)

New Building Permits (per 1,000 homes)

GDP Growth Index

1

Charleston, SC

8.1%

$990

22.7

26.60

2

Greenville, SC

7.4%

$953

29.0

26.39

3

Horry, SC

8.6%

$644

26.3

24.66

4

Richland, SC

2.2%

$627

10.3

24.56

5

Lexington, SC

5.9%

$465

19.3

23.66

6

Spartanburg, SC

7.0%

$458

22.2

23.62

7

Beaufort, SC

6.6%

$378

23.1

23.17

8

York, SC

10.2%

$371

23.8

23.13

9

Anderson, SC

3.1%

$262

17.8

22.52

10

Berkeley, SC

14.3%

$234

35.3

22.37

South Carolina

2.4%

$166

12.6

Source: Apartment List

ON THE

RECORD

“Free-standing industrial buildings under 50,000 square feet are the most underserved product class in the Columbia market.”

— Chuck Salley, managing director of industrial services, Colliers South Carolina

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SC Biz News Briefs Target your market in an upcoming issue of the Charleston Regional Business Journal The Pier could be one of the U.S.’s largest off-campus housing complexes, developers say. (Photo/Provided)

ANDERSON

JULY 25

GSA Business Report

New plan to triple potential residents at The Pier

C

hicago-based Core Spaces is teaming up with Clemson developer Tom Winkopp Development on a venture to create what they say will be one of the country’s largest off-campus student housing development projects, according to a news release.

The development on Lake Hartwell is on the site of an old J.P. Stevens textile plant, which had become WestPoint Stevens. The company announced closures and layoffs at multiple sites in 2005, including 1,345 job losses from the Clemson plant, which is actually across the lake in Oconee County. The plant closed and was demolished eventually, with the first phase of off-campus student housing known as The Pier going up several years ago.

As it exists now, The Pier stretches deep into the 140-acre village site, which now includes 1,400 beds of student housing, recreation facilities, a small restaurant and bar and an enclave of tiny houses.

The final development will bring the bed total to 4,000, the news release said. It will include walking trails and a lakefront beach.

“At Core, our mission is to connect with our residents and create spaces where they can live how they want and do what they love,” Daniel Goldberg, president of Core Spaces, said in the release. “This project is among the most ambitious in our history, and we are pleased to partner with Tom Winkopp and his highly respected local development team to bring to Clemson University and its surrounding community a world-class college town environment. Clemson … has experienced significant population growth due to its high quality of living, affordability, picturesque downtown, and favorable year-round climate as well as Clemson University’s strong enrollment rates.”

Future construction will be more than continuing the line of houses and townhouses that stretch along the streets, now, the release said. The plan will reimagine the entire student village. Core will work to create single-family neighborhoods and clusters of homes that have their own community feel. One of the key elements of the neighborhood will be the nine-bedroom homes that the company says will be among the most unique off-campus student housing units in the country.

The student village is one piece of a larger master-planned, mixed-use project on the entire 325-acre site to be developed by Tom Winkopp Development and partners during the next three to five years, the release said. Winkopp and partners have owned the land since 2007.

“This is one of the most spectacular pieces of property located near a college campus we’ve ever seen,” Joe Gatto, managing director of acquisitions at Core Spaces, said in the release. “We’re very excited to transform the space into a one-of-a-kind student village that residents will love. After we deliver 900 new beds in 2024, it will become one of the largest privately owned student housing projects in the country.”

“Core Spaces is nationally recognized as the best-in-class design-centric developer of purpose-built student housing, and they showed why immediately,” Winkopp said in the release.

BANKING & FINANCE

List: Accounting Firms Bonus List: Credit Unions Advertising Deadline: July 11 AUGUST 8

ARCHITECTURE, ENGINEERING AND CONSTRUCTION (AEC) List: Architecture Firms Special Section: Icons & Phenoms Advertising Deadline: July 25 AUGUST 22

MEDICAL & HEALTH CARE List: Retirement Communities Advertising Deadline: August 8 SEPTEMBER 5

GROWTH REPORT: MADE IN SC (STATEWIDE) List: Largest Manufacturers Special Section: Forty Under 40 Advertising Deadline: August 22

CRBJ

With publications in Charleston, Columbia and the Upstate, as well as a statewide magazine, SC Biz News covers the pulse of business across South Carolina.

Above are excerpts from our other publications.

VOLUME 25 NUMBER 11 ■ GSABUSINESS.COM VOLUME 15 NUMBER 9 ■ COLUMBIABUSINESSREPORT.COM

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JUNE 27-JULY 10, 2022 ■ $2.25

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JUNE 20-JULY 17, 2022 ■ $2.25

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Say cheese

Pimento cheese lovers have 17 reasons to celebrate.

Page 6

Going green to save green

SCBIZNEWS.COM JULY/AUGUST 2022

Utility finds financial benefit to supporting conservation Page 8

GOING VERTICAL Growing footprint

REI Co-op plans to open its 3rd S.C. location this fall.

Page 10

PPE production

Nitrile glove plant establishing Greenville base.

Page 11

Bohemian art

HOME BASE

Greenville’s next hotel prepares to receive decor Page 10

Busy skies, busy airports

The Center for Architectural Design, located at 1530 Main St. in downtown Columbia, will serve as a statewide education, outreach and advocacy center. (Photo/Provided)

Podcast pioneers

Medium highlights women in nontraditional roles.

Page 27

INSIDE

Upfront ................................ 4 SC Biz News Briefs ................ 5 In Focus: Architecture, Engineering and Construction .......................................... 21 List: Homebuilders .............28 At Work ..............................29 Viewpoint ........................... 31

Center consolidates advocacy, education for SC architecture

By Melinda Waldrop

P

mwaldrop@scbiznews.com

reserving South Carolina’s architectural heritage is one mission of the South Carolina Architectural Foundation and the state chapter of the American Institute of Architects, and a new showplace designed to highlight that ongoing work couldn’t have a more appropriate home.

The Center for Architectural Design, housed at 1530 Main St. in downtown Columbia, is the product of a years-long vision to increase visibility of the architectural profession in the state. Before the S.C. AIA chapter purchased the building, currently undergoing renovations with an eye toward a late fall

opening, there was no real center for architectural outreach and education to take place.

Since the early 1980s, the organization had operated out of “The Cottage,” a small structure on Bull Street nestled among law firms.

Inspired by larger AIA chapters with a more centralized, noticeable presence around the country, including one in Raleigh, AIA S.C. decided to change that.

“We made the commitment in 2014 that we were going to look for something more prominent, both from an advocacy/lobbying standpoint with the Statehouse but also from the standpoint of where the public could see architecture in South Carolina,” said Ben Ward, project manager at McMillan Pazdan Smith and 2022 president of AIA S.C.

In 2015, AIA S.C. purchased the former Eckerd Drug Store building, where a significant moment in the state’s history took place in 1960. Allen University student Simon Bouie and Benedict College student Talmadge Neal were arrested, jailed and convicted for refusing to leave the Eckerd lunch counter, where they were denied service because they are Black.

Those events became the basis for a landmark 1964 civil rights case which, coupled with another lunch-counter case at the nearby Taylor Street Pharmacy, led to the U.S. Supreme Court overturning the students’ convictions, saying their right to due process under the 14th Amendment had been violated. Days See ARCHITECTURE, Page 25

Monumental opening

International African American Museum to open in January 2023 Page 17

ColumbiaBusinessReport.com

After the COVID slowdown, travel returns Page 14

Recyclable bags

Manufacturer invests in plant to make products from recycled plastic Page 5

INSIDE Leading Off .......................... 4 SC Biz News Briefs ................ 5 Slifer’s insight ..................... 21 In Focus: Aerospace & Manufacturing ................... 13 List: Largest employers ...... 17 At Work .............................. 19 Viewpoint ...........................23

Hydroponics changing crop production

GROWING TREND

More work for Lockheed Martin

Farm taking hemp to next level

Even before the first Greenville-made F-16 is completed, another nation places an order for the Fighting Falcon See story, Page 13.

Southern First rolls out new HQ to customers, community

By Ross Norton

T

rnorton@scbiznews.com

he first Southern First Bank building — a triple-wide trailer off Haywood Road — would fit in the corridors of their latest.

Employees moved into the new building on Verdae Boulevard at the intersection of Laurens Road about a month ago and officially opened the five-story structure on June 22. The building pulls off the rare feat of outperforming artist

renderings, towering over the low-slung architecture of most of its neighbors and hinting about taking a complementary place in visions of the Verdae future.

The 107,000 square foot building on seven acres houses the bank’s flagship retail banking office, featuring collaboration areas and modern meeting spaces, modern technology, modern interactive teller machines and a board room suitable for a movie set, a modern one.

For Southern First CEO Art Seaver, the opportunity — or really, the imperative — to

build something new gave the bank a chance to show the world what it’s about. More important, to demonstrate to the community what it’s about and that it’s here to stay.

“So in 2020 we found ourselves operating right next door,” Seaver said, gesturing toward his old offices on Verdae, the bank’s last headquarters. “We found ourselves headed into a COVID environment, we found ourselves running out of space and our lease was expiring, so

In Focus

Teaching Aviation Career Skills

Program aims to expose kids to career skills Page 15

GSABusiness.com

Check out the 10 best upscale neighborhoods in Greenville

See COMMUNITY, Page 7.

A supplement to Charleston Regional Business Journal, Columbia Regional Business Report and GSA Business Report

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Augusta native Stephanie Forbes’ Divine Armor collection will be on display in Emeline’s Artist in Residency program. (Photo/Provided)

Charleston hotel launches artist residency program

By Molly Hulsey

Account Executives Ryan Downing, senior account executive rdowning@scbiznews.com • 864.720.1221 Amanda Alford, multimedia account executive aalford@bridgetowermedia.com • 864.720.1223 Tony Rossi, multimedia account executive trossi@scbiznews.com • 864.720.1974 Jim Wheeler, multimedia account executive jwheeler@scbiznews.com • 843.849.3104 Events Kim McManus, events manager kmcmanus@scbiznews.com • 843.849.3116 Lauren Medders,

E

mhulsey@scbiznews.com

meline, a boutique hotel in Charleston’s historic district, will debut its Artist in Residency program on July 29 with Savannah-based artist Stephanie Forbes and her Divine Armor Collection.

Featuring a range of work using textiles, artifacts and hand-collected oysters from the Lowcountry, Forbes’ collection will kick off with an opening reception from 5 p.m. to 8 p.m. on July 29 at Emeline and remain on display at the hotel through Aug. 30. The public is invited peruse this collection beginning on July 30.

“The Artist in Residency Program is intended to offer a curation of artists inspired by the worldly travels of our

muse, Emeline, and will allow for a visual expression of what we think she would have added to her own personal collection,” Carly Skinner, general manager of Emeline, said in a news release. “Stephanie Forbes’ Divine Armor collection is the perfect representation of Emeline’s inspirations and her connection to Charleston’s history and surrounding landscapes.

