Wilson Kibler

Newmark Wilson Kibler Represents Buyer in Sale of Butler Road Office Building

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Greenville, SC (April 18, 2018) – Newmark Wilson Kibler’s Edward Wilson, in partnership with Charlie Whitmire of The Whitmire Co., LLC, represented the buyer in the recent off-market sale of the Jacob’s Building at 1041 Butler Rd. in Greenville.  The 210,126-square-foot office building sold to ET III Greenville JEC, LLC.  Jacobs will continue to lease the space.

“We were very fortunate to help facilitate this purchase and sale,” said Edward Wilson of the transaction. “We believe this was a great purchase for the buyer client and works well for their conservative investment model. Good deals have been hard to find in today’s active real estate market – we are grateful for the opportunity to source a great deal in a competitive landscape.”

About Wilson Kibler

Newmark Wilson Kibler is a full-service commercial real estate company with offices in Columbia, Charleston, Greenville, Rock Hill and Myrtle Beach, South Carolina.  Newmark Wilson Kibler provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, project leasing, acquisition and disposition, property management, development and consultation.  Each of these services is staffed by highly regarded professionals focused on providing value for clients throughout all phases of an assignment.  Newmark Wilson Kibler is an Accredited Management Organization and its professionals hold prestigious designations including CCIM, CPM and SIOR. For further information visit www.wilsonkibler.com.

Newmark Knight Frank (NKF) is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NKF’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents.

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Newmark Wilson Kibler Recognized with CoStar Power Broker Awards

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Columbia, S.C. (April 3, 2018) – The top-performing commercial real estate firms and brokers in Columbia in 2017 were recognized as winners of the annual CoStar Power Broker Awards this week. Newmark Wilson Kibler has been named one of the top leasing firms in the Columbia market and principal, George McCutchen, CCIM, SIOR, has been recognized as one of the top industrial leasing agents.

Every year, CoStar’s research team verifies and records the commercial real estate sales and lease transactions that closed during the previous year. From that information, CoStar presents CoStar Power Broker Awards to a select number of brokerage firms and individual brokers who closed the highest overall transaction volumes in commercial property sales and leases within their respective markets.

“The integrity and production of our brokers is exemplary,” said Det Bowers, Newmark Wilson Kibler’s president. “We appreciate the opportunities our clients allow for us to bring them the highest value for their real estate assets.”

About Wilson Kibler
Newmark Wilson Kibler is a full-service commercial real estate company with offices in Columbia, Charleston, Greenville, Rock Hill and Myrtle Beach, South Carolina. Newmark Wilson Kibler provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, project leasing, acquisition and disposition, property management, development and consultation. Each of these services is staffed by highly regarded professionals focused on providing value for clients throughout all phases of an assignment. Newmark Wilson Kibler is an Accredited Management Organization and its professionals hold prestigious designations including CCIM, CPM and SIOR. For further information visit www.wilsonkibler.com.

Newmark Knight Frank (NKF) is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NKF’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents.

Newmark Wilson Kibler Opening Greenville Office

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Columbia, S.C. (February 19, 2018) – Newmark Wilson Kibler announced today it is opening an office in Greenville.  Edward Wilson and Givens Stewart, SIOR, have joined the firm as managing partners of the new office, which will be located at 101 East McBee Ave.

Edward Wilson will focus on the sale and leasing of office and retail properties, according to a statement from Newmark Wilson Kibler. He joins the company after nearly a year and a half at Cushman & Wakefield, where he was vice president of its Greenville office division.  Wilson has worked closely with WCM Global Wealth as a portfolio manager and assisted with the acquisition of the Greenville News site, commonly known as the Camperdown development, the statement said.

“Edward’s experience in leasing, sales and development make him a valuable resource in Greenville’s expanding market,” said Wilson Kibler president, Det Bowers.

Givens Stewart, SIOR will specialize in industrial brokerage, as well as investment and land sales, according to the statement.  He comes to the firm after seventeen years at Colliers International, where he was a vice president of its Greenville office.

“Givens is the best in class.  He brings expertise, innovation and integrity to an outstanding team of brokers,” Bowers said in the statement.

“Wilson Kibler’s reputation in the state makes Greenville a natural place to start an office. With industry veterans well-known and respected by their peers, clients and customers, you can expect the Greenville office to experience dynamic growth,” said Stewart.

“South Carolina’s upstate has a vibrant community with an unparalleled quality of life. Our elected officials along with their economic development partners have an outstanding performance record. The suburban office market remains healthy while a slight increase in downtown vacancy raises some concern,” Wilson said. “Increased office demand in downtown markets will be critical in maintaining upward rate increases in other asset classes to include retail, multifamily and hospitality.”

About Wilson Kibler

Newmark Wilson Kibler is a full-service commercial real estate company with offices in Columbia, Charleston, Greenville, Rock Hill and Myrtle Beach, South Carolina.  Newmark Wilson Kibler provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, project leasing, acquisition and disposition, property management, development and consultation.  Each of these services is staffed by highly regarded professionals focused on providing value for clients throughout all phases of an assignment.  Newmark Wilson Kibler is an Accredited Management Organization and its professionals hold prestigious designations including CCIM, CPM and SIOR. For further information visit www.wilsonkibler.com.

Newmark Knight Frank (NKF) is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NKF’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents.

 

 

William Gregg Joins Newmark Wilson Kibler as a Property Management Associate

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Columbia, S.C. (January 31, 2018) – Newmark Wilson Kibler announced today that William Gregg has joined its Columbia office as a property management associate.   Gregg will work primarily in retail, office and flex property management and will be responsible for the oversight of property operations, finances and engagement of third-party vendors as they relate to his portfolio of assigned properties.

Prior to Newmark Wilson Kibler, Gregg served as a residential sales and leasing agent for a Columbia-based property management firm.  Before starting his career in property management, he worked as a business systems analyst for Blanchard Machinery Company.

