Real estate experts predict development trends

Younger generations looking for smaller homes, urban lifestyles and sustainable communities are among the forces that will shape the future of real estate development, two local experts today told a crowd of more than 200 gathered in Charleston for the state’s Urban Land Institute conference. Instead of predicting when the market will rebound, the speakers focused on what development will look like when it does.  Read More...

Blackbaud reports total revenue down slightly for Q4, up for whole year

The Daniel Island-based software company’s revenue decreased 2% to $79 million compared with the fourth quarter of 2008. For all of 2009, revenue increased 2.3% to $309.3 million. Read More...

Commercial real estate report shows vacancies across area

The Anchor Commercial Market Report highlights the Charleston area’s vacancy rates by region and segment. Vacancy for office space is around 19%, while warehouse vacancy is at 15% and retail is at almost 10%. Read More...

Bethea to lead First Financial boards

Shareholders of First Financial Holdings have elected Paula Harper Bethea as chairwoman of the company’s board of directors and of the board of its subsidiary, First Federal Savings and Loan Association of Charleston. Bethea, who recently became executive director of the S.C. Education Lottery, replaces James C. Murray, who retired.  Read More...

SPA to hold community meeting on passenger terminal plan

The S.C. State Ports Authority will hold a public meeting at 12:30 p.m. Tuesday to discuss its downtown cruise terminal master plan. The project planning team will present a plan concept, and afterward participants can discuss the concept in breakout sessions.  Read More...