We could not be more excited to showcase her work to our guests.”

The Divine Armor collection is inspired by armor from the 3rd and 4th century worn by Roman soldiers.

The collection will feature 10 “helmets of salvation” displayed on gallery pedestals and three armor busts made with papier-mâché, all of which were constructed using more than 100 oyster shells collected from marshes throughout Georgia and South Carolina.

Five oyster paintings and a collection of jewelry will be part of the installation.

All oysters used were selected and composed to honor the Roman uniform and provide an analogy of the spiritual battle gear during imprisonment by the Roman army, according to the release.

A native of Augusta, Forbes originally managed gallery operations and hosted monthly showcases at Gaartdensity Art Gallery in Augusta and purchased it in 2011.

After selling the gallery, she moved on to gain experience in photography, graphic design and freelance work, and eventually attended the Savannah College of Art and Design on a full tuition scholarship, graduating magna cum laude in 2019.

She currently resides in Savannah.

Reach Molly Hulsey at 864-720-1223.

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July 11-24, 2022

Business A business with so much bandwidth it transfers enormous files for fun.

AT&T Business Fiber now with Hyper-Gig speeds. Fast internet with the security and reliability you need to make large file transfers a breeze.

Learn more at att.com/businessfast or call 1.844.740.FAST

Limited availability in select areas. Reliability based on network availability.

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July 11-24, 2022

SC Biz News names Best Places to Work for 2022

By Melinda Waldrop

S

mwaldropscbiznews.com

C Biz News has named 120 companies ranging from contractors to credit unions to its 2022 list of Best Places to Work in South Carolina.

Participating companies are surveyed using an employer questionnaire and an employee survey by independent research company Best Companies Group.

Rankings will be revealed during an Aug. 18 event at the Columbia Metropolitan Convention Center.

Honorees are: Small employers (15-49 employees): • • • • • • • • • • • • • • • • • •

Air Compressor Services Arnold Companies The Brand Leader Clayton Construction Co. Inc. CNT Foundations LLC Cognito Forms Crawford Strategy LLC Custom Recycling LLC DP3 Architects FUEL Green Energy Biofuel HudsonMann Inc. Landmark Builders of South Carolina LLC Marabu North America Marsh Bell Construction Co. Mavin Construction New Life Chemical & Equipment Palmetto Technology Group

• • • • • • • • • • •

Parrish & Partners LLC Quality Business Solutions Inc. SIOS Technology Corp.

South Carolina Research Authority South Carolina Student Loan Corp.

RingoFire Swampfox THS Constructors Inc. Total Beverage Solution Young Office Worthwhile

• • • • • • • • • • • • • • • • • • • • • • •

AMBAC Bauknight Pietras & Stormer P.A. The Brandon Agency Bunnell Lammons Engineering CarolinaPower Inc. Carolina Trust Federal Credit Union Central Electric Power Cooperative Inc. CF Evans Construction Colliers International South Carolina Inc. Connectivity Point Design & Installation CPM Federal Credit Union CUI ERS Inc. Find Great People First Reliance Bank Floyd Lee Locums Frampton Construction Greenville Federal Credit Union Hudson Management Group Infinity Marketing Greenville Federal Credit Union JEAR Logistics J.M. Cope Construction

Medium employers (50-249 employees):

• KeyMark • Kopis • Langston Construction Co. of Piedmont, LLC • Limric Plumbing Heating & Air • Mankiewicz Coatings • McCrory Construction • Mount Pleasant Waterworks • NCEES • New South Construction Supply LLC • Palmetto Electric Cooperative Inc. • Palmetto Rural Telephone Cooperative • PhishLabs by HelpSystems • Premier Nationwide Lending • Recruiting Soutions • Rhythmlink International LLC • Sargent Metal • Softdocs • Spero Financial • SpinSys • TPM Inc. • Trehel Corp.

• York Electric Cooperative Inc. • Wasserman

Large employers (250-plus employees): • • • • • • • • • •

Advanced Technology International AMAROK Atlas Technologies Inc. Berkeley Electric Cooperative Brasfield & Gorrie Burns & McDonnell Cameron Ashley Building Products Charleston Water System Colonial Life DPR Construction

• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •

Edward Jones Hall Booth Smith Henry J. Lee Distributors Hire Dynamics INDUS Technology Inc. Infrastructure Consulting & Engineering Ingevity Ingram Micro JE Dunn Construction Koops Inc. Lexington Medical Center Life Cycle Engineering Marsh McLennan Agency - Greenville McAngus Goudelock & Courie NaturChem Inc. dba Opterra Solutions NHE Palmetto Citizens Federal Credit Union Privilege Underwriters, Inc. Pulte Group Samet Corp.

ScanSource Select Health of South Carolina Sentar Sonepar Management Group South Carolina Federal Credit Unio Southern Diversified Distributors SouthState The Spinx Co. TD Synnex Terminix Service Inc. Thomas & Hutton T-Mobile USA Inc

• Total Quality Logistics • Travel Nurse Across America • Weston & Sampson Engineers Inc.

Presented by: SC Biz News

AUGUST 18, 2022 | 6 pm - 9 pm Columbia Metropolitan Convention Center Join the Party!

Executives from more than 100 companies will gather to celebrate being named one of the Best Places to Work in South Carolina, and no event this year will provide better networking opportunities! Join all the fun at this celebratory event featuring cocktails, dinner and an introduction of this year’s winners.

bit.ly/22bestplacessctix #BestPlacesSC

For sponsorship information, contact Rick Jenkins at 864.720.1224 or rjenkins@scbiznews.com.

July 11-24, 2022

www.charlestonbusiness.com 7

Charleston Parks and Recreation names new executive director

By Jason Thomas

C

jthomas@scbiznews.com

harleston Parks and Recreation has a new leader..

The Charleston County Parks and Recreation Commission has appointed Associate Executive Director Kevin Bowie as the new executive director, according to a news release from the organization.

Bowie will replace the retiring David Bennett, who will serve as an adviser, special project manager and the executive director of the Charleston County Parks Foundation over the next 24 months to ensure a smooth transition, the release stated.

Bennett has had a long employment history with CCPRC since starting with the agency more than 35 years ago, according to the release. A Charleston native, Bennett graduated from Mars Hill College.

Throughout his career, Bennett has been involved in a variety of professional and community organizations, serving on the following boards, according to the release: the National Recreation and Park Association, the South Carolina Recreation and Park Association, the Cooper River Bridge Run, James Island Charter High School, the Charleston Area Children’s Garden Project, the Charleston Heritage Education Forum, the Charleston County Greenbelt Project’s Urban Grants Review Committee, Family Corps, the Bishop Gadsden Trustees and the Wallingford Presbyterian Church Trustees.

Bowie was also born and raised in Charleston, according to the release. He began his career with CCPRC in 1986 at Palmetto Islands County Park, where he worked part time for five years.

In 1991, Bowie was selected as the assistant park manager at Palmetto Islands County Park and was promoted to James Island County Park manager in 1994. In 1998, Bowie became assistant director of operations.

He then became director of operations in 2008, superintendent of administrative services in 2010, superintendent of general services in 2014, and associate executive director in 2016.

Bowie has a bachelor’s degree in business administration from the College of Charleston.

“I am honored to be the next executive director of the Charleston County Parks sand Recreation Commission,” Bowie said. “As I reflect on my 36 years with this agency, it is incredible to see how CCPRC has grown and expanded into the diverse organization we are today.

“At the heart of our work is the CCPRC staff, who bring a five-star level of commitment and service to everything they do.”

“I am honored to be the next executive director of the Charleston County Parks and Recreation Commission. As I reflect on my 36 years with this agency, it is incredible to see how CCPRC has grown and expanded into the diverse organization we are today.”.

Kevin Bowie Executive director, Charleston County Parks and Recreation Commission

Reach Jason Thomas at 864-568-7570.

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July 11-24, 2022

Charleston-area defendants sentenced in scheme

C

Staff Report

harles “Chuck” Willys Mincey Jr., 65, of Flora, Miss., Karl Henry Zerbst Jr., 62, of Mount Pleasant, and Brian Daniel Herndon, 46, of Summerville, were sentenced in federal court after pleading guilty for their roles in kickback and bribery schemes involving federal housing grant programs in the Charleston area, according to a news release from the U.S. Justice Department.

Evidence presented to the court showed that from December of 2014 until at least March of 2019, Mincey and Zerbst participated in a scheme to unlawfully profit from their work on Affordable Housing Program grants disbursed by the Federal Home Loan Bank of Atlanta to low-income households of U.S. military veterans and spouses of veterans for house rehabilitation, the news release said.

In 2014, Mincey approached Zerbst to be an intermediary for grants for which Mincey and his company, Palmettos at Folly, was the designated contractor. As an intermediary, it was Zerbst’s role to locate prospective program participants, hire and manage the contractors conducting the rehabilitative work, and hire and manage third-party inspectors to inspect the work and assess it for cost reasonableness, the release said.

As part of their arrangement, Mincey and Zerbst agreed to split the profits they made from the grants 50/50. That agreement was in violation of the rules of the grant program, which prohibit an intermediary from receiving more than 12% of the grant funds, and also prohibited any conflict of interests or appearance of a conflict of interest with any other party to the grant application.

During the relevant time period, the Federal Home Loan Bank of Atlanta sent the grant funds to community member banks, who then disbursed the funds to Zerbst’s company, KHZ. According to the Justice Department, Zerbst retained his intermediary fees and then wrote checks for construction costs to Mincey’s company, Palmetto’s at Folly. Mincey then funneled grant money back to Zerbst by writing checks from Palmetto’s at Folly to Charleston Strategic Consultants LLC, a company controlled by Zerbst.

In total, Mincey funneled at least $246,689.99 in unlawful kickbacks to Zerbst, the release said.

The Justice Department said evidence showed that Mincey also participated in a bribery scheme with city of Charleston employee Brian Herndon in order to win construction bids for housing projects funded by the U.S. Department of Housing and Urban Development. As a project manager for housing rehabilitation at the Charleston Department of Housing and Community Development, Herndon had access to non-public information regarding cost estimates generated for each project grant, which he shared with Mincey in exchange for cash payments between $200 and $500, the release said.

In total, Herndon was accused of accepting at least $15,000 in bribe money.

Senior U.S. District Court Judge Margaret B. Seymour sentenced all three individuals. Mincey was sentenced to eight months in federal prison, followed by a three-year term of court-ordered supervision, and ordered to pay $91,990 in restitution. Zerbst was sentenced to five years of probation, and paid $246,689.99 in restitution prior to his sentencing.

Herndon was sentenced to six months in prison, followed by a year of court-or-

dered supervision. Seymour also granted a money judgment against Herndon in the amount of $15,000, equal to the amount of bribe money that Herndon received from Mincey from 2014 to 2020.

There is no parole in the federal system.