“We are pleased to have William join our Property Management team.  His knowledge and professionalism are great attributes as we continue to grow our managed portfolio throughout South Carolina,” Haskell Kibler, CPM, LEED-GA said in a statement.  Kibler serves as Newmark Wilson Kibler’s asset manager for the firm’s five statewide offices.

About Wilson Kibler

Newmark Wilson Kibler is a full-service commercial real estate company with offices in Columbia, Charleston, Greenville, Rock Hill and Myrtle Beach, South Carolina.  Newmark Wilson Kibler provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, project leasing, acquisition and disposition, property management, development and consultation.  Each of these services is staffed by highly regarded professionals focused on providing value for clients throughout all phases of an assignment.  Newmark Wilson Kibler is an Accredited Management Organization and its professionals hold prestigious designations including CCIM, CPM and SIOR. For further information visit www.wilsonkibler.com.

Newmark Knight Frank (NKF) is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NKF’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents.

 

Knight’s Companies Announces Plans to Expand its Redi-Mix Operations in the Midlands

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Knight’s Companies of Summerville, S.C. announced plans today to expand its current Redi-Mix operations in Blythewood and the Irmo with a third location at 1320 Pineview Road in Southeast Columbia.

George McCutchen of Newmark Wilson Kibler aided Knight’s Companies in the purchase and says they ultimately chose this site in Southeast Columbia for the expansion after performing numerous soil tests to identify a location suitable for the heavy weights involved in concrete production. Knight’s Redi-Mix produces concrete for both commercial and residential applications.

About Wilson Kibler

Newmark Wilson Kibler is a full-service commercial real estate company with offices in Columbia, Charleston, Greenville, Rock Hill and Myrtle Beach, South Carolina.  Newmark Wilson Kibler provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, project leasing, acquisition and disposition, property management, development and consultation.  Each of these services is staffed by highly regarded professionals focused on providing value for clients throughout all phases of an assignment.  Newmark Wilson Kibler is an Accredited Management Organization and its professionals hold prestigious designations including CCIM, CPM and SIOR. For further information visit www.wilsonkibler.com.

Newmark Knight Frank (NKF) is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NKF’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents.

 

Newmark Wilson Kibler Represents Buyer of Forest Executive Plaza in $1.92 Million Sale

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Columbia, SC (January 22, 2017) – Mike Edwards and Brooks Owings of Newmark Wilson Kibler represented the buyer in the recent sale of Forest Executive Plaza at 4500 Ft. Jackson Blvd.  The 32,518-square-foot multi-tenant property sold to 4500 Fort Jackson, LLC. for $1.92 million. The new owner will occupy a portion of the space and continue to lease the remainder.  Newmark Wilson Kibler will handle the leasing of the property.

About Wilson Kibler

Newmark Wilson Kibler is a full-service commercial real estate company with offices in Columbia, Charleston, Greenville, Rock Hill and Myrtle Beach, South Carolina.  Newmark Wilson Kibler provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, project leasing, acquisition and disposition, property management, development and consultation.  Each of these services is staffed by highly regarded professionals focused on providing value for clients throughout all phases of an assignment.  Newmark Wilson Kibler is an Accredited Management Organization and its professionals hold prestigious designations including CCIM, CPM and SIOR. For further information visit www.wilsonkibler.com.

 

Newmark Knight Frank (NKF) is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NKF’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents.

 

Capital Waste Services Announces Plans to Expand to Southeast Columbia

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Capital Waste Services announced plans today to relocate its current operations at 3 Mauney Court and 105 North Shorecrest Road to a larger location in Southeast Columbia.  The Columbia-based waste service company recently leased 15,000 square feet on 4.3 acres at 1450 Bluff Road.  George McCutchen of Newmark Wilson Kibler represented the landlord and Jeremy Wilson represented Capital Waste Services in the lease.

N.C. Interiors Contracting of Gastonia, N.C. purchased 1450 Bluff Road last August and will continue to occupy a portion of the 17,000-square-foot space.  One-and-a-half acres of yard remains available for lease.

Capital Waste Services is a locally-owned and operated waste service company serving residents, businesses and municipalities in the Midlands of South Carolina.  They provide residential, commercial and industrial waste collection, disposal and recycling services.

About Wilson Kibler

Newmark Wilson Kibler is a full-service commercial real estate company with offices in Columbia, Charleston, Greenville, Rock Hill and Myrtle Beach, South Carolina.  Newmark Wilson Kibler provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, project leasing, acquisition and disposition, property management, development and consultation.  Each of these services is staffed by highly regarded professionals focused on providing value for clients throughout all phases of an assignment.  Newmark Wilson Kibler is an Accredited Management Organization and its professionals hold prestigious designations including CCIM, CPM and SIOR. For further information visit www.wilsonkibler.com.

Newmark Knight Frank (NKF) is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NKF’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents.

George McCutchen Donates $10,000 to Eastminster Church In Honor of Late Wilson Kibler President and Co-founder

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George McCutchen, CCIM, SIOR donated $10,000 to Eastminster Church this week in honor of Newmark Wilson Kibler’s late president and co-founder, Marshall Kibler.  The donation will serve to benefit local and international charities including Family Shelter, Haiti Hurricane Relief, Harvest Hope Food Bank, Jubilee Academy and Living Waters for the World.

McCutchen said of Kibler, “He was a dedicated partner, and I still miss his charm and humor.  He was insightful and always calm in a sometimes stressful industry.  He was a great and witty gentleman.”

Marshall Kibler and Jeremy Wilson co-founded Newmark Wilson Kibler, a prominent statewide commercial real estate firm, in 1987.  Kibler passed away unexpectedly in March 2016.  He was a founding member of The Capital Rotary Club and a Paul Harris Fellow.  He achieved the esteemed real estate designations of Society of Industrial and Office Realtor (SIOR) and Certified Commercial Investment Member (CCIM), a designation only 5% of all commercial real estate professionals hold.

