Veteran-Owned and Operated Hot Sauce Company Expanding in Columbia
Columbia, SC (January 7, 2018) – Smoke Hall Foods L3C, the veteran-owned and operated parent company of The General’s Hot Sauce, has announced it will relocate its business headquarters from 804B S. Edisto Ave to 2651 Shop Rd. in Columbia.
The General’s Hot Sauce produces all-natural, small batch, award-winning hot sauces using exclusively American-made ingredients, according to the company’s website, which says the company’s primary objectives include creating jobs for veterans and supporting American farmers. The General’s Hot Sauce donates a meaningful percentage of its profits to organizations that support American Veterans, troops and their families.
“Although we’ll always have agricultural roots in Louisiana, our business and bottling operations have always been based in South Carolina,” said CEO Dan Ballister. “We’re growing quickly, and we need more space not only for warehousing a larger overall business operation, but also to support pepper processing here in South Carolina given our recent partnership with Rawl Farms in Lexington. We could not be more excited to plant our flag a little deeper in the Palmetto state.”
William Mills of Wilson Kibler and Mason Harpe of HR Developers, LLC represented the tenant in the 3,500-square-foot lease.
Newmark Grubb Wilson Kibler brokers sale of 23,000-square-foot warehouse to ShayoNano USA, Inc.
Columbia, SC (September 6, 2018) – Newmark Grubb Wilson Kibler’s George McCutchen, CCIM, SIOR represented the seller in the recent sale of 23,000 square feet at 564 Ecology Ln. to ShayoNano USA, Inc. The 22-acre campus will house SayoNano’s new Chester county operations.
ShayoNano develops nanomaterials for use in various commercial applications, including paints and coatings, fire retardants and more. The company’s $14.7 million capital investment is projected to bring approximately 40 new jobs to the community.
“It brings tremendous satisfaction to help a company expand to South Carolina and create jobs, which increase the well-being of those workers, their families, and our whole state,” said McCutchen of the recent sale.
About Wilson Kibler
Newmark Grubb Wilson Kibler is a full-service commercial real estate company with offices in Columbia, Charleston, Greenville, Rock Hill and Myrtle Beach, South Carolina. Newmark Grubb 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 Grubb 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.
Wesley Shull Joins Newmark Grubb Wilson Kibler as a Property Manager
Columbia, S.C. (August 30, 2018) – Newmark Grubb Wilson Kibler announced today that Wesley Shull has joined its Columbia office as a property manager. Shull 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 Grubb Wilson Kibler, Shull served as property manager at Carolina Walk Condominiums. Shull worked as a machine operator at Michelin prior to starting his career in property management.
“We are pleased to have Wesley join our Property Management team in the Columbia office. His industrious background, attention to detail and strong work ethic make him a natural fit for our team.” Haskell Kibler, CPM, LEED GA said in a statement. Kibler serves as Newmark Grubb Wilson Kibler’s asset manager for the firm’s six statewide offices.
About Wilson Kibler
Newmark Grubb Wilson Kibler is a full-service commercial real estate company with offices in Columbia, Charleston, Greenville, Rock Hill and Myrtle Beach, South Carolina. Newmark Grubb 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 Grubb 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.
Base 10 Fitness Relocating to Rosewood
Columbia, SC (April 25, 2018) – Base 10 Fitness is relocating its current Columbia location at 1055 Market Rd. to 2917 Rosewood Dr., according to commercial real estate firm Newmark Wilson Kibler.
Co-owner’s Megan & Brandon Keatley opened Base 10 in Columbia in 2014 after publishing a best-selling nutrition cookbook, “Primal Cravings: Your Favorite Foods Made Paleo.” According to the company’s website, Base 10’s personal training sessions focus on the following 10 physical skills: cardiovascular/respiratory endurance, stamina, strength, flexibility, power, speed, coordination, agility, balance and accuracy.
Newmark Wilson Kibler’s William Mills and Bill Ratteree represented the landlord in the transaction.
“It’s always exciting to be a part of a relocation that will bring so much value to the local community,” said Mills, “Base 10 will be an excellent addition to the Shandon neighborhood.”
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 in Sale of Butler Road Office Building
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.
Newmark Wilson Kibler recognized with CoStar Power Broker Awards
Newmark Wilson Kibler Recognized with CoStar Power Broker Awards
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
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
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
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
Capital Waste Services announces plans to expand to Southeast Columbia
Newmark Wilson Kibler Represents Buyer of Forest Executive Plaza in $1.92 Million Sale
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.
Report forecasts continued rise in rental rates, driven by job growth
Capital Waste Services Announces Plans to Expand to Southeast Columbia
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
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
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
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.
Shop Road site sold for $2.3 million
Newmark Wilson Kibler Aids Charlotte Contractor’s Expansion with $1.7 Million Sale at 1450 Bluff Road
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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Speculative Construction on the Rise in Lowcountry Industrial Market
Newmark Grubb Wilson Kibler Releases Quarterly Market Report
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
Vacancy Down in Columbia’s Office & Industrial Real Estate Markets
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
SCDOT Chairman Speaks on the Condition of SC Roads
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
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
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.
Managing Director
Newmark Wilson Kibler
1629 Meeting Street Road, Suite 6
Charleston, SC 29405
hbeckham@wilsonkibler.com | Download vCard
T 843.881.8660
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
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
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
Senior Associate
Newmark Wilson Kibler
1111 Laurel Street
Columbia, SC 29201
bbunch@wilsonkibler.com | Download vCard
T 803.779.8600
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
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.
Robert Carter
Senior Associate
Newmark Wilson Kibler
101 East McBee Avenue
Greenville, SC 29601
rcarter@wilsonkibler.com
T 864.679.8600
Areas of Specialization
- Office Leasing & Sales
Professional Background
Robert Carter began his commercial real estate career at Newmark Wilson Kibler in 2009, gaining sales and leasing experience in the office, industrial and REO sectors. He returned to the firm in 2018 to focus on office leasing and sales. In the interim, Mr. Carter obtained his Master of Business Administration degree in 2016. He then served as an associate at RealOp Investments in Greenville, South Carolina, where he underwrote more than $100 million of Southeastern office and industrial properties. An avid real estate investor, Mr. Carter also manages a portfolio of income-producing cropland in the Midwest.
Education
Mr. Carter earned his Master of Business Administration degree from the University of Southern California’s Marshall School of Business and his bachelor’s degree in biology from the University of South Carolina. He also attended Duke University.
Coleman Davis
Senior Associate
Newmark Wilson Kibler
1111 Laurel Street
Columbia, SC 29201
cdavis@wilsonkibler.com
T 803.255.8653
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
Senior Associate, Principal
Newmark Wilson Kibler
1111 Laurel Street
Columbia, SC 29201
mikeedwards@wilsonkibler.com | Download vCard
T 803.779.8600
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
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
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
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.
Alyse Howard
Marketing & Research Director
Newmark Wilson Kibler
1111 Laurel Street
Columbia, SC 29201
alyse.cousins@wilsonkibler.com
T 803.779.8600
Professional Background
Alyse Howard 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. Howard enjoys applying her strong background in marketing and public relations to the commercial real estate industry.
Prior to Newmark Grubb Wilson Kibler, Ms. Howard served as a senior program consultant at Vision Property Management.
Education
Ms. Howard earned a Bachelor of Arts degree in public relations from the University of South Carolina.