4 plead guilty to PPP loan fraud

Four people pleaded guilty on Tuesday to obtaining nearly $5 million in fraudulent loans through the federal Paycheck Protection Program, according to a news release from the U.S. Attorney’s Office for the District of South Carolina.

They are Lori Hammond, 53, of Summerville; Catherine “Cassie” Needham, 36, of Manning; Jontrell Wright, 35, of Holly Hill; and Christopher Conrad, 39, of Holly Hill.

According to the release, the four fraudulently obtained $4,721,638.50 in PPP loan funds.

The Payment Protection Program is one of the programs put in place in 2020 by the federal government to help businesses who were struggling because of the COVID-19 pandemic.

Evidence showed that from in or around June 2020 through around January 2021, Hammond caused multiple materially fraudulent PPP loan applications to be submitted to federally insured financial institutions on behalf of herself and her co-conspirators. She used the identity of a deceased individual in the applications, misrepresented the number of employees and payroll expenses of the entities seeking the loans, attached fraudulent tax documents and made numerous other false and misleading statements, according to the news release.

As part of the conspiracy, the release said Hammond assisted Needham, Con-

rad and Wright by filling out the loan application documents with materially false and fraudulent information and then submitting them to an individual in California, who would in turn submit the fraudulent loan applications to financial institutions in exchange for a fee. Based on the false information on the applications, the approved PPP lenders funded the loans.

After the funds were deposited into the respective accounts, Hammond, Wright, Needham and Conrad used the funds for non-qualifying, non-business purposes, including the purchase of homes, property, cars and other personal purchases.

The defendants all face a maximum penalty of 20 years in federal prison, plus fines of up to $250,000, restitution, and three years of supervision to follow the prison term. U.S. District Judge David C Norton accepted their guilty pleas and will sentence the defendants after receiving and reviewing a sentencing report from the United States Probation Office.

The Federal Bureau of Investigation (FBI) investigated the case. Assistant U.S. Attorney Emily Limehouse is prosecuting the case.

The Attorney General established the COVID-19 Fraud Enforcement Task Force in May 2021 to marshal the resources of the Department of Justice along with agencies across government to enhance efforts to combat and prevent pandemic-related fraud.

Report allegations of attempted fraud involving COVID-19 by calling the Department of Justice’s National Center for Disaster Fraud (NCDF) Hotline at 866-720-5721 or via the NCDF Web Complaint Form at https://www.justice. gov/disaster-fraud/ncdf-disaster-complaint-form.

CRBJ

FieldBin closes $1.2M in pre-seed round of funding

By Ross Norton

F

rnorton@scbiznews.com

ieldBin, a field service management solution provider, has closed $1.2 million in a pre-seed round of funding led by venture capital firm 7833 Capital Partners.

FieldBin is designed to help HVAC, plumbing, electrical, landscaping and other trade companies manage every aspect of their business — from work order scheduling to payment processing — in one platform, according to a news release. 7833 Capital Partners is an early-stage investment fund launched by Ryan Corey and Ralph Sita, co-founders of Cybrary, a cybersecurity training platform.

“FieldBin will be the easiest-to-use FSM application for hard-working, field service business owners who want to

win more jobs and make more money by streamlining back-office operations and reducing paperwork,” Garrett Wilson,

accelerate FieldBin product development and build out our sales and marketing teams.”

“FieldBin will be the easiest-to-use FSM application for hardworking, field service business owners who want to win more jobs and make more money by streamlining back-office operations and reducing paperwork.”

Garrett Wilson Co-founder, FieldBin

processing, service portal and customer management with a simple interface, intuitive navigation and easy drag-anddrop functionality, the release said.

In addition to HVAC, plumbing, electrical and landscaping, FieldBin also works for painting, cleaning, roofing, fencing and handyman ser-vice businesses.

The first 100 companies or business owners interested in FieldBin that sign up for the waiting list by July 10 will receive a six-month free trial of the platform at launch.

Companies can join the wait list on the company website.

7833 Capital Partners is a private, early-stage investment firm focused on technology startups.

CRBJ

FieldBin co-founder, said in the news release. “This initial funding round from 7833 Capital Partners will be used to

FieldBin features include work order scheduling, invoicing, inventory management, estimating and quotes, payments

Reach Ross Norton at 864-720-1222 or at rnorton@scbiznews.com

July 11-24, 2022

www.charlestonbusiness.com 9

IV therapy center opens in Mount Pleasant

By Ross Norton

T

The therapies support the body’s cellular regeneration more effectively than oral supplementation, whether a person is recovering from a short-term illness or living with a chronic disease, through nutrient-dense IV drips that promote healing at the cellular level, the release said.

“We help people optimize their health by giving them their vitamins through an IV or an IM shot,” Andrew Stocker said.

By opening The DripBar, the Stockers hope to make the benefits of IV therapy more accessible to those who need it, the release said.

In the future, the owners plan to launch a mobile service that will bring their therapies to busy professionals and those who are homebound, according to the release.

rnorton@scbiznews.com

he owners of a new business that offers intravenous therapy officially opened for business in Mount Pleasant last month.

Owners Andrew and Malia Stocker were joined by City Councilman John Iacofano, Mount Pleasant Chamber of Commerce membership committee chair Tammy Becker and fellow chamber members for a ribbon-cutting ceremony for The DripBar at 1952 Long Grove Drive, Suite 2.

The DripBar offers intravenous therapy, which delivers nutrients directly to the body. These “drips” are administered by registered nurses practicing standards set by The DripBar executive team and research and development council, according to a news release.

SCMA, from Page 1

our state.”

SCMEP is headquartered in Greenville and SCMA is based in Columbia, though each delivers services across the state.

“Our two organizations share a common vision, and our combined approach will help ensure manufacturers have

A registered nurse prepares a DropBar customer for infusion. (Photo/Provided)

Reach Ross Norton at 864-720-1222.

the tools and environment they need to thrive,” SCMEP President and CEO Andy Carr said in the release. “This is an important development for our industry, and I’m excited to start working more closely with the passionate team at SCMA on behalf of manufacturers in South Carolina.”

SCMA’s mission is to strengthen and

SCMEP is a private, nonprofit group that serves as a resource to manufacturing companies, providing them with a range of strategies and solutions. An affiliate of the National Institute of Standards and Technology, SCMEP operates under the U.S. Department of Commerce to promote innovation and industrial competitiveness.

advance S.C. manufacturing by advocating for members, fostering a world-class workforce and bringing together manufacturers to connect, share and solve industry challenges.

The SCMA membership is comprised of more than 200 manufacturing companies that represent 100,000-plus associates in South Carolina.

CRBJ

Make data driven decisions.

The story of the Charleston business market continues to be a story best told in numbers. Market Facts provides the context for the data and statistics critical to commerce in our region.

COVID-19 reshaped our economy, and now, more than ever, business leaders require the latest data, facts and trends to navigate the pandemic and capitalize on the continuing recovery.

Advertise in Market Facts and position your company as a valuable resource as we continue to navigate the new normal.

PUBLICATION DATE: AUGUST 22, 2022 | ADVERTISING DEADLINE: JULY 15, 2022 For advertising information, contact Rick Jenkins at 843-720-1224 or rjenkins@scbiznews.com

10

www.charlestonbusiness.com

July 11-24, 2022

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This must-attend event showcases the Lowcountry’s most dynamic businesses on an exciting, interactive show floor.

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In Focus

COMMERCIAL REAL ESTATE LISTS: Commercial Real Estate Firms, Page 18 | Commercial Moving & Storage Companies, Page 20

Groundbreaking for the largest expandable speculative building ever constructed in central S.C. took place June 21 at the Sandy Run Industrial Park. (Photo/Christina Lee Knauss)

Demand for industrial space driving speculative growth

By Christina Lee Knauss

O

cknauss@scbiznews.com

ne of the hottest real estate markets in South Carolina involves buildings that do not even have specific occupants yet.

Known as speculative buildings, they are built to provide ready-to-occupy space for companies looking for a place to set up new operations or expand existing ones. In the Midlands and around South Carolina in general, the need for speculative space for manufacturing as well as warehousing and distribution is booming.

There are multiple reasons behind the boom, most of them fueled by the pandemic. COVID-19 accelerated already increasing demand for next-day shipping and air, while supply chain disruptions increased time and costs for construction, leading more companies to seek out pre-constructed buildings.

The region’s current appetite for industrial buildings, speculative ones in particular, is confronting developers, design firms and construction companies with unprecedented demand. One example is SeamonWhiteside, a full-ser-

vice land design firm headquartered in Mount Pleasant with offices in Summerville, Greenville, Spartanburg and Charlotte.

“In previous years, SeamonWhiteside was developing 100,000 square feet per year in industrial projects, and now we are projecting almost 30 million square feet in 2022,” said William O’Neal, the company’s vice president. “This is not only a change for SeamonWhiteside but a change for South Carolina as a whole.

We have never seen this volume of industrial projects in our state.”

O’Neal noted the boom in speculative industrial demand in South Carolina is not only following national trends, but also can be attributed to the rapid expansion of the Charleston port, the large number of people moving to the area, and the increased number of suppliers moving to the state to serve large industries such as BMW in the Upstate, Boeing and Volvo in Charleston, and Mark Anthony Brewing in the Midlands.

A recent report from Colliers South Carolina shows that demand for industrial space overall, speculative real estate included, continued to be unparalleled in the first quarter of 2022 despite an

increase in rental rates. According to the report, 21.5 million square feet of industrial buildings is under construction in the state, with another 25 million square feet in proposed developments. A total of 9.8 million square feet is slated to deliver in 2022, with most of that pre-leased.

Meeting the demand

To help meet the rising demand in the Midlands, several large speculative industrial projects are already under construction or have been announced recently.

Groundbreaking for the largest expandable speculative building ever constructed in central South Carolina took place June 21 at the Sandy Run Industrial Park. The 497,952-squarefoot-building, located at the intersection of Interstate 26 and U.S. Highway 21, is a project of Columbia-based Red Rock Developments, the exclusive developer of build-to-suit and speculative buildings within the industrial park. The structure, located in the Calhoun County section of the industrial park, is expandable to 663,836 square feet with a capability for cross-dock distribution and a clearance of 36 feet.

On June 29, local developers Saxe Gotha Spec LLC announced plans for a 43,750-square-foot speculative industrial building on Old Wire Road in Saxe Gotha Industrial Park in West Columbia, which is already home to Amazon, Nephron Pharmaceuticals and other tenants.

The Class A building, scheduled for completion in the first quarter of 2023, will feature 28-foot ceiling heights, 43 car parking spaces, five dock-high doors and one drive-in door, an ESFR (early suppression, fast response) fire suppression system and LED lighting throughout.

Colliers South Carolina is handling the leasing for both buildings, and company officials say they couldn’t come at a better time because the Midlands has a need for speculative space of all sizes.

“Free-standing industrial buildings under 50,000 square feet are the most underserved product class in the Columbia market,” said Chuck Salley, managing director of industrial services in Colliers’ Columbia office.