Donations can be made to Eastminster Church by contacting their offices at (803) 256-1654 or by visiting the church at 3200 Trenholm Rd, Columbia, S.C. 29204.

About Wilson Kibler

Newmark Wilson Kibler is a full-service commercial real estate company with offices in Columbia, Charleston, Greenville, Rock Hill and Myrtle Beach, South Carolina.  Newmark Wilson Kibler provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, project leasing, acquisition and disposition, property management, development and consultation.  Each of these services is staffed by highly regarded professionals focused on providing value for clients throughout all phases of an assignment.  Newmark Wilson Kibler is an Accredited Management Organization and its professionals hold prestigious designations including CCIM, CPM and SIOR. For further information visit www.wilsonkibler.com.

Newmark Knight Frank (NKF) is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NKF’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents.

EPA’s Brownfields Program Aids in Redeveloping Contaminated Properties in City of Columbia

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EPA’s Brownfields Program provides grants and technical assistance to safely clean up and sustainably reuse qualified contaminated properties in the City of Columbia.  A brownfield property is one that may be complicated by, or have the stigma of being complicated by, the presence of hazardous substances, pollutants, contaminants, controlled substances or petroleum/petroleum products.  Sites that often qualify include:

  • Solvent contamination sources – former dry cleaners, printers, junkyards, auto repair facilities
  • Hazardous waste/waste sites – former industrial/manufacturing properties, treatment/storage/disposal (TSD) facilities, landfills
  • Petroleum contamination sites – former distribution facilities, convenience stores, automobile repair facilities

During the process, the potential purchaser applies with DHEC as a Non-Responsible Party (NRP), asserting the intended reuse of the property will not be similar to the current operation or exacerbate the current contamination.  Once approved, the NRP can enter into a Voluntary Cleanup Contract (VCC) managed by DHEC.

The inception of the Brownfields program signifies the first time that a documented contaminated property can be bought and redeveloped without environmental liability to the new owner.  The indemnity is transferable to any subsequent owner.

Redevelopment of these once contaminated properties has the added benefits of job creation and increasing the local tax base, in addition to taking the pressure off of undeveloped and underutilized properties.

About Wilson Kibler

Newmark Wilson Kibler is a full-service commercial real estate company with offices in Columbia, Charleston, Greenville, Rock Hill and Myrtle Beach, South Carolina.  Newmark Wilson Kibler provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, project leasing, acquisition and disposition, property management, development and consultation.  Each of these services is staffed by highly regarded professionals focused on providing value for clients throughout all phases of an assignment.  Newmark Wilson Kibler is an Accredited Management Organization and its professionals hold prestigious designations including CCIM, CPM and SIOR. For further information visit www.wilsonkibler.com.

Newmark Knight Frank (NKF) is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NKF’s 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents.

Newmark Wilson Kibler Donates $2,350 to Home Works of America

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Newmark Wilson Kibler is giving back to the Midlands community with a donation of $2,350 to Home Works of America after volunteering with the organization.

Newmark Wilson Kibler’s employees volunteered in a one-day blitz on September 15th where business volunteer groups set out to repair 5 or more homes in the City of Columbia.  NWK volunteers aided in the event by making essential repairs to a Columbia resident’s home.

Home Works of America is a 501(c)(3) nonprofit who works to repair homes of homeowners in need, assist youth in their development, and empower communities to care for their members.  Since 1996, Home Works of America has been annually repairing 100-130 homes across South Carolina, North Carolina and Georgia, aiding more than 2,600 elderly, disabled or veteran homeowners while mentoring 42,000 youth/adult volunteers through the repair process.

About Wilson Kibler

Newmark Wilson Kibler is a full-service commercial real estate company with offices in Columbia, Charleston, Greenville, Rock Hill and Myrtle Beach, South Carolina.  Our firm provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, project leasing, acquisition and disposition, property management, development and consultation.  Each of these services is staffed by highly regarded professionals focused on providing value for our clients throughout all phases of our assignments.  Our firm is an Accredited Management Organization and our professionals hold prestigious designations including CCIM, CPM and SIOR. For further information visit www.wilsonkibler.com.

 

Newmark Wilson Kibler Aids Charlotte Contractor’s Expansion with $1.7 Million Sale at 1450 Bluff Road

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Columbia, SC (Augusta 9, 2017) – Newmark Wilson Kibler, a leading real estate services firm, is pleased to announce the recent sale of 1450 Bluff Road to NC Interiors Contracting of Gastonia, N.C for $1.7 million.   George McCutchen, CCIM, SIOR represented the seller in the transaction.

NC Interiors Contracting, who specializes in governmental facility construction services, is expanding its presence to the Columbia market.

McCutchen said of the transaction, “I enjoy helping folks grow their operations.  NC Interiors Contracting does beautiful work, specializing in government facilities.  Their expansion from Charlotte to Columbia makes perfect sense because it is the capital of the state, and home to Fort Jackson, and USC.

The 17,000 SF space on 5.8 acres is located at the corner of Bluff Rd. and Idlewilde Dr. and was formerly an 18-wheeler truck repair facility. It has road frontage on Idlewilde and Key Roads.

 

About Wilson Kibler

Newmark Wilson Kibler is a full-service commercial real estate company with offices in Columbia, Charleston, Greenville, and Myrtle Beach, South Carolina.  Our firm provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, project leasing, acquisition and disposition, property management, development and consultation.  Each of these services is staffed by highly regarded professionals focused on providing value for our clients throughout all phases of our assignments.  Our firm is an Accredited Management Organization and our professionals hold prestigious designations including CCIM, CPM and SIOR.

For further information visit www.wilsonkibler.com.

