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Medical District WestEdge Project

Tue, Jul 31st 2018 12:35 pm by Roy Parker Commercial Developments

Construction on what will be one of Charleston’s tallest multitenant office buildings in the metropolitan area commenced within WestEdge, a 60-acre, master-planned development adjacent to the city’s Medical District.

A joint venture that includes Atlanta-based Gateway Development and investor ELV Associates broke ground on 22 WestEdge, an eight-story office complex that will anchor the mixed-use development.

The office building will add vital medical office, research and lab components to the master-planned community that sits next to the Medical University of South Carolina, according to Michael Maher, chief executive of The WestEdge Foundation, Inc., the nonprofit sponsor of the overa...



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Downtown Charleston is Booming with High-End Multifamily Deliveries

Mon, Jul 30th 2018 12:14 pm by Roy Parker Real Estate Investing

The city of Charleston, SC takes pride in its historical foundation and has resisted development in the name of preservation. Until recently, that is.

Charleston has had an incredible multifamily construction boom, with plans set to double the current inventory downtown by the end of the year. All of this new construction has created opportunity for investors to add to the city’s limited selection of high-end multifamily housing, while simultaneously pushing rent growth in existing projects to historical highs.

In 2015, in an effort to increase economic development, the Charleston City Council moved forward with an incentive-based development program, identifying the Upper Peninsula as ...



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Nexton Square in Summerville

Thu, Jul 26th 2018 2:07 pm by Roy Parker Charleston Business News

New 140,000-Square-Foot Shopping to Welcome First Tenants in 2019

RealtyLink LLC, a real estate developer based in Greenville, SC, broke ground on Nexton Square, a shopping center development in Summerville, SC. The development, which will be located at the intersection of US Highway 17-A and Brighton Park Blvd., will contain 140,000 square feet of retail space. The developer originally acquired the 15.67-acre site in June 2017, according to CoStar data.

The development will serve as a hub to the Nexton residential development, featuring a mix of apartments and homes connected by walking and bike trails. Nexton Square plans to bring in more than 40 retailers and restaurants to the devel...



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Industrial Construction

Tue, Jul 24th 2018 12:00 pm by Roy Parker Real Estate Investing

Savannah Tops Nation for Industrial Construction

With construction ramping up, the Savannah Industrial market continues to lure developers to its rapidly growing port. The Savannah Port Logistics Center (SPLC) recently broke ground on 2.3 million square feet of logistics space over two buildings that are proceeding without an anchor tenant. The SPLC is the newest project from Atlanta-based Capital Development Partners.

The port city has experienced a boom in industrial warehouse space construction, and is looking to increase its existing inventory by more than 15 percent this year, or roughly 9.5 million square feet. This expansion of industrial space leads the nation as a percent of in...



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Your Next Investment: Single Family Homes

Tue, Jul 17th 2018 4:20 pm by Roy Parker Real Estate Investing

Wall Street Is Betting Big on Rentals

Investors are bullish that more Americans will choose to be renters, and they’re buying up even more single-family homes to make sure they are ahead of the trend. The number of homes purchased by major investors in 2017 was about 29,000, up 60 percent from the previous year, according to Amherst Capital Management LLC, a real estate investment firm. That is also the first time since 2013 that investors purchased more homes on an annual basis.
Investors are increasingly eyeing single-family homes over apartments. A rising number of apartments in recent years have increased vacancies and driven down rental yields. That has prompted investors to turn bac...



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Why Real Estate Investing Makes (Dollars and) Sense

Fri, Oct 13th 2017 1:47 pm by Roy Parker Real Estate Investing

Why Real Estate Investing Makes (Dollars and) Sense

 

INTRODUCTION

 

Turn on the television or scroll through Facebook, and chances are you’ll see at least one advertisement for a group or “guru” who promises to teach you how to “get rich quick” through real estate investing. The truth is, much of what they’re selling are high-risk tactics that aren’t a good fit for the average investor. However, there is a way to make steady, predictable, low-risk income through real estate investing. In this blog post, we’ll examine the tried-and-true tactics that can be used to increase your income, pay off debt … even fund your retirement!

 

 

WHY INVEST IN REAL ESTATE?

 

One of the basic pri...




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Increase Your Home's Curb Appeal

Wed, Apr 26th 2017 10:50 am by Roy Parker Residential Real Estate

Increase Your Home’s Value Up to 28% with These 5 Tips

 

Great curb appeal not only makes your home the star of the neighborhood, it can also improve its value and help you sell it for more. Whether you’re thinking of listing your home or just want to make your home the envy of your neighbors, here are several ways to increase your home’s curb appeal.

 

  1. Make your home’s exterior look like new.

For many potential buyers, the condition of the exterior of a home can offer clues to the condition of the interior. The first place to start when boosting curb appeal is the exterior of your house.

 

Paint. Paint is the best way to make your home appear newer. While you can paint your h...