Expanded availability of large and expandable speculative property like the See INDUSTRIAL , Page 16

12

IN FOCUS: COMMERCIAL REAL ESTATE

www.charlestonbusiness.com

July 11-24, 2022

Still-strong retail market has undergone changes throughout SC

By Christina Lee Knauss

R

cknauss@scbiznews.com

ising inflation might be battering both the wallets and the attitudes of many consumers, but so far the upward surge in prices for food, gas and everything else has not put a damper on the retail real estate market in South Carolina, according to data from Colliers South Carolina.

Colliers’ recent report on the state’s retail market during the first quarter of this year indicates retail space continues to be in high demand around the state, fueled largely by an ongoing population increase in many regions. To put it simply, more people moving in means a higher demand for goods and services, which is translating into a higher need for everything from grocery stores to restaurants.

The Colliers report drew on data from the South Carolina Department of Revenue and South Carolina Department of Commerce to study retail trends.

According to the report, new housing permits rose 27% from February to March across the state, indicating a continued influx of new residents. In addition, South Carolina’s retail sales increased by 29% in February compared to February of 2019, and 28% above February 2021.

The overall retail vacancy rate, meanwhile, decreased from 5.64% to 3.25% year-over-year, and is expected to continue to decline as vacant space is absorbed to accommodate pent-up demand for retail properties.

One of the hottest areas for new retail in Columbia is Forest Acres, where available retail space is at a premium. Other growing areas include Harbison, the Clemson Road and Killian Road corridors in northeast Richland, and the areas around U.S. Highway 378 and S.C. 6 in Lexington.

“We’re seeing an overall strong demand for retail brick and mortar space across

The pandemic has helped create a large variety of online specialty service retailers. (Illustration/File)

the board, whether it’s necessity retail like grocery stores or dollar-type stores that sell things people have to have, food and beverage, or specialty service retail,” said Rox Pollard, Colliers’ vice president of retail services in South Carolina.

Pollard said the sheer variety of specialty service retailers coming online around the state is “amazing” and likely fueled by a rising demand for new and different services as people continue to get back to more normal lives after two years of the pandemic.

“Recently the services we’ve done include not only things like hair and nail salons, but specialized things like cryotherapy,” Pollard said. “We’re seeing a lot of specialty fitness services like Pilates and cycling.”

Food and beverage services, especially those that specialize in one particular product, are among the hottest new tenants of retail space around the state, including in the Midlands. Vacancy for restaurant and food service retail in

Columbia has steadily decreased during the past year from 5.66% to 3.17%.

Pollard said specialty bakeries such as Nothing Bundt Cakes and Crumbl Cookies are examples of the kind of food businesses doing well with customers seeking more of a niche food experience.

Nothing Bundt Cakes currently has two locations in Columbia, one in Forest Acres and another near the Village at Sandhills. Crumbl Cookies currently has a site in Lexington and will soon be opening another in Forest Acres in the new Cardinal Crossing complex.

Although restaurants have been struggling with staffing shortages and supply chain issues, that hasn’t put a damper on restaurant retail development either, reports show.

When it comes to restaurants, small and fast are the words to live by right now, both statewide and in the Columbia area. According to Colliers, more efficient restaurants in smaller spaces are leading the pack when it comes to new restaurant

retail development in the capital city, with quick service and fast casual concepts growing in popularity among consumers.

New offerings in Columbia embrace a wide variety of cuisines and cooking styles, but all focus on speed and efficiency. The Colliers report indicates this trend is coming from a greater focus on drive-through service and lingering lower demand for indoor dining.

During the first quarter, several restaurants under 5,000 square feet completed new deals in Columbia, including El Charro, Don Camaron, Griffin Chophouse, Jay’s Bar and Grill and Mai Poke.

“Smaller footprints are driving new restaurants because a lot more people are interested in using drive-throughs or click-and-collect services where you go in and take your order off a shelf,” Pollard said. “There’s a rapid shift where some restaurants are using double and even triple drive-throughs, so that enables the buildings to be smaller because not as many people are using the dining rooms.”

Smaller also is a watchword with other types of retailers, with fewer national chain grocers, discount retailers and other stores going for the “Big Box” experience that was all the rage during the ‘90s and 2000s, Pollard said. He used the example of Best Buy, which has recently decreased the footprint of many of its stores from a Big Box to the 25,000-square-foot range.

While retail stores and restaurants might be a little smaller in the future, what isn’t likely to change is an increase in people using them, Pollard said. Shopping and grabbing a bite to eat on the go is one way of battling the isolation so many people have experienced in recent years.

“Many people had been predicting the end of retailing as we know it prior to and during the pandemic, but many of the overlooked the important socialization aspect that comes just through shopping or going to a restaurant to pick up a meal,” Pollard said.

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IN FOCUS: COMMERCIAL REAL ESTATE

July 11-24, 2022

Blair Belk, CCIM

J. Edward Buxton, CCIM

Belk/Lucy 843-709-9292 blair.belk@belklucy.com

Palmetto Commercial Properties, LLC 843-577-2550 eddie.buxton@pcpsc.com

Gary Catterton, CCIM Catterton General, LLC 843-766-1600 cacatterton@ccim.net

Lindsey Halter, CCIM Carolina Retail Experts 854-900-3390 lindsey@cre.expert

Michael G. McFall, CCIM Maybank Properties 843-740-9202 mmcfall@maybankproperties.com

Shea Robbins, CCIM Carolina One Real Estate 843-217-0530 srobbins@carolinaone.com

Chris Cunniffe, CCIM

Engel & Völkers Charleston 843-697-4014 chris.cunniffe@evrealestate.com

Pete Harper, CCIM

Charles S. Carmody, CCIM

www.charlestonbusiness.com 13

Brent Case, CCIM

CBRE, Inc. 843-577-1155 charles.carmody@cbre.com

Coldwell Banker Commercial Atlantic 843-270-4192 bcase@cbcatlantic.com

Trad Dyches, CCIM

Chris Fraser, CCIM

Palmetto Commercial Properties, LLC 843-364-4288 Trad.dyches@pcpsc.com

Ashley Jackrel, CCIM

Lee & Associates Charleston 843-696-5533 pharper@lee-associates.com

Avison Young 843-327-0124 ashley.jackrel@avisonyoung.com

John Orr, CCIM

Jack Owens, CCIM

Avison Young 843-452-9425 chris.fraser@avisonyoung.com

Simons R. Johnson, CCIM

Bridge Commercial 843-557-4047 simons.johnson@bridge-commercial.com

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Avison Young 864-426-5937 kisha.lyles@avisonyoung.com

Robert Pratt, CCIM

Carolina Retail Experts 854-900-3390 john@cre.expert

NAI Charleston 843-696-7653 jowens@naicharleston.com

Palmetto Commercial Properties 843-259-8724 jenna.philipp@pcpsc.com

Pratt and Co Inc. / ReMax Pro Realty 843-576-5365 robert@robertpratt.com

Mike Rose, CCIM

Will Sherrod, CCIM

Elyse Welch, CCIM

Cameron Yost, CCIM

Coldwell Banker Commercial Atlantic 843-270-4192 mrose@cbcatlantic.com

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CALL YOUR LOCAL CCIM.

14

IN FOCUS: COMMERCIAL REAL ESTATE

www.charlestonbusiness.com

July 11-24, 2022

Sullivan’s Island property sells for $2.8 million

By Ross Norton

T

rnorton@scbiznews.com

he Cassina Group founding partner Jimmy Dye participated in the sale of 1714 Middle St., a historic property between the lighthouse and Fort Moultrie on Sullivan’s Island. The property sold for $2,785,000.

Dye, broker-in-charge, was the only agent involved in the transaction.

Located in the heart of Sullivan’s Island, this historic property was built in 1902 and served as the recreation hall and post exchange for Fort Moultrie, one of the oldest still-standing forts along the Eastern Seaboard.

“This property is one of the most unique and historic properties on the island,” Dye said in a news release. “It was a pleasure to work with the sellers and buyers on this transaction.”

Other recent transactions

• Jeremy Willits of Avison Young South Carolina Inc. represented the landlord, 5900 Core Avenue LLC, in the lease of 1,440 square feet of office space at 5900 Core Ave., Suite 204, North Charleston, to Peter Wittwer North America, Inc. • Todd Garrett and Tradd Varner of Avison Young represented the seller, Edward C. Cox III, in the

Peter Wittwer North America Inc. leased office space at 5900 Core Avenue LLC. (Photo/Provided)

sale of 31.06 acres of land space at 0 Nexton Parkway in Summerville to Orange Capital Advisors LLC for $3,715,000.

• Trey Lucy and Blair Belk of Belk Lucy represented the landlord in the lease of 1,255 square feet of retail space at 3530 Park Avenue Boulevard, Suite 103, in Mount Pleasant to Premier Martial Arts.

Mike McKoy of Morrow Hill represented the tenant.

• Kristen Krause of Coldwell Banker

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Commercial Atlantic represented the buyer, Wendy Mauro Design, in the sale of 1,200 square feet of office space at 100 Line St. in Charleston for $575,000.

• Bob Caldwell and J.R. Caldwell of Caldwell Commercial Real Estate Services represented the buyer, Grammy’s Attic LLC, in the sale of 3,623 square feet of warehouse space at 1184 Clements Ferry Road, Suite G, Charleston, to LLC Enterprises LLC.

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• Taylor Sekanovich and Vitré Stephens of Avison Young-South Carolina represented the tenant, Drama Kids Charleston, in the lease of 1,250 square feet square of retail space at 2052 River Road in Johns Island from Kebo Atlanta LLC. • Blair Belk and Trey Lucy of Belk Lucy represented the landlord in the lease of 2,500 square feet of retail space at 3032 W. Montague Ave., Unit 201, in North Charleston to Nostalgic Enterprises LLC. Jaysana Rodger of Trident Commercial represented the tenant.

• Caine Halter and Neal Walsh of Coldwell Banker Commercial Atlantic represented the seller in the sale of land at 1370 Black Camps Road in Cross.

• Kristie Roe of Colliers represented WLA Enterprises Inc. in the purchase of a 20,000-square-foot office complex on Shem Creek at 410 Mill St. in Mount Pleasant for $6,825,000.

• Markus Kastenholz of Colliers represented ES10 LLC and JFM Properties LLC in the purchase of a 10,900-square-foot office building at 1520 Old Trolley Road in Summerville for $2.5 million.

Get in touch +1 843 725 7200 avisonyoung.com

July 11-24, 2022

IN FOCUS: COMMERCIAL REAL ESTATE

www.charlestonbusiness.com 15

Industrial construction company races to meet demand

By Ross Norton

D

rnorton@scbiznews.com

emand for next-day delivery, exacerbated by pandemic-related efforts to onshore, is driving a huge growth in the industrial construction business for on land design working throughout the Carolinas.

SeamonWhiteside is relatively new to the industrial sector, the company said, so that accounts for some of the growth: there was simply room to grow.