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Newmark Grubb Wilson Kibler Releases Quarterly Market Report

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Columbia, S.C. (April 24, 2017) – Newmark Grubb Wilson Kibler, a leading real estate services firm, has released its market reports for first-quarter 2017.  Charleston’s industrial and office real estate markets continue to report healthy numbers.

The Charleston office market ended the first quarter of 2017 with a vacancy rate of 7.1%, up from the previous quarter’s 6.6% vacancy rate, largely due to the number of deliveries seen across the market.

Some of the notable deliveries in the quarter included:

  • 2387 Clements Ferry Road— A 41,420-square-foot facility, currently boasting 100% occupancy
  • 526 Johnnie Dodds Boulevard—A 9,135-square-foot building, currently at 42% occupancy

During first-quarter 2017, five buildings totaling 57,055 square feet were completed in the Charleston/North

Charleston market area.  This compares to four buildings totaling 26,307 square feet in the previous quarter.

Vacant sublease space, on the other hand, declined significantly, down to 27,150 square feet in the first-quarter 2017 from 41,088 square feet in the previous quarter.

Rental rates continued to rise across the market, reaching a record high of $21.31/SF in the first-quarter 2017.  Buildings across all classes demanded all-time-high rates.  Class A buildings quoted rates of $30.41/SF, while Class B Buildings quoted $18.96/S.

The largest least signings over the quarter included:

  • The 19,515-square-foot lease signed by The Salvation Army at 6209 Rivers Avenue in the North Charleston market
  • The 12,736-square-foot lease signed by Cornerstone Wealth Advisory at 8550 Dorchester Road in the Dorchester County market
  • The 6,854-square-foot lease signed by Sweetgrass Pediatrics at Sweetgrass Pediatrics Park West in the Mount Pleasant Market

The Charleston industrial market saw its overall vacancy rate hit a record low of 5.5% in the first quarter of 2017, down from 6.6% in the previous quarter.  At the same time, rental rates continued to rise, with quoted rates across the market clocking in at $5.66/SF.  Flex rates were up to $15.48/SF from $13.12/SF in the previous quarter, while warehouse rates increased to $5.17/SF from $4.99/SF over the same time period.

Six buildings totaling 292,002 square feet were completed in the Charleston/North Charleston market area during the first-quarter 2017.  This compares to four buildings totaling 504,010 square feet completed in fourth-quarter 2016.  Despite reporting lower numbers, there were still 6.8 million square feet of industrial space under construction at the end of the first-quarter 2017, so expect to see a healthy number of deliveries in the coming year.

Notable deliveries thus far in 2017 included:

  • Airport Commerce Center, Building 300, a 100,000-square-foot facility that currently boasts 100% occupancy
  • Google Data Center, an 82,505 square-foot building that is also currently 100% occupied

The largest lease signings during 2017 included:

  • The 50,000-square-foot lease signed by The Inspectors, LLC at Berchtold in the North Charleston market
  • The 39,000-square-foot de4al signed by Chadwell Supply South Carolina at Crosspoint Building 5 in the North Charleston market
  • The 36,000-square-foot lease signed by Texene, LLC at 315 Industrial Drive in the Dorchester County market

 

To view full reports for Charleston, Greenville and Columbia please visit www.wilsonkibler.com/research.

 

About Newmark Grubb Wilson Kibler

Newmark Grubb Wilson Kibler is a full-service commercial real estate company with offices in Columbia, Charleston, Greenville, and Myrtle Beach, South Carolina.  Our firm provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, project leasing, acquisition and disposition, property management, development and consultation.  Each of these services is staffed by highly regarded professionals focused on providing value for our clients throughout all phases of our assignments.  Our firm is an Accredited Management Organization and our professionals hold prestigious designations including CCIM, CPM and SIOR.

For further information visit www.wilsonkibler.com.

 

Vacancy Down in Columbia’s Office & Industrial Real Estate Markets

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Columbia, S.C. (April 24, 2017) – Newmark Grubb Wilson Kibler, a leading real estate services firm, has released its market reports for first-quarter 2017.  Columbia’s industrial and office real estate markets showed lower vacancy rates over the previous quarter, reflecting a healthy market overall.

The Columbia office market vacancy fell to 6.5% during first-quarter 2017- the lowest rate the market has seen in a decade.

Rental rates remained steady during the first quarter, with a mere 0.1% increase from $15.79/SF from $15.78/SF at the end of the fourth-quarter 2016.  The Class A sector boasted rates of $20.78/SF, while Class B rates held strong at $14.96/SF and Class C at $13.27/SF.  North Columbia led across classes with the highest rental rates in the market, averaging $23.13/SF.

One building was delivered during first-quarter 2017, totaling 2,500 square feet.  This compares to one building totaling 4,300 square feet completed in fourth-quarter 2016.  74,460 square feet of office space remained under construction in the Columbia market by the end of the quarter.

The largest lease signings occurring in 2017 included:

  • The 5,306-square-foot lease signed by Midlands Montessori School, LLC at Gibson Commons in the Lexington market
  • The 4,000-square-foot deal signed by The Body Shop at 1720 Dutch Fork Road in the Dutch Fork/Irmo market
  • The 3,000-square-foot lease signed by Five Eleven, Inc. at 1 Windsor Cove in the Northeast Columbia market

The Columbia industrial market vacancy also fell this quarter, from 8.0% in fourth-quarter 2016 to 7.2% first-quarter 2017.  Absorption for the overall Columbia industrial market, including flex and warehouse space, was positive 519,065 square feet.  This reflects a tightening industrial market nationwide, as retailers and logistics companies are moving to occupy warehouses across the country to ensure online orders reach customers as quickly as possible.

Combined flex and warehouse rates in the Columbia market declined slightly in first-quarter 2017 to $3.90/SF, down from $3.93/SF in the previous quarter.  In fact, rates are currently at a two-year low after reaching a high of $4.35/SF in first-quarter 2015.  Flex space rental rates dropped to $6.48/SF this quarter from $8.08/SF in fourth-quarter 2016.  Warehouse rates fell slightly to $3.65/SF from $3.69/SF during the same time period.

