Live Breaking News & Updates on Partner Of Industrial Development Alan Lewis

Share
Companies around the country are clamoring for industrial space in Charleston, but the demand far outweighs the area’s current supply. 
As of early May, the vacancy rate was under 5%, which signals that Charleston needs more space, and fast, said Milton Thomas, managing principal at Lee & Associates. 
He believes the S.C. Ports Authority’s leadership and the $220 million Walmart import distribution center in Ridgeville are paving the way for the growth.
“I think with Walmart locating here, that has triggered a lot of interest from other large businesses,” Thomas said. 
Manufacturing, distribution and ecommerce companies are actively looking for buildings within 30 miles of major economic drivers, including the Port of Charleston. Speculative buildings range anywhere from 50,000 square feet 1 million. A lot of that interest is coming from companies in New York and New Jersey, Thomas said. ....

New York , United States , South Carolina , Charleston County , New Jersey , Cornell University , North Charleston , Mount Pleasant , Milton Thomas , Hughk Leatherman , Taylor Hardy , Partner Of Industrial Development Alan Lewis , Charleston Trade Center , Lee Associates , Sc Ports Authority , Hardy World , Keith Corp , Palmetto Commerce Parkway , Charleston Trade , Managing Partner , Industrial Development Alan Lewis , Trade Center , Nexton Parkway , Inland Ports Greer , Pennsylvania Based Hardy World , Operations Taylor Hardy ,