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Atlas Commerce Center is pleased to announce that is has executed a lease with Belimed Inc., for 22,500 SF located in Phase 1 of its project at 8351 Palmetto Commerce Parkway in North Charleston, South Carolina. “We are looking forward to moving a portion of our Charleston based business to Atlas Commerce Center,” said Joseph McDonald, Belimed President, “this will enable us to support the growth we are currently experiencing in the U.S. market.”  Belimed is one of the leading global suppliers of innovative cleaning, disinfection and sterilization solutions for Medical and Life Science. Atlas Commerce Center is comprised of two 67,500 SF dock height warehouse buildings and is Charleston’s newest Class A warehouse space. “We are thrilled to welcome Belimed to our growing roster of tenants,” said Warren Zinn, the Developer of Atlas Commerce Center, “as a leader in its field with locations worldwide, they were a natural fit for the project.”

Alan Bolduc, CCIM, SIOR of Avison Young commercial real estate represented the Landlord, Kalulo Development, LLC and Markus H. Kastenholz of CBRE represented the Tenant Belimed, Inc.

The application to fill about 18 acres of wetlands at the company’s site in Palmetto Commerce Park also provides new details about plans to build a $500 million manufacturing facility to make the popular Sprinter vans, with the first phase scheduled for completion in 2018.

In addition to a revamped assembly facility, which will become a full-fledged manufacturing plant rather than a reassembly site, Mercedes-Benz previously announced plans to build a new paint shop and body shop at 8501 Palmetto Commerce Parkway.

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When the warehouse, a class “A” speculative building measuring 67,500 square feet, is completed, it will also include a second 67,500 square-foot structure.

“Atlas Commerce Center aims to serve a niche group of businesses who need space ranging from 7,500 to 67,500 square feet, but who still demand the same high level of quality and features usually reserved for much larger users,” Atlas Capital Group Inc. Principal Warren Zinn said. “The tilt-up building incorporates modern design with functionality, including some features such as 30-foot clear ceilings, large truck aprons, multiple dock doors per bay and high parking ratios.”

Volvo Cars announced plans in May to build an automotive campus on a site in Berkeley County. Construction will begin on the $500 million plant this year. Roughly 2,000 employees will be producing cars by 2018, according to Volvo officials. The dearth of inventory means new development is required, as large manufacturers and their suppliers are in need of industrial spaces.

The maritime agency’s Charleston-area terminals handled 96,166 boxes of imported and exported goods for the month. Business is up 15 percent since the SPA’s fiscal year began July 1 to nearly 900,000 containers.

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Volvo announced today that its first plant in the U.S. will be in Berkeley County, just 20 miles up the road from Atlas Commerce Center and Palmetto Commerce Park. Volvo’s $500 million investment in the plant could create as many as 4,000 jobs over the next decade and is estimated to have an economic impact on the area of $4.8 Billion. The plant will be built at the Camp Hall Commerce Park along U.S. 26 near Ridgeville. Construction will begin in Autumn of 2015, with the first vehicles expected to roll off the assembly line in 2018.

According to a recent study by CBRE, the Port of Charleston is the nation’s fastest-growing seaport. Since 2009, Charleston’s cargo volume has grown 52% compared with 25% growth at ports in the rest of the country. This is due in large part to South Carolina’s manufacturing boom which includes the likes of BMW, Westinghouse, Daimler and tiremakers Goodyear and Giti. The port is also midway through a $2 billion capital improvement program which involves deepening of the harbor, highway improvements and the construction of a new terminal.