Still, the company expect to design or build, or both, close to 30 million square feet of industrial buildings this year alone.

In recent years, the company would build about 100,000 square feet of industrial space.

“Five years ago, SeamonWhiteside began chasing opportunities to expand its industrial sector and anticipated the growing need for relocating warehousing and manufacturing back to the United States as the demand for next-day delivery became today’s standard,” SeamonWhiteside said in a news release.

“This need grew exponentially during the COVID-19 pandemic when people relied on next-day delivery as a means of life.”

The rapid growth is not limited to the company, according to William O’Neal, professional engineer and vice president of SeamonWhiteside.

“This is not only a change for SeamonWhiteside but a change for South Carolina as a whole,” O’Neal said in a

news release. “We have never seen this volume of industrial projects in our state.

It is through the innovative nature of this company and our desire to expand and diversify business sectors that we were privy to this trend. This allowed us to anticipate and prepare for these industrial projects before they even came to fruition and be invested in this sector by the time the demand for it rose.”

Industrial projects differ from other designs and require a different skill set, relying heavily on civil engineering and less on landscape architecture, O’Neal said in the release.

They also need larger capital investments and staffing. Since most industrial projects are in rural areas, there is less government involvement and shorter

approval times, so the team begins the execution of plans almost immediately after conception.

Headquartered in Mount Pleasant, SeamonWhiteside also has offices in Summerville, Greenville, Spartanburg and Charlotte.

The firm’s services include master planning, civil engineering, landscape architecture, urban design, land development management services and permit coordination.

To date, the majority of industrial projects come from their Mount Pleasant and Greenville offices, including Coastal Crossroads, Ladson Industrial Park, Port 95 Business Park, Camp Hall Campus 4 and Palmetto Logistics, the release said.

CRBJ

Trio of industry veterans forms new real estate partnership

By Ross Norton

A

rnorton@scbiznews.com

trio of real estate veterans has formed a new Charleston firm.

Three Real Estate includes a partnership with Side, a real estate technology company that partners with agents, teams and independent brokerages to help make them into market-leading

boutique brands.

Nate Gainey, Christopher Smith and Jason Wang founded Three Real Estate with 40 years of combined sales experience and hundreds of millions of dollars in total transaction volume according to a news release.

“Combining forces is the best option to get us where we want to be in the shortest amount of time,” Smith said in the release.

“We’re excited to level up together.”

The Three Real Estate team views real estate as an opportunity to amplify the quality of their clients’ lives while positioning them to grow their wealth, the release said.

Three Real Estate will specialize in buyers, sellers, investors and commercial ventures.

“Three Real Estate is the entire package,” Gainey said. “As partners, we’ll do incredible things to elevate our industry.”

Side works behind the scenes, supporting Three Real Estate with a unique brokerage platform that includes proprietary technology, transaction management, branding and marketing services, public relations, legal support, lead generation, vendor management and infrastructure solutions.

Additionally, Three Real Estate will join a group of Side partners, tapping into a national network.

CRBJ

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16

IN FOCUS: COMMERCIAL REAL ESTATE

www.charlestonbusiness.com

INDUSTRIAL, from Page 11

Sandy Run site is important because many companies seeking larger spaces have had to pass up the Midlands in recent years simply because there were not enough sites of that size available, according to Thomas Beard, vice president of industrial services for Colliers South Carolina.

“Our market has been passed over by a lot of users that want to be in the Columbia market but end up having to look elsewhere, usually the next closest market, that has larger buildings either under construction or proposed,” Beard said.

“Those larger sites are really the bread and butter of this market right now. There is a huge demand for that size product right now.”

However, Richland County’s days of being passed over by companies looking to relocate to South Carolina might be in the past, Beard said, because of several factors. Available space in the Greenville and Charleston areas is becoming harder to find, and a move to by Richland County to become more developer-friendly through fee-in-lieu tax agreements and revenue credits has piqued developers’ interest.

“We’re getting more interest and more calls on a daily basis from national and regional groups that are realizing that the Columbia market is worth looking at,” Beard said.

Other large speculative projects in Richland County include Magnus Development Partners’ planned 200,000-square-foot speculative building

A 497,952-square-foot expandable speculative building planned for the Sandy Run Industrial Park in Calhoun County will be the largest ever constructed in central South Carolina. (Rendering/Provided)

on county-owned property at Blythewood’s Northpoint Industrial Park. And in May, St. Louis-based Summit Real Estate Group announced plans to invest $28.6 million toward development of a 350,000-square-foot speculative building in Richland County’s Pineview Industrial Park, to be located on 34 acres at the intersection of Bluff and Longwood roads.

Charlotte-based commercial real estate firm Collett has also purchased about 19 acres of land from the county for construction of a 210,000-square foot speculative site.

Casual observers might think all this will lead to an awful lot of empty build-

ings, but to borrow a quote from the wellknown baseball movie Field of Dreams, the idea behind speculative real estate is “If you build it, they will come.”

Developers say the tenants start calling shortly after projects are announced. At least two tenants had already expressed interest in the new Sandy Run building even before the groundbreaking ceremony took place, said William C. Smith, Jr., CEO of Red Rock Developments.

The increasing demand for speculative industrial real estate and industrial buildings in general has caused some companies like SeamonWhiteside to completely retool their business model, according to

July 11-24, 2022

O’Neal.

“It’s a complete 180 in our business model because before COVID-19 we focused a lot on retail, hotels and hospitality and offices, and we’re not seeing as many of those at the same pace as we did pre-2020,” O’Neal said. “Smaller retail particularly was a really hot sector then, but it has slowed down, while warehousing, distribution and manufacturing has taken off.”

SeamonWhiteside started looking to expand its industrial sector about five years ago, predicting a need for more manufacturing and warehousing space in the U.S, as the demand for next-day shipping and delivery became a standard.

He said the company’s predictions paid off with the change in business and consumer needs that came with COVID19, as well as the increasing trend for “right-shoring,” with more U.S. companies bringing operations back here from overseas and as a result causing a boom in the need for industrial and warehouse space.

Beard from Colliers said the market for speculative industrial real estate is not likely to slow down any time soon.

“Speed to market is everything these days,” he said. “You rarely ever have a manufacturer come into a market and say they have time for a building to be constructed.

“Everybody needs readily available space to fulfill the requirements they have, and they’re really only willing to consider buildings that are proposed or already under construction.”

CRBJ

Sponsored by:

Join us in celebrating established leaders and rising stars shaping our state through their business success and community involvement.

Thursday, July 21, 2022

11:30 am - 1:00 pm | DoubleTree by Hilton Columbia

Register at: bit.ly/22sciptix #IconsPhenomsSC

For sponsorship information, contact Rick Jenkins at 864.720.1224 or rjenkins@scbiznews.com.

IN FOCUS: COMMERCIAL REAL ESTATE

July 11-24, 2022

www.charlestonbusiness.com 17

Training facility now open in Mount Pleasant

By Ross Norton

D

rnorton@scbiznews.com

1 Training has opened a facility at 1220 Ben Sawyer Blvd. in Mount Pleasant, its first in the Lowcountry.

The company has more than 60 group fitness centers in operation and more than 120 additional locations in development, according to a news release.

The facility’s sports science-backed training regimen, led by certified trainers, aims to help clients achieve their sport and fitness goals.

D1 Mt. Pleasant offers four age-based programs: rookie (ages 7-11), developmental (ages 12-14), prep (ages 15-18) and D1 adult. Each program utilizes the five athletic-based tenets: dynamic warmup, performance, strength program, core

Members will find elements of professional athlete training at D1 training. (Photo/Provided)

and conditioning, and cool down. In addition, D1 Training offers one-on-one training, the release said.

Founded in 2001 by former NFL player Will Bartholomew, D1 Training began franchising in 2017 and now has facilities in 26 states. The brand was recently ranked in Entrepreneur Magazine’s Franchise 500, was named a Top 30 Gym in America by Men’s Health magazine, and appeared on The Inc. 5000, which ranks the fastest growing private companies in the nation. D1 Training has been endorsed by the NFL Players Association as an approved training facility and is a preferred partner of the National Academy of Sports Medicine, the release said.

Mount Pleasant franchisees are Kristen and Joe Virgilio. She formerly worked in business development and marketing.

He was a medical industry executive.

CRBJ

Dunkin’ unveils new look in North Charleston

By Ross Norton

D

rnorton@scbiznews.com

unkin’s new restaurant at 7818 Rivers Avenue in North Charleston features the brand’s

next-generation design, which highlights a modern atmosphere, energy efficiency and new technologies.

The new Dunkin’ has an open design, with colors and materials chosen to create a positive and energetic environment, according to a news release. As a Dunkin’

Projects at The Citadel

Donuts DD Green Achievement restaurant, it is designed to save 25% more energy than a standard Dunkin’ restaurant.

Also of note is a tap system that serves eight cold beverages, including coffees, iced teas, cold-brew coffee and nitro-infused cold-brew coffee, and a dedicated

mobile pick-up area to speed service for DD Perks Rewards members who order ahead via Dunkin’s mobile app.

The restaurant will be open from 5 a.m. to 8 p.m. on weekdays and 6 a.m. to 8 p.m. on weekends, with the dining room closing at 7 p.m. every day.

CRBJ

THE SITE EXPERTS

SURVEYING | WETLAND PERMITTING | LAND PLANNING CIVIL ENGINEERING | LANDSCAPE ARCHITECTURE PT Barracks Thompson Hall The Cadet Store Duckett Hall Labs Grimsley Hall Jenkins Hall Deas Hall Bond Hall Stevens Barracks Byrd Hall The Citadel Beach House Wilson Housing LeTellier Hall

654 St. Andrews Blvd | Charleston, SC 29407 | 843.225.0406 www.jmusselmanconstruction.com OFFICES | MEDICAL | RETAIL | HISTORICAL

29A Leinbach Drive | Charleston, SC 29407 (843) 763-1166 | www.hlainc.com

18

IN FOCUS: COMMERCIAL REAL ESTATE

www.charlestonbusiness.com

July 11-24, 2022

Commercial Real Estate Firms Ranked by No. of Sale/Lease Transactions in 2021 Company

Phone / Website / Email

Broker(s) in Charge / Year Founded

Transactions: No. / Value

Comm. Brokers / Current Listings / Lowcountry Offices

Avison Young - South Carolina Inc. 1315 Ashley River Road Charleston, SC 29407

843-725-7200 www.avisonyoung.com chris.fraser@avisonyoung.com

Charlene Massey, Christopher B. Fraser 1978

363 $156,057,000

15 125 1

Flex; health care; income-producing; industrial; multifamily; office; restaurant; retail; warehouse

Lee & Associates Charleston 960 Morrison Drive, Suite 400 Charleston, SC 29403

843-747-1200 www.lee-charleston.com leecharlestonhelp@lee-associates.com

M. Wade Allen 1999

298 $205,561,768

18 100 1

Flex; health care; income-producing; industrial; land; multifamily; office; restaurant; retail; warehouse

