Atlas Commerce Center Breaks Ground in Charleston

Warren Zinn — Mon, 28 Sep 2015 19:26:08 +0000

A Miami-based real estate developer has started clearing land on a 12-acre tract in Palmetto Commerce Park in North Charleston for its new Atlas Commerce Center.

The first of two 67,500- square-foot speculative warehouses is set for completion by March, said Warren Zinn, president of Atlas Capital Group. Depending on leases, the second building will follow with completion set for no later than November 2016.

“Charleston is an attractive market,” Zinn said, referring to Boeing’s growth and automakers Daimler and Volvo Cars each planning to build $500 million auto-manufacturing plants in the Lowcountry.

The buildings are being designed to be subdivided into as many as nine 7,500-square-foot units each because Zinn believes the demand in Charleston doesn’t always require cavernous warehouses.

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Charleston’s commercial real estate market ‘on fire’

Warren Zinn — Mon, 25 May 2015 19:09:13 +0000

In a recent article Warren Wise of the Charleston Post and Courier notes that the Industrial Real Estate market is booming and their is a strong demand for new industrial space. “The market is on fire, and there is no inventory,” said Alan Bolduc, who specializes in warehouses and types of industrial real estate at the local office of Avison Young. “It’s a very, very challenging market right now. We are becoming extremely busy with inquiries from 5,000 square feet to 150,000 square feet. The inventory is almost nonexistent. Some of the bigger boxes are coming out of the ground, so we are going to satisfy some of that demand.”

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Atlas Commerce Center » Atlas Commerce Center | » Warren Wise

Atlas Commerce Center Breaks Ground in Charleston

Charleston’s commercial real estate market ‘on fire’