The largest lease signings occurring thus far in 2017 included:

  • The 32,000-square-foot lease signed by Bridgestone at 1080 Shop Road in the Southeast Columbia market
  • The 12,500-square-foot deal signed by American Foam Products at 1000 Fontaine Road in the Northeast Columbia market
  • The 7,239-square-foot lease signed by Metro Treatment of South Carolina at 560 Chris drive in the Cayce West Columbia market

 

To view full reports for Charleston, Greenville and Columbia please visit www.wilsonkibler.com/research.

 

About Newmark Grubb Wilson Kibler

Newmark Grubb Wilson Kibler is a full-service commercial real estate company with offices in Columbia, Charleston, Greenville, and Myrtle Beach, South Carolina.  Our firm provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, project leasing, acquisition and disposition, property management, development and consultation.  Each of these services is staffed by highly regarded professionals focused on providing value for our clients throughout all phases of our assignments.  Our firm is an Accredited Management Organization and our professionals hold prestigious designations including CCIM, CPM and SIOR.

For further information visit www.wilsonkibler.com.

SCDOT Chairman Speaks on the Condition of SC Roads

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SCDOT Chairman Speaks on the Condition of SC Roads

Columbia, S.C. (March 15, 2017) – Chairman of the South Carolina Department of Transportation (SCDOT), Woodrow “Woody” Willard, spoke today at Newmark Grubb Wilson Kibler’s offices in Columbia on the condition of South Carolina’s roads and the Department’s current goals for addressing roadway conditions.

Willard says the current state of South Carolina’s roadways leaves little room for errors and contributes to unnecessary traffic fatalities and traffic-related injuries each year.  According to the Institute on Highway Safety, South Carolina ranked second only to Wyoming in the number of traffic related deaths per population in 2015 (20 deaths per 100,000 people).

Willard went on to outline SCDOT’s plans to address roadway issues.  He said rural roads are the site of the majority of traffic-related deaths and injuries in the state, and the Department has prioritized repairing those areas.  Other areas of focus, include:

  • Increasing Resurfacing Programs statewide
  • Widening roads along South Carolina’s freight network, both on and off of the interstate
  • Increasing routine maintenance in order to address the backlog of deferred day-to-day needs of the system
  • Replace structurally deficient bridges
  • Improve transit to move people more efficiently

Unfortunately, these programs are costly, and Willard estimated SCDOT would need an additional $1 billion annually to address South Carolina’s roadway deficits entirely.  They would need an additional $800 million to bring 55% of roadway pavements to what they call “good” condition.

 

About Wilson Kibler

Newmark Grubb Wilson Kibler is a full-service commercial real estate company with offices in Columbia, Charleston, Greenville, and Myrtle Beach, South Carolina.  Our firm provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, project leasing, acquisition and disposition, property management, development and consultation.  Each of these services is staffed by highly regarded professionals focused on providing value for our clients throughout all phases of our assignments.  Our firm is an Accredited Management Organization and our professionals hold prestigious designations including CCIM, CPM and SIOR.

 

 

Anne Armstrong

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anne-armstrong_print

Accounting Administrator

Newmark Wilson Kibler
1111 Laurel Street
Columbia, SC 29201
anne.armstrong@wilsonkibler.com
T 803.779.8600

Professional Background

Anne Armstrong joined Newmark Wilson Kibler in 2016 as the Assistant Administrator for the Columbia office and has since moved into the role of Accounting Administrator. Prior to Newmark Wilson Kibler, Ms. Armstrong completed an internship at the Mayo Clinic.

Education

Ms. Armstrong graduated from Clemson University with a Bachelor of Science in food science, with a concentration in nutrition and a minor in psychology. Ms. Armstrong also has a Masters in nutrition from the University of Georgia.

Laura Beaulieu

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Administrative Assistant

Newmark Wilson Kibler
1111 Laurel Street
Columbia, SC 29201
T 803.779.8600

Professional Background

Laura Beaulieu joined Newmark Wilson Kibler as an administrative assistant in 2017.  She has 10 years of experience in real estate and 2 years of experience in insurance.

Education

Ms. Beaulieu attended Ashford University where she studied alternative medicine.

Henry H. “Hank” Beckham, Jr.

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Managing Director

Newmark Wilson Kibler
1629 Meeting Street Road, Suite 6
Charleston, SC 29405
hbeckham@wilsonkibler.com | Download vCard
T 843.881.8660

View Hank’s Listings

Areas of Specialization

  • Retail and Office Sales and Leasing
  • Investment Sales

Professional Background

Hank joined Newmark Wilson Kibler in January of 2011. He is the Broker-in-Charge of the Charleston office. Hank has been concentrating on retail leasing and sales in the coastal areas of South Carolina and North Carolina, as well as office leasing and sales and investment sales. A graduate of the College of Charleston, Hank moved back to Mount Pleasant after working as a Real Estate Appraiser with his family’s real estate appraisal business in Myrtle Beach, SC. Hank is working toward his CCIM designation.

Hank’s extensive roster of memberships and honors include:

  • South Carolina Real Estate Commission, Salesman
  • International Council of Shopping Centers (ICSC)
  • Charleston Metro Chamber of Commerce member
  • Maritime Association of South Carolina member

Education

Hank graduated from the College of Charleston with a bachelor of science degree in philosophy.

Kirstie Bodnar

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Kirstie Shannon

Lease Administator

Newmark Wilson Kibler
1111 Laurel Street
Columbia, SC 29201
kbodnar@wilsonkibler.com
T 803.779.8600

Areas of Specialization

  • Leasing
  • Accounting

Professional Background

Originally from the Upstate, Kirstie moved to Columbia in May of 2014, and began her career with Wilson Kibler the following September by working in reception.  In January of 2015, she joined the company full time as Lease Administrator.