CBRE Inc. 200 Meeting St., Suite 202 Charleston, SC 29401

843-577-0702 www.cbre.us/charlestonsc cindy.new@cbre.com

Stephen B. Smith 1992

250 $375,500,000

12 90 1

Flex; income-producing; industrial; office; retail; warehouse

Bridge Commercial 25 Calhoun St., Suite 220 Charleston, SC 29401

843-535-8600 www.bridge-commercial.com info@bridge-commercial.com

Peter S. Fennelly 2017

167 $322,393,875

18 75 1

Agricultural; flex; health care; hotel, motel; incomeproducing; industrial; land; multifamily; office; restaurant; retail; sports, entertainment; warehouse

NAI Charleston LLC 141 Williman St. Charleston, SC 29403

843-720-4944 www.naicharleston.com info@naicharleston.com

Thomas M. Boulware 2017

159 $235,854,267

11 80 1

Flex; health care; income-producing; industrial; office; retail

Beach Commercial 320 Broad St., Suite 600 Charleston, SC 29401

843-722-2615 www.beachcommercialre.com jdickerson@thebeachcompany.com

Kristine Schmitz, Jenny Dickerson 1945

154 $48,856,781

5 38 2

Flex; income-producing; industrial; land; multifamily; office; restaurant; retail

JLL - Jones Lang LaSalle 701 E. Bay St., Suite 308 Charleston, SC 29403

843-805-5111 www.jll.com/charleston ciarra.cunningham@am.jll.com

Lee B. Allen 1939

150 $31,709,316

6 75 1

Flex; industrial; office; retail

Coldwell Banker Commercial Atlantic 3506 W. Montague Ave., Suite 200 North Charleston, SC 29418

843-744-9877 www.cbcatlantic.com info@cbcatlantic.com

Brent A. Case 1986

128 $99,407,084

29 94 1

Agricultural; flex; health care; income-producing; industrial; land; multifamily; office; restaurant; retail; warehouse

Belk Lucy 636 King St. Charleston, SC 29403

843-856-4600 www.belklucy.com trey.lucy@belklucy.com

Blair Belk, Trey Lucy 2013

121 $65,785,469

6 73 1

Flex; health care; income-producing; land; office; restaurant; retail; warehouse

Twin Rivers Capital LLC 656 Ellis Oak Ave., Suite 201 Charleston, SC 29412

843-722-9925 www.twinriverscap.com jj@twinriverscap.com

Jeffrey J. Lamberson 2002

107 $10,160,578

5 33 1

Flex; income-producing; industrial; land; office; restaurant; retail; warehouse

Oswald Cooke & Associates 870 Walt Miller St., Suite 100 Mount Pleasant, SC 29464

843-388-5650 www.oswaldcooke.com info@oswaldcooke.com

Benjy Cooke, Edward G. Oswald 2010

84 $112,000,000

7 23 1

Flex; income-producing; industrial; office; restaurant; retail; warehouse

Colliers International 4289 Spruill Ave. North Charleston, SC 29405

843-723-1202 www.colliers.com/en liz.mccary@colliers.com

Jim Garrett 1906

78 $176,018,920

9 25 1

Agricultural; flex; health care; hotel, motel; incomeproducing; industrial; land; multifamily; office; restaurant; retail; warehouse

Southeastern Management Group Inc. 151 King St. Charleston, SC 29401

843-577-8595 www.semgsc.com semg@semgsc.com

Chad Yonce 1997

76 $30,907,894

2 30 1

Flex; health care; income-producing; industrial; land; multifamily; office; restaurant; retail; warehouse

Holcombe, Fair & Lane 1071 Morrison Drive Charleston, SC 29403

843-722-2642 www.hflcharleston.com info@hflcharleston.com

Charles G. Lane 1927

57 $61,398,422

4 14 1

Agricultural; flex; health care; income-producing; industrial; land; office; restaurant; retail; warehouse

Landmark Enterprises 311 Johnnie Dodds Blvd.

Mount Pleasant, SC 29464

843-884-8166 www.landmark-enterprises.com info@landmark-enterprises.com

Jon Chalfie, Jason M. Ward, Gene W. Blanton 1974

52 $82,000,000

8 29 1

Agricultural; flex; health care; hotel, motel; incomeproducing; industrial; land; multifamily; office; restaurant; retail; sports, entertainment; warehouse

Kennerty Ratner & Tezza LLC 1035 Johnnie Dodds Blvd., Suite B11 Mount Pleasant, SC 29464

843-388-9818 mark@krtrealestate.com

Mark J. Tezza 1989

49 $4,297,340

3 12 1

Flex; income-producing; industrial; office; retail; warehouse

Caldwell Commercial 4476 W. Leeds Place Charleston, SC 29405

843-367-7000 www.caldwellcommercial.com bob@caldwellcommercial.com

Robert Caldwell 2000

37 $26,648,057

2 25 1

Flex; health care; income-producing; industrial; land; office; restaurant; retail; warehouse

DeSeta Realty Group LLC 2457 Aviation Ave., Suite 120 North Charleston, SC 29406

610-656-8017 www.desetagroup.com alex@desetagroup.com

Alexis DeSeta 2015

35 $260,000

3 8 1

Industrial; multifamily; office; retail; warehouse

Carr Properties LLC 5806 Campbell St. Hanahan, SC 29410

843-744-2863 www.carr-properties.com walter@carr-properties.com

Walter D. Carr 1999

30 $6,500,000

2 1 1

Flex; industrial; land; office; warehouse

Dunes Commercial Properties LLC 835 Coleman Blvd.

Mount Pleasant, SC 29464

843-881-5600 www.dunesproperties.com realestate@dunesproperties.com

Luiz T. Yamashita 2015

30 $10,000,000

5 8 5

Industrial; land; office; retail; warehouse

The Commonwealth Co. Inc. 171 Church St., Suite 300 Charleston, SC 29401

843-577-8877 www.thecommonwealthcompany.com commonwealthjimm@prodigy.net

James R. Moring 1997

28 $7,000,000

6 16 1

Hotel, motel; income-producing; land; restaurant

Grescon Development LLC 257 Treeland Drive, Suite B Ladson, SC 29456

843-552-4480 www.grescon.com bgressette@grescon.com

Billy Gressette 2012

20 $11,000,000

4 3 1

Flex; industrial; office; retail; warehouse

Marshall Walker Real Estate 582 Rutledge Ave. Charleston, SC 29403

843-225-7007 www.marshallwalker.com operations@marshallwalker.com

Marshall D. Walker 2003

20 $909,224

14 26 1

Flex; income-producing; office; restaurant; retail; warehouse

The PrimeSouth Group LLC 418 King St., Suite 201 Charleston, SC 29403

843-722-4450 www.primesouthgroup.com clprice@primesouthgroup.com

Christopher L. Price 1996

20 $30,000,000

6 10 1

Income-producing; industrial; office; retail

The Brokerage Real Estate & Business Brokerage LLC 515 Coleman Blvd., Second Floor Mount Pleasant, SC 29464

843-364-6720 www.thebrokerageyouwinhere.com david@seaydevelopment.com

L.John Teffeau, David H. Seay 2019

19 $11,559,379

12 4 1

Agricultural; flex; health care; hotel, motel; incomeproducing; industrial; land; multifamily; office; restaurant; retail; sports, entertainment; warehouse

Because of space constraints, sometimes only the top-ranked companies are published in the print edition. Although every effort is made to ensure accuracy, errors sometimes occur. Email additions or corrections to research@scbiznews.com.

Types of Properties

Researched by Business Journal staff

IN FOCUS: COMMERCIAL REAL ESTATE

July 11-24, 2022

www.charlestonbusiness.com 19

Commercial Real Estate Firms Ranked by No. of Sale/Lease Transactions in 2021 Company

Phone / Website / Email

Broker(s) in Charge / Year Founded

Transactions: No. / Value

Comm. Brokers / Current Listings / Lowcountry Offices

Maybank Properties LLC 176 Croghan Spur Road, Suite 204 Charleston, SC 29407

843-740-9202 www.maybankproperties.com mmcfall@maybankproperties.com

David Maybank, Michael G. McFall 1997

19 $38,000,000

1 5 1

Income-producing; industrial; land; office; warehouse

Miler Properties Inc. 625 Old Trolley Road Summerville, SC 29485

843-821-1111 www.milerproperties.com rlmiler@milerproperties.com

Richard L. Miler 1985

17 $1,925,000

3 1 1

Flex; income-producing; office

Lane Properties of Charleston LLC 746 St. Andrews Blvd., Suite B Charleston, SC 29407

843-769-9919 www.laneproperties.com administrator@laneprops.com

Mark C. Lane 1967

15 $378,384

2 2 1

Flex; health care; income-producing; industrial; multifamily; office; restaurant; retail; warehouse

National Restaurant Properties 237 King St., Suite 2A Charleston, SC 29401

843-442-1872 www.restaurantstore.com hagar@bellsouth.net

Timothy J. Hagar 2000

15 $4,745,000

2 30 1

Land; restaurant; retail

Adams Property Group 2298 Mount Pleasant St. Charleston, SC 29403

843-941-4001 www.adamspropgroup.com info@adamspropgroup.com

Franklin Adams, Casey Lowery 2008

14 $11,132,471

3 10 1

Flex; income-producing; office; retail

Adams & Wilson Development 835 Lowcountry Blvd.

