Columbia SC Real Estate Update as of 10-19-2012
Here is the latest Columbia SC News and Business Report as of 09-28-2012. Please feel free to visit our web site to search for Columbia SC Real Estate and Properties. We offer you a complete source for all the listings in the enitre area on our web site.
Ben Arnold, principal of Arnold Realty Co., purchased the former CMC Construction Services warehouse on Huger Street. This 1.6 acre property was the final piece of the puzzle for the proposed 600-bed student housing project near the University of South Carolina.
Although a number of businesses were signing leases during the third quarter, the overall office vacancy rate in the Columbia area increased 0.02%. Business, though, is expected to pick up in the first quarter of 2013, the commercial real estate firm said in its quarterly report.
September’s unemployment rate fell by half a percentage point — the largest over-the-month decline since 2007, the S.C. Department of Employment and Workforce reported. Employment gains were reported in government, health services and manufacturing sectors.
Hammond Edwards has been appointed vice president, senior commercial lender for the Columbia area. He is responsible for the management of business development, focusing on the expansion of commercial relationships within the market.
The Joint Commission, which accredits and certifies health care organizations and programs, recognized the Columbia hospital after finding its care processes were linked to positive patient outcomes.
The Business Report has published its list of IT services and networking companies in the Midlands. View the top three or search the entire database. We are accepting submissions for our For-Profit & Trade Schools, Homebuilders and Website Design Cos. lists.
The Daily Report is published by the Columbia Regional Business Report, a publication of SC Biz News.
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