In addition to assisting the accounting department, Kirstie is responsible for maintaining leases, as well as listing agreements, and helping agents in various day to day operations.

Education

Kirstie graduated from Clemson University with a Bachelor of Science in Agricultural Education with an emphasis on Leadership.

Det Bowers

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President

Newmark Wilson Kibler
1111 Laurel Street
Columbia, SC 29201
det.bowers@wilsonkibler.com
T 803.779.8600

Professional Background

Det Bowers joined Newmark Wilson Kibler in May of 2016. Prior to joining Wilson Kibler, Mr. Bowers served as a licensed attorney practicing in Federal, State and Municipal Courts. Other business involvements have included real estate development, retail development and operations, agribusiness, forestry products, outdoor advertising and insurance.

Born in Estill, South Carolina and married to his high school sweetheart, Polly, Mr. Bowers and his wife now reside in Columbia and have three sons, three daughters-in-law and six grandchildren.

Education

Mr. Bowers earned a Bachelor of Arts degree in government from Wofford College (Magna Cum Laude and Phi Beta Kappa), a Doctorate in Jurisprudence from The University of South Carolina School of Law, and a Masters of Divinity from Columbia International University.

William A. “Bill” Bunch

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Senior Associate

Newmark Wilson Kibler
1111 Laurel Street
Columbia, SC 29201
bbunch@wilsonkibler.com | Download vCard
T 803.779.8600

View Bill’s Listings

Areas of Specialization

  • Office, Retail and Multifamily Investment Properties
  • Recreational Land  and Timberland Investment Sales
  • Retail Site Selection

Professional Background

Bill Bunch joined Newmark Wilson Kibler in 2010 and has over 25 years of experience in the Commercial Real Estate business. Bill is active in the Office and Retail Investment market as well as the Multifamily redevelopment market. He has experience with PUD development for Mixed-Use Development tracts and the associated negotiations for rezoning, S.C. DOT requirements, engineering and infrastructure improvements.

Bill is also active in the sale of Recreational Land Tracts and Timberland Investment Tracts and has extensive experience with the Conservation Easements and their potential role in land stewardship.He has 30 years of experience in the management of land tracts for recreational purposes and game management, as well as timber management and pine straw production and harvesting.

Mr. Bunch’s community involvements include:

  • Congaree Land Trust, Founding Board Member
  • University of South Carolina Colon Cancer Center, Advisory Board Member

Education

Mr. Bunch graduated from Wofford College and did post graduate work in Economics at The University of South Carolina.

Hannah Bunge

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Administrative Assistant

Newmark Wilson Kibler
1111 Laurel Street
Columbia, SC 29201
T 803.779.8600

Professional Background

Hannah Bunge joined Newmark Wilson Kibler in 2017 as an administrative assistant in the firm’s Columbia office.

Education

Ms. Bunge attended Midlands Technical College where she studied health science.

Alyse Cousins

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alyse-cousins_print

Marketing & Research Director

Newmark Wilson Kibler
1111 Laurel Street
Columbia, SC 29201
alyse.cousins@wilsonkibler.com
T 803.779.8600

Professional Background

Alyse Cousins joined Newmark Wilson Kibler in 2016 as the marketing director for the firm’s five offices, located in Columbia, Charleston, Greenville, Rock Hill and Myrtle Beach, South Carolina. Ms. Cousins enjoys applying her strong background in marketing and public relations to the commercial real estate industry.

Prior to Newmark Grubb Wilson Kibler, Ms. Cousins served as a senior program consultant at Vision Property Management.

Education

Ms. Cousins earned a Bachelor of Arts degree in public relations from the University of South Carolina.

Coleman Davis

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Coleman-Davis

Senior Associate

Newmark Wilson Kibler
1111 Laurel Street
Columbia, SC 29201
cdavis@wilsonkibler.com
T 803.255.8653

View Coleman’s Listings

Areas of Specialization

  • Office
  • Retail
  • Land

Professional Background

Coleman started his career at Newmark Wilson Kibler in 2014 in Client Services, including administration, insurance, research and property management and has transitioned into brokerage. He is a Columbia native. After graduating from the College of Charleston, Coleman worked with the Urban Land Institute on the Midland’s Reality Check Project, where 300 participants from the region collaborated to plan growth over the next 30 years. He specializes in office and retail leasing and sales, as well as investments.

Colemans’s roster of memberships and honors include:

  • Trinity Cathedral member and basketball coach (11th grade)
  • The Urban Land Institute, Member
  • South Carolina Real Estate Commission, Salesman
  • CCIM Candidate

Education

Coleman graduated from the College of Charleston with a bachelor of arts degree in Political Science, minoring in Geography.

J. Michael “Mike” Edwards

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Senior Associate, Principal

Newmark Wilson Kibler
1111 Laurel Street
Columbia, SC 29201
mikeedwards@wilsonkibler.com | Download vCard
T 803.779.8600

View Mike’s Listings

Areas of Specialization

  • Retail & Office Brokerage & Leasing

Professional Background

With approximately twenty years experience in commercial real estate, Mike specializes in retail and office brokerage and leasing. He has been successful in office and retail site sales and development, re-development and sale of historic properties, shopping center sales and leasing.

Education

Mr. Edwards graduated from the University of Illinois.

William Gregg

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Property Manager

Newmark Wilson Kibler
1111 Laurel Street
Columbia, SC 29201
wgregg@wilsonkibler.com
T 803.255.8654

Areas of Specialization

  • Retail Property Management
  • Office/Flex Property Management

Professional Background

William Gregg joined Newmark Wilson Kibler in 2017 as a property management associate.  Mr. Gregg previously served as a residential sales and leasing agent for a Columbia-based property management firm. Before starting a career in property management, Mr. Gregg worked as a business systems analyst for Blanchard Machinery Company.

