Month: April 2024

The developer of a $250 million logistics hub next to the Port of Charleston’s Leatherman Terminal in North Charleston has filed plans for a second warehouse at the site as construction of the first building is winding down. Atlanta-based Capital Development Corp. is seeking environmental permitting for a 248,000-square-foot structure with office space at the… Continue reading $250M logistics center next to SC Ports’ Leatherman Terminal eyes expansion

Over the past several years, the logistics industry has been propelled into the digital age by a powerful combination of consumer expectations, government regulations and technological innovations. Some companies have been eager to adopt these tools, while others remain skeptical about the benefits, effort — and risks — associated with new technologies. Despite the myriad… Continue reading How shipping document automation drives profitability

Taylor Wood says bargaining with warehouse owners for storage space is far different than during the pandemic, when demand for industrial space was red hot. “I’ve never seen a market like that, where we were basically scratching and clawing for every building,” said Wood, a broker at real estate services firm Savills. “There were five… Continue reading Warehouse Rents Slipping on Declining Demand