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Build Your Household's Wealth

Mon, Mar 13th 2017 5:35 pm by Roy Parker Residential Real Estate

The Compound Effect: Building Your Household’s Wealth

Wealth is within reach for many people; however, according to a recent study, 63 percent of Americans said it’s not likely they’ll become rich.1 While younger people are more likely to say they’ll achieve wealth one day, only 34 percent of people aged 30 to 49 and 21 percent of people aged 50 or older say the same. There is no secret to becoming rich: it takes time, sacrifice and good financial sense. Here are a few ways to build your household’s wealth.

 

Let Compound Interest Work for You

Compound interest is your interest earning interest. While the concept may work against you when you take out a loan to buy a car or use your c...



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Open House 100 Holly Avenue Summerville

Fri, Jan 13th 2017 3:15 pm by Roy Parker Residential Real Estate

100 Holly Open House Ad

I will be doing a open house on Saturday 14th at 100 Holly Avenue from 1:00 to 4:00 pm. This great house is in a small quiet neighborhood just off of Dorchester Road, making it minutes to shopping, the air force base, many major employers in the area and great Dorchester II schools.

At $165,000, with the extensive renovations and updates that has been done to this home; it would be the perfect home for any  "first time home buyers"




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Port of Charleston Receives Federal Grant

Wed, Sep 10th 2014 6:52 pm by Roy Parker Local Economic Growth

 The state ports authority will receive nearly $11 million in federal grants to fund upgrades to the Mount Pleasant terminal.

View the article from Charleston Regional Business Journal Port of Charleston



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Torq Tek expands in North Charleston

Wed, Sep 10th 2014 6:26 pm by Roy Parker Charleston Job Market

Charleston Regional Business Journal reported that Torq Tek will expands its operations in North Charleston

adding about 50 jobs to its workforce of 140 workers and make a 12 million investment in its facility at Leeds Avenue in

North Charleston. For the complete article Torq Tex Expands




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Chicken Salad Chick Coming To Summerville

Thu, Jul 31st 2014 6:24 pm by Roy Parker Charleston Business News

Chicken Salad Chick will be opening it first unit before years end in the new development at Azalea Square.

Chicken Salad Chic Approves Summerville Location




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Berkeley Countys Blueways

Wed, Jun 11th 2014 6:36 pm by Roy Parker 365 Things To Do

Enjoy Berkeley County's Blueways

Enjoy paddling on the rivers and waterways of the Lowcountry natural highways. Berkeley County has an abundance of waters suitable for canoeing and kayaking that can provide great back to nature experiences for the entire family. I found this great video on You Tube created in 1988 with by the Clemson Extension and Berkeley County.  Berkeley Blueways SC

You can go to the Berkeley County GIS site to view detail interactive map of Berkeley County or call 843-719-4049 for information. A detail map of Francis Marion National Forest is available from the Witherbee Ranger Station at 2421 Witherbee Road, Cordesville, SC 29434. The station's phone number is 843-...




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Housing Summit June 13, 2014

Tue, Jun 10th 2014 9:15 am by Roy Parker Meetings and Local Events

The S.C. Community Loan Fund holds a housing summit to discuss how the region's housing issues and possible solutions on June 13th at Trident Technical College Complex for Economic Development from 9A.M. to 2P.M. he keynote speaker is Michelle Winters with the Urban Land Institute's with the Terwilliger Center.

More information is available at  SC Community Loan Fund



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Summerville Vision Plan

Tue, Jun 10th 2014 9:06 am by Roy Parker Meetings and Local Events

The town of Summerville and the Lawrence Group presents the Vision Plan for Summerville at 7:30 P.M. this Wednesday June 11 at the Municipal Annex Building 200 S. Main Street on the third floor. See the link below for more details concerning this event:

Summerville Vision Plan



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106 Growden Lane

Thu, Oct 6th 2011 2:36 pm by Roy Parker Commercial Listings

Great looking office building and warehouse between College Park and Summerville I-26 Exits.

Over 6,000 SF for $575,000.

Over 50,000 cars between I-26 and Treenland Road (Frontage Road) past this area a day.

I




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School Locator Tool

Wed, Oct 5th 2011 1:29 pm by Roy Parker Charleston County Schools

A great interactive online tool ensures that everyone receives the correct information on a Charleston school's boundaries.

It can pull up the neighborhood school for any address, and it also shows the other charter and magnet school options for that residence.

The school district feels in addition to helping parents, the site will be useful in presenting possible rezoning scenarios. The district could easily could use the proposed boundaries to create a new map to show how individual homes would be affected.

To check out the site CLICK HERE, it's up to date and user friendly.




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Internationa Technology and Aerospace Park

Tue, Oct 4th 2011 5:45 pm by Roy Parker SC Economic Development

The International Technology and Aerospace Park, is a planned business park near Myrtle Beach International Airport, which will target aeronautics and technology related companies.

The infrastucture is largely completed on the 460 acre property, of which 80 percent can be developed. Having the land ready is important in today's economic climate. The Myrtle Beach Regional Development Corporation which is responsible for marketing the property expects businesses will want to locate and start up quickly to the state because of aviation companies like Boeing already locating to the state.

About half of the park, which has direct access to a 10,000 foot runway, is intended for aviation-relat...




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