Mount Pleasant, SC 29464

843-216-9990 www.adamswilsondevelopment.com scott@adamswilsondevelopment.com

Scott D. Adams 2006

13 $10,912,469

5 1 1

Flex; income-producing; industrial; land; office; restaurant; retail

Bob Glover Real Estate LLC 3251 Esau Jenkins Road Johns Island, SC 29455

843-572-0000 www.bobgloverrealestate.com bobgloverccim@gmail.com

1989

9 $2,456,000

1 12 1

Income-producing

Choice Realty Inc. 8550 Dorchester Road Charleston, SC 29420

843-991-4848 www.choicerealtyusa.com jonathanlee@choicerealtyusa.com

Jonathan C. Lee 2004

9 $4,552,766

1 5 1

Flex; income-producing; multifamily; office; retail

Engel & Völkers Charleston 10 Shem Drive, Suite 100 Mount Pleasant, SC 29464

843-805-8011 www.charleston.evrealestate.com chris.cunniffe@evcharleston.com

Chris Cunniffe 2020

7 $1,000,000

3 2 1

Industrial; land; office; retail

Commercial Investment Group LLC 1910 Capri Drive Charleston, SC 29407

843-406-7979 www.cominvestgroup.com pjd@cominvestgroup.com

P. John DeStefano 2006

6 $7,000,000

1 10 1

Flex; income-producing; industrial; land; multifamily; office; retail; warehouse

Landcrafters Inc. Real Estate & Development 520 Folly Road Charleston, SC 29412

843-608-1058 www.stephenpcarroll.com landcrafterssc@gmail.com

Stephen P. Carroll 1996

6 $12,548,000

1 2 1

Agricultural; flex; income-producing; industrial; land; multifamily; sports, entertainment; warehouse

Strategic Asset Management 353 N. Shelmore Blvd., Suite 200 Mount Pleasant, SC 29464

843-416-1062 hmyers@sreadvisors.com

Harris Myers 2004

6 $750,000

1 3 1

Flex; income-producing; industrial; office; retail; warehouse

Charleston Industrial 225 Seven Farms Drive, Suite 401 Charleston, SC 29492

843-377-8383 www.charlestonindustrial.com mike.white@charlestonindustrial.com

Michael G. White 2007

5 $32,610,000

5 5 1

Flex; industrial; land; office; warehouse

Exit Realty Lowcountry Group 3618 Ashley Phosphate Road, Suite 9 North Charleston, SC 29418

843-619-3005 www.exitlowcountry.com corwyn@exitlowcountry.com

Corwyn J. Melette 2015

5 $1,500,000

18 3 1

Income-producing; land; multifamily

Howell & Associates 242 Mathis Ferry Road, Suite 200 Mount Pleasant, SC 29464

843-884-8976 karen@howellsc.com

Shawn Howell 1972

5 -

2 22 1

Agricultural; flex; health care; hotel, motel; incomeproducing; industrial; land; multifamily; office; restaurant; retail; sports, entertainment; warehouse

Ziff Real Estate Partners 210 Wingo Way, Suite 400 Mount Pleasant, SC 29464

843-724-3500 www.ziffcre.com ajones@zpi.net

Tim Walter, Curt Schade, Christian Chamblee 1991

5 $43,365,000

1 4 1

Flex; income-producing; industrial; land; office; restaurant; retail; warehouse

C3 Investments Inc. 220 Church St., Suite 101 Mount Pleasant, SC 29464

843-849-5455 c3investments@comcast.net

C. Gordon Lovingood 1987

4 $5,000,000

1 2 1

Hotel, motel; office; retail

Holder Properties 75 Port City Landing, Suite 100 Mount Pleasant, SC 29464

843-409-0888 www.holderproperties.com fgray@holderproperties.com

Billy Cooke, Friend Gray 1980

1 $29,250,000

2 1 5

Office; retail

The Montez Team 4040 Cedars Parkway, Unit F North Charleston, SC 29420

843-577-4050 rossiecolter1@gmail.com

Rossie M. Colter 2015

1 $672,500

1 -

Multifamily; office

True Carolina Realty 7410 Northside Drive, Suite 150 North Charleston, SC 29420

843-834-1241 www.truecarolinarealty.com info@truecarolinarealty.com

Brooke Madsen 2017

1 $1,500,000

3 1

Multifamily

Four Oaks Property Group LLC 1496 Goblet Ave. Mount Pleasant, SC 29464

843-819-6710

2017

-

1 1

Hotel, motel; land; office; restaurant; retail; sports, entertainment

Norvell Real Estate Group LLC 945 Houston Northcutt Blvd.

Mount Pleasant, SC 29464

843-579-0055 www.norvellgroup.com info@norvellgroup.com

Frank W. Norvell 1998

-

3 14 1

Flex; health care; income-producing; industrial; land; office; restaurant; retail

Ravenel Commercial Properties 960 Morrison Drive, Suite 201 Charleston, SC 29403

843-266-3900 www.ravenelcommercial.com info@ravenelcommercial.com

Jules Deas 2014

-

6 1

Agricultural; flex; health care; hotel, motel; incomeproducing; industrial; land; multifamily; office; restaurant; retail; sports, entertainment; warehouse

Wm. Iselin Co. LLC 198 E. Bay St., Suite 101 Charleston, SC 29401

843-729-7782 www.webcharleston.com wiselin@aol.com

William J. Iselin 1987

-

1 1

Agricultural; industrial; land; restaurant

WRS Inc. Real Estate Investments 550 Long Point Road Mount Pleasant, SC 29464

843-654-7888 www.wrsrealestate.com tmassey@wrsrealty.com

T. Scott Smith, Art Kepes, Kevin Rogers 2001

-

4 1

Income-producing; land; restaurant; retail

Because of space constraints, sometimes only the top-ranked companies are published in the print edition. Although every effort is made to ensure accuracy, errors sometimes occur. Email additions or corrections to research@scbiznews.com.

Types of Properties

Researched by Business Journal staff

20

IN FOCUS: COMMERCIAL REAL ESTATE

www.charlestonbusiness.com

July 11-24, 2022

Commercial Moving & Storage Companies Ranked by No. of Employees in the Charleston Area Company

Phone / Website / Email

Top Local Official(s) / Year Founded

Azalea Moving & Storage Inc. 7131 Bryhawke Circle North Charleton, SC 29418

843-767-4888 www.azaleamoving.com josh@azaleamoving.com

Josh Keiffer 1982

Mather Brothers Moving Co. 3240 Benchmark Drive Ladson, SC 29456

843-572-5155 www.matherbrothers.com chris.reed@matherbrothers.com

Chris Reed, Chris Reed 2013

ABF Freight 3153 Pacific St. North Charleston, SC 29418

479-785-6000 www.arcb.com customerservice@arcb.com

Carolina Mobile Storage LLC 139 Jed Park Place Summerville, SC 29486

Employees / Warehouse Sq. Ft.

Climate Controlled? / Packing Available?

Moving/Storage Services

Geographic Coverage

113 -

Yes Yes

Full service moving company

Nationwide

20 28,000

No Yes

Storage, warehousing, cross dock services, container load and unload, import export services, household and office relocations

Worldwide

Steven Leonard, Nate Ross, Marc Weidner 1923

18 -

No No

An ArcBest company; ReloCubes and trailers

U.S., Canada and Puerto Rico

843-851-2661 www.carolinamobilestorage.com sales@carolinamobilestorage.com

Rick Jackson 1999

18 -

Yes No

Buy, sell, lease new and used intermodal equipment, shipping containers, flat racks, open tops, chassis, remanufacture of intermodal equipment, modifcations and conversions

SC, NC, GA

Atlantic Transfer & Storage Co. Inc. 7370 E. Spartan Blvd.

North Charleston, SC 29418

843-207-7440 www.atsworldpackaging.com troth39847@aol.com

Tom Roth 1997

15 25,000

No Yes

Warehouse and packaging

Local

ATS World Packaging 7370 E. Spartan Blvd.

North Charleston, SC 29418

843-266-0010 www.atsworldpackaging.com troth@atsworldpackaging.com

Tom Roth 1997

15 -

Yes Yes

Crating, packaging, pallets, heat-treated wood crates (heat chamber on premises)

Worldwide

McCorquodale Transfer Inc. 4567 Piggly Wiggly Drive, Suite C North Charleston, SC 29405

843-200-1937 www.mtmoves.com

Bryan R. Terrell 1996

15 60,000

Yes Yes

Designer installation services, household moving, commercial moving, warehouse receiving, packing and crating

Nationwide

Ready Set Movers LLC 454 Deanna Lane, Suite I Charleston, SC 29492

843-882-7561 www.readysetmovers.com info@readysetmovers.com

Ryan Masche 2011

10 1,000

Yes Yes

Local and long distance moving, residential and commercial moves, packing and material offered

Nationwide

Stash Storage 4750 Goer Drive, Suite F North Charleston, SC 29406

800-230-0308 www.stashstorage.com support@stashstorage.com

Lindsey Hartshorne , Nick Jordan 2018

6 22,500

Yes Yes

On-demand storage services

Local

Blackmon Warehouse Systems Inc. 1930 Hanahan Road, Suite 1400B North Charleston, SC 29406

843-747-4630 vickys@blackmon-warehouse.com

Vicky Slagle 1974

4 -

No No

-

Southeast

Carolina Boatyard Inc. 2383 S.C. Highway 41 Mount Pleasant, SC 29466

843-971-1812 www.carolinaboatyard.com theyard@carolinaboatyard.com

Bradley J. Kerr, Tracy R. Kerr 1997

2 200,000

No No

Secure, clean storage for boats; locally owned and operated since 1997; 2 boat storage yard with locations in Awendaw and Wando; outdoor space only

Regional

Because of space constraints, sometimes only the top-ranked companies are published in the print edition. Although every effort is made to ensure accuracy, errors sometimes occur. Email additions or corrections to research@scbiznews.com.

Researched by Paige Wills

2022 | SOUTH CAROLINA

MANUFACTURING CONFERENCE AND EXPO PRESENTED BY:

SAVE THE DATE: NOV. 3 - NOV. 4 GREENVILLE CONVENTION CENTER | GREENVILLE, SC

To view the agenda and to register, visit www.scmanufacturingconference.com Join Manufacturing suppliers and innovators across all industry verticals at South Carolina’s most significant manufacturing event of the year.

• An exhibit hall the equivalent of three football fields • Implementing Industry 4.0 Technology

The 2022 conference will include:

• 2023 Economic Outlook: Auto, Aerospace, Biotech • Women in Manufacturing: Leaders and Influencers • SCMEP Manufacturing Excellence Awards

• The South Carolina Manufacturing Extension Partnership (SCMEP) will conduct training courses

PRESENTING SPONSORS:

For questions about exhibiting or sponsorship opportunities, please contact Rick Jenkins at rjenkins@scbiznews. com or call (864) 720-1224 Visit scmanufacturingconference.com for the latest updates.

At Work

BUSINESS DIGEST | PEOPLE IN THE NEWS | HOT PROPERTIES | PEER TO PEER

People in the News

Business Digest

Sale of Island Shops brokered by Marcus & Millichap Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, brokered the sale of Island Shops, a 20,000-square-foot, multi-tenant retail center in Beaufort.

The property sold for $6.55 million.

Al Taf, first vice president investments in the company’s Atlanta office, had the exclusive listing to market the property on behalf of seller WRS Real Estate Investments.

SouthCoast, co-founded by John Morgan Jr., purchased the property.

Built in 2018 on 3.19-acres, the shopping strip is shadow-anchored by a Walmart Supercenter and at closing was 94 percent occupied by local and national retailers. The deal included a master lease of 2,800 square feet by the seller.

“We received multiple offers within a couple of weeks due to our compelling campaign,” said Taf. “The qualified buyer won the deal by presenting multiple improved offers The Island Shops in Beaufort sold for $6.55 million. (Photo/Provided) with nonrefundable money on day one.”

Van Gogh multimedia exhibit comes to Charleston

Beyond Van Gogh: The Immersive Experience, a Vincent Van Gogh traveling multimedia exhibit, will have a limited run through September 4, 2022, at the Charleston Area Convention Center.

The event, which features more than 300 of the post-Impressionist artist’s pieces, brings to life Van Gogh’s influential pieces in a unique three-dimensional display.

Occupying more than 30,000 square feet, the exhibit has sold more than 2.5 million tickets globally.

