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Charlotte real-estate developer buys land next to Clemmons shopping center

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.  Manufa...