Mr. Gregg’s roster of memberships and honors include:

  • Salesman, South Carolina Real Estate Commission
    • IASSC Certified Lean Six Sigma Black Belt, International Association for Six Sigma Certification (IASSC)
  • Member, Columbia Museum of Art

Education

Mr. Gregg earned a master’s degree in accounting from the University of South Carolina. He previously earned a Bachelor of Arts degree in business from that university, where he had double-majored in finance and accounting.

Taylor Hall

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Associate

Newmark Wilson Kibler
101 East McBee Avenue
Greenville, SC 29601
taylor.hall@wilsonkibler.com | Download vCard
T 864.679.8600
C 803.960.2972

View Taylor’s Listings

Areas of Specialization

  • Site Selection
  • Investment Sales
  • Land Sales

Professional Background

Taylor is an associate in the Greenville Newmark Wilson Kibler office and has spent time in the Columbia and Charleston offices. He has been involved with all asset classes across these markets and currently focuses on site selection, investments sales, and land sales.

Prior to joining Newmark Wilson Kibler, Taylor worked in the U.S. House of Representatives in several management and public policy roles.

Education

Taylor is a graduate of Clemson University with a degree in Political Science and minor in Business Administration. He is a member of the Urban Land Institute (ULI), International Council of Shopping Centers (ICSC), and currently pursuing a Masters of Real Estate Development at Clemson University.

Alex Irwin

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Senior Associate

Newmark Wilson Kibler
1629 Meeting Street Road
Suite 6
Charleston, SC 29405
airwin@wilsonkibler.com | Download vCard
T 843.881.8660

View Alex’s Listings

Professional Background

Alex Irwin joined Newmark Wilson Kibler in September 2013. An original member of the Charleston office, Mr. Irwin has been heavily responsible for the rapid development and growth of the company’s business in the Greater Charleston market.  He focuses on office tenant representation as well as industrial and land sales and leasing.

Clients and customers include Anchor Center, Frothy Beard Brewery, Garda, Kinder Morgan, PODS, Private Bank of Buckhead, Saddle Creek Logistics, Sea Fox Boats, Shades of Charleston, Southeastern Freight Lines, Sunbelt Rentals and Thermo King.

Mr. Irwin’s roster of memberships and honors include:

  • South Carolina Real Estate Commission, salesman
  • Charleston Metro Chamber of Commerce
  • Maritime Association of South Carolina
  • The Propeller Club of Charleston
  • Porter Gaud Boys Varsity Basketball, Assistant Coach
  • Leadership Charleston, Class of 2016

Education

Mr. Irwin graduated from the University of South Carolina, where he was a student-athlete on the basketball team. He graduated with a Bachelor of Science in Business Administration degree, majoring in Business Economics. Mr. Irwin is working towards his LEED, SIOR, and CCIM designations

Jennie Joseph

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Business Operations Manager, Principal

Newmark Wilson Kibler
1111 Laurel Street
Columbia, SC 29201
jjoseph@wilsonkibler.com | Download vCard
T 803.779.8600

Areas of Specialization

  • Accounting & Office Management

Professional Background

Jennie has been with Newmark Wilson Kibler since 1999. With 23 years of accounting and office management experience, along with several years in property management, Jennie has proven to be an asset to the company.

H. Haskell Kibler, CPM, LEED GA

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Asset Manager

Newmark Wilson Kibler
1111 Laurel Street
Columbia, SC 29201
hkibler@wilsonkibler.com | Download vCard
T 803.779.8600

View Haskell’s Listings

Areas of Specialization

  • Retail and Office Management

Professional Background

Haskell Kibler serves as an asset manager in the Columbia, South Carolina, office of Newmark Grubb Wilson Kibler. Mr. Kibler brings to his position extensive experience in the management of retail and office facilities. His expertise includes the financial accounting of multi-tenant buildings, facilities supervision and tenant retention. Prior to joining Newmark Grubb Wilson Kibler, Mr. Kibler was employed with Wells Fargo Bank in Charlotte, North Carolina.

Mr. Kibler’s extensive roster of memberships, honors and designations include:

  • President-elect, Institute of Real Estate Management (IREM®) Chapter 72
  • Member, International Council of Shopping Centers (ICSC)
  • Member, U.S. Green Building Council (USGBC)
  • Member, South Carolina Chamber of Commerce Small Business Council
  • Past president, Columbia Museum of Art Contemporaries
  • Certified Property Manager® (CPM®), Institute of Real Estate Management
  • LEED Green Associate, U.S. Green Building Council (USGBC)
  • Licensed real estate broker, states of South Carolina and North Carolina
  • Candidate member, Certified Commercial Investment Member (CCIM)

Education

Mr. Kibler earned a Bachelor of Arts degree in history from Hampden-Sydney College.

Lee Marsha

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Senior Associate

Newmark Wilson Kibler
1111 Laurel Street
Columbia, SC 29201
lee.marsha@wilsonkibler.com
T 803.779.8600

Areas of Specialization

  • Industrial Leasing/Sales
  • Site Location & Development
  • Land Acquisition & Development
  • Facility Adaptation
  • Logistics/Freight Terminals
  • Warehousing/Distribution
  • Manufacturing – Supply/Delivery
  • Automotive & Related Fields

Lee Marsha joined Wilson Kibler, South Carolina’s exclusive Newmark Grubb Knight Frank affiliate, in 2015, bringing vast experience in all areas of commercial real estate.  Previously serving as managing director and Broker-in-Charge for two international firms: CBRE and Coldwell Banker Commercial, he recruited, trained and managed a number of currently active, top producing agents in Columbia, S.C.

Mr. Marsha is a senior broker and consultant.  He has traveled extensively, which has helped him forge relationships and build a network beneficial to his clients.  For nearly thirty years, Lee has represented, served, and advised tenants, buyers, landlords and sellers from around the world.