The exhibit surrounds attendees in high-resolution digital projections, comprising four trillion content pixels, of the artist’s work, including “The Starry Night,” “Sunflowers,” and “Café Terrace at Night.” Attendees also hear Van Gogh’s own dreams, thoughts, and words set to a symphonic score.

Created by French-Canadian Creative Director Mathieu St-Arnaud and his team at Montreal’s Normal Studio, the exhibit is produced by Paquin Entertainment Group and presented by Outback Presents.

Atlantic Packing joins Conservation Alliance

Atlantic Packaging has joined The Conservation Alliance, an organization that harnesses the collective power of business and outdoor communities to advocate for the protection of North America’s wild places. Atlantic Packaging is the first packaging company to join the more than 270 member companies whose collective annual membership dues are dispersed to grassroots environmental organizations that contribute to the long-term health of outdoor rec-

reation and help ensure access for future generations.

Family owned-and-operated for 75 years, Atlantic Packaging is committed to supporting the intelligent transition to a circular-packaging supply chain and a waste-free world. Packaging accounts for more than 40 percent of plastic waste, according to 2018 EPA data.

Food bank receives Bank of America grant

Lowcountry Food Bank has received a $20,000 grant from Bank of America for operating support to assist hunger-relief efforts throughout the 10 coastal counties it serves. The grant helps ensure that seniors, veterans, individuals, families, and children do not have to worry about where their next meal is going to come from, especially during summer months while students are out of school.

This grant brings Bank of America’s commitment in 2022 to $45,000.

In addition, nearly 200 Bank of America and Merrill Lynch teammates sponsored and packed 500 Lowcountry Food Bank BackPack Buddies bags in Charleston in June. BackPack Buddies helps alleviate weekend hunger among food-insecure schoolchildren with nutritious and kid-friendly food each Friday during the school year and five weeks during the summer.

“Bank of America is committed to

BUSINESS SERVICES EO Charleston has new members: Ryan Hamilton, founder of Blue Buzzard; Max Berry, co-founder of Allegiance Flag Supply; and Thomas Fimian, owner and CEO of Docugraphics. Founded in 2019, EO Charleston is the only chapter of the global organization in South Carolina. Membership is open to business owners who have reached at least $1 million in revenue and are majority owners.

CONSTRUCTION

driving change for good and eliminating barriers like hunger that drive inequality and create disparities,” said Mark Munn, president, Bank of America Charleston/Hilton Head. “Our support aims to address a critical need and provide access — especially for children — to nutritious food.”

The food insecurity rate in coastal South Carolina is more than 11%, resulting in more than 161,000 individuals who face hunger every day; this includes more than 45,000 children who don’t have consistent access to healthy food.

The food bank distributes food to more than 250 partner agencies.

Beer company sponsors campaign to protect island habitat

Island Brands USA began a new initiative during National Ocean Month in June to help protect the habitat of South Carolina’s cherished Crab Bank Island.

Island Brands, along with partners Free Fly and Rheos Nautical Eyewear, is sponsoring an awareness campaign to inform kayakers and boaters about Crab Bank’s burgeoning bird sanctuary.

The campaign advises passersby to not land on Crab Bank and to respect the birds nesting and resting there while hatching eggs and tending to young birds.

Along with educational materials and online content, the campaign includes kayaks for guides and volunteers of the Coastal Expeditions Foundation to use to monitor the nesting program from a safe distance.

A multiyear effort to restore Crab Bank reached a milestone this past March when nesting birds laid the first eggs on the island in nearly six years.

CRBJ

DWG Consulting Engineers has promoted Brian Bates to president and Mark Uyak to vice president. In addition, Mike Weeks is now CEO and chairman of the board, and Philip Dalpiaz Jr. is CFO. John Carroll, president/chief service officer of Unlimited Performance, has joined DWG’s board of directors.

DWG has been named a Roaring 20 Company by the SC Business Opportunities and Weeks has been named to SC Biz Engineers Power List.

Mitchell Scott passed the Principles and Practices of Engineering Civil exam with the Water Resources and Environmental depth examination and has Scott satisfied the experience requirement needed to be designated a Professional Engineer, or PE. He is a civil designer with Thomas & Hutton’s Charleston civil department, where he prepares site development construction drawings, engineering design considerations for water, sewer, and storm drainage infrastructure, and permit applications associated with residential and commercial projects. His current projects include Blue House Park and Pin Oaks, two 500+ lot single-family communities associated with the master planning of Summers Corner in Dorchester County.

A graduate of The Citadel with a bachelor of science in civil and environmental engineering, Scott had worked as a project engineer for Earthsource Engineering.

Thomas & Hutton class of 2022 summer interns are Sullivan Clair, Dalton Mitchum, and Peyton Stokes. Interns work with T&H’s professional engineers, surveyors, landscape architects, and GIS analysts as well as its marketing and graphics staff.

Clair, an intern in the Charleston See PEOPLE, Page 22

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www.charlestonbusiness.com

July 11-24, 2022

PEOPLE, from Page 21

EDUCATION

water resources department, is a rising junior at Clemson University studying civil engineering. He is a member of the American Society of Civil Engineers Student Chapter at Clemson.

Mitchum, an intern in the Charleston civil department, is a rising junior at the University of South Carolina studying civil engineering.

Stokes, an intern in the Charleston landscape architecture department is a rising senior studying landscape architecture at Clemson University. She previously interned at Yard Works in Mount Pleasant.

René Harris, principal of Beech Hill Elementary in Dorchester School District Two, received the 2022 National Distinguished Principal award from the Harris National Association of Elementary School Principals.

She received the honor for setting high standards for instruction, student achievement, character, and climate for students, families, and staff.

Construction industry veteran Kent Thames has joined JE Dunn Construction as vice president for the Charleston market and surrounding Lowcountry. He Thames had been with Choate Construction.

Thames is responsible for leading and growing the Charleston team, setting and implementing strategic direction, overseeing multiple highly visible projects, and expanding the company’s footprint.

At Choate, Kent started and led the Charleston office interiors division. Prior to Choate, he spent 10 years with HITT Contracting. Kent also worked for SteelFab and Owens Steel.

FINANCIAL SERVICES Rob Grimmett, Briana Bethea, and Lesley Cornett have joined the Pinnacle Financial Partners client services team.

Grimmett is an office leader in the Charleston Savannah Highway office.

He has nine years of financial services experience in the Charleston market and comes from Truist, where he was a cluster branch leader in Summerville. He earned his bachelor’s degree at Marshall University.

Bethea, who has 14 years’ experience, is a financial specialist in Pinnacle’s Mount Pleasant Johnnie Dodds Boulevard office.

She comes to Pinnacle from First Citizens Bank, where she was a senior sales and service representative. Bethea earned her bachelor’s degree at the College of

Celebrate the “Who’s Who” of the Charleston business community. This elite 40 comprises people under the age of 40 who have excelled in the professional arena and in community involvement. Join us as we honor the best and brightest young professionals in the Lowcountry!

Charleston.

Cornett, a financial specialist in Pinnacle’s Charleston Meeting Street office, brings 11 years of experience to her role.

She had worked at Truist (formerly SunTrust Bank) as a relationship banker, universal banker, and financial service representative. Cornett earned her associate degree from National Business College in Roanoke.

McGuire & Co.’s newest member is Andie Hershberger.

A College of Charleston graduate with more than 20 years’ experience in public accounting and Hershberger industry, her areas of practice include bookkeeping, income tax preparation, and tax planning for individuals and small business.

FITNESS AND SELF CARE Brandon Watts is now part of the Woodhouse Spa Southeast executive team. He had been wellness director at The Charleston Place’s health club Watts and spa. Watts oversees hospitality operations at the Mount Pleasant, Downtown

Charleston, Franklin (Tennessee), and soon-to-open Savannah locations.

HEALTH CARE Mount Pleasant native and geriatrician John E. Kleckley, MD, has joined family physician Ann Gregory Kelly, MD, at the Palmetto Primary Care PhysiKleckley cians–Island Court office in Mount Pleasant. Before joining Palmetto Primary Care Physicians, Kleckley had his own private medical practice and was attending physician or medical director at several assisted living, skilled nursing, and hospice facilities. He earned his doctorate of medicine at the University of South Carolina.

INDUSTRY The Sefa Group has promoted Wiley Blankenship to vice president of Sefa Industrial Solutions. Blankenship is responsible for leading the operations of the company’s industrial construction and installation services.

He had served as the major projects manager for Sefa.

CRBJ

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Resiliency key to weathering operational disruptions

T

he conflict in Ukraine and the potential for disruption of power and other infrastructure disruptions due to cyber and operational technology attacks from adversaries is gaining more and more attention from the news as well as federal, state, and local government organizations.

Is your facility prepared for a fire, earthquake, or major weather event?

What about a utility or water outage?

Or an attack on your cybersecurity or operational technology security (which includes manmade attacks against utilities, transportation, and other systems)?

Resiliency is the ability to anticipate, prepare for, and adapt to changing conditions and to withstand, respond to, and recover rapidly from disruptions.

The 4 Rs of resiliency

Resilience is thought of as having 4 components: • Resourcefulnes: optimized per-

formance of systems and adequate planning, personnel training, and testing to manage through a disruption • Redundancy: availability of backup systems and islandable onsite generation to ensure critical loads are not lost, or if they are lost, to be quickly restored during primary system disruptions.

• Robustness: ability to maintain critical operations during a disruption through building, infrastructure, redundant design, and system substitution capability.

• Recovery: ability to return to normal operating conditions as quickly and efficiently as possible after a disruption.

Understanding the operational and strategic relationships for your company is a key part of being ready to withstand disruptions. Here are a couple of free tools and resources:

• DHS CISA (Critical Infrastructure & Security Agency) offers free Cybersecurity Assessment Services, a $30,000-$50,000 market value. It is available to federal, state, local, tribal, and territorial governments as well as public and private sector critical infrastructure groups.

• Qualys Secure Sockets Layer (SSL) Labs Server Test for Websites is a free online web server analysis in seconds. Just enter your hostname and you will get results including mitigation recommendations.

• Hash Checking. A hash is a cryptographic mechanism used to validate the integrity of software. There are a lot of algorithms to do this, but the most common currently is Secure Hashing Algorithm 256 or SHA 256. All operating systems including Windows 10 offer out-ofthe-box methods for hash checking. Microsoft offers additional free

tools.

What about the personal level? Have you been PWNED? PWNED is pronounced “powned” and is cultural slang for owning someone or their computer.

Go to https://haveibeenpwned.com and enter your email address. You will see all the places you have been hacked. This is a good reminder not to use the same password for every online account you have.

Richard Buzard is the CEO and Managing Consultant of Virtual FM LLC and has had extensive resiliency training from the Federal Energy Management Program.

He can be reached at rbuzard@virtual-fm. com CRBJ

We want to hear from you Write: Ross Norton, Editor SC Biz News 35B Cessna Court Greenville, S.C. 29607 Email: rnorton@scbiznews.com

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