Lee’s extensive roster of memberships and honors include:

  • 2011 Costar Power Broker, Industrial Leasing
  • 2007 GCAR Circle of Excellence (Silver Level)
  • 2004 Directed CBRE/Cola to record productivity
  • Licensed Real Estate Broker in State of South Carolina
  • Volunteer, SC LLR Real Estate Continuing Education Pilot Courses – Subject Matter Expert – PSI Real Estate Exam Review and Test Development [30+ States] 2003-current
  • City of Columbia CPAC Appointee from 2011-2016, Co-chaired Land-Use/Development, Water/Air, and Recycling sub-committees
  • 2007 Graduate of Leadership Columbia (Chamber of Commerce)
  • 2001 Philmont B.S.A. Ranch (trek with son, at 46 yrs of age)
  • Northeast Presbyterian Church ( Deacon, Choir Member)
  • St Jude Children’s Research Hospital – Marsha Family Endowment
  • Past Board Member of Meals on Wheels, Senior Resources
  • B.S.A. Past Asst. Scoutmaster, Troop 10, Indian Waters Council

Education

Mr. Marsha is a graduate of A.C Flora High School in Forest Acres. He furthered his education while studying textile technology at North Carolina State University in Raleigh, humanities at the University of South Carolina in Columbia, and business administration at the University of Georgia in Athens

George T. McCutchen, III, CCIM, SIOR

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Senior Associate, Principal

Newmark Wilson Kibler
1111 Laurel Street
Columbia, SC 29201
gmccutchen@wilsonkibler.com | Download vCard
T 803.779.8600

View George’s Listings

Areas of Specialization

  • Industrial
  • Land
  • Investment Properties

George attained membership in the prestigious Society of Industrial and Office Realtors in 2010. SIOR represents today’s most knowledgeable, experienced, ethical, and successful commercial real estate brokerage specialists. George has also been a Certified Commercial Investment Member since 2007.

George is a member of Newmark Knight Frank’s elite Global Corporate Services, which provides strategy, operations and real estate in one integrated platform. The best of management consulting and the real estate advisory built on a foundation of best-in-class technology.

Clients include Walmart, Coca-Cola, Subway, American Recycling, Knology, Garlock Helicoflex, TD Bank, 1400 Atlas Properties, LLC (former Boozer Lumber Complex), Phoenix Partners, Deborah Dillon – Fidelity Mutual Life Insurance Company former director of real estate, QualServ, Kirkland, Thomas, Watson & Dyches, CPA’s, Baker, Ravenel and Bender, LLP Law Firm, Allied Van Lines, Owen Steel, Insurance Auto Auctions, TMC Transportation, First Citizens Bank, SC Bank & Trust, Realty Income, Allstate Insurance, and Capital Investment Group.

George joined Newmark Wilson Kibler in 2004 after a successful career as a Certified Financial Planner. He received many honors and accolades while serving as a Senior Financial Advisor such as: Million Dollar Round Table – 1998-2002; President’s Cabinet – 2002; President’s Conference – 1999; Pinnacle Club – 2001; Vincent Bowers Quality Award – 1999.

George’s extensive roster of memberships and honors include:

  • Society of Industrial and Office Realtors (SIOR)
  • Certified Commercial Investment Member (CCIM)
  • Certified Financial Planner (CFP)
  • 2015 Top Producer for South Carolina at Wilson Kibler
  • 2014 CoStar Power Broker Award winner for Top Industrial Leasing Broker
  • LEED Green Associate
  • Oliver Gospel Mission, 2008 Chairman of the Board
  • Leadership of Columbia, Class of 2000
  • Eastminster Presbyterian Church, Elder 2001-2004 and 2012-2014, Deacon 1998-2000

Education

George is a graduate of Clemson University with a bachelor of science in financial management with a real estate focus area and a minor in accounting.

John Mills

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Associate

Newmark Wilson Kibler
1111 Laurel Street
Columbia, SC 29201
john.mills@wilsonkibler.com
T 803.779.8600

View John’s Listings

 

Professional Background

John joined Newmark Wilson Kibler in 2016 and focuses primarily on retail tenant representation, landlord representation, site selection and market analysis. He is a native of Columbia and attended Hammond School and the University of the South.

Prior to Wilson Kibler, John worked in property management for Kitchens Management Company. John also has experience as a clerk at Bell Carrington and Price, LLC, a local law firm with a focus in real estate.
Mr. Mills’ extensive roster of memberships and honors include:

  • South Carolina Real Estate Commission, Salesman
  • International Council of Shopping Centers (ICSC), Member
  • Shandon United Methodist Church, Member
  • Columbia Museum of Art Contemporaries, Member

Education

Mr. Mills graduated from the University of the South with Bachelor of Arts Degree in History.

About Us

Wilson Kibler, Inc. was formed in 1987 and quickly grew into one of the largest real estate service companies in South Carolina. In 2012 the company partnered with Newmark Grubb Knight Frank and has continued to expand throughout the state. Learn More

Our Memberships

We’ll find the property you’ve been searching for.

Newmark Grubb Wilson Kibler is a full-service commercial real estate company with four locations throughout the state of South Carolina. Our firm provides a broad range of commercial real estate services including tenant and buyer representation, investment sales, project leasing, acquisition and disposition, property management, development and consultation and global corporate services.

 

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Our Office Locations

Columbia

1111 Laurel St.
Columbia, SC 29201
T (803) 779.8600 


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Charleston

1629 Meeting Street Rd.
Suite 6
Charleston, SC 29405
T (843) 881.8660

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Greenville

101 East McBee Ave.
Greenville, SC 29601
T (864) 679.8600

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Myrtle Beach

1701 Oak Street
Suite 209
Myrtle Beach, SC 29577
T (843) 946.7100


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