LAUNCH CHARLESTON VENTURE BOLDLY

Transcription

1 LAUNCH CHARLESTON VENTURE BOLDLY

2 FROM PAPER TO FROM PLANE PAPER TO PLANE PETER FENNELLY SIOR, MCR, SLCR Market President peter.fennelly@colliers.com MARK MATTISON SIOR, CCIM Principal Charleston mark.mattison@colliers.com MIKE PALMER Brokerage Associate mike.palmer@colliers.com 25 Calhoun Street, Suite 220 Charleston, South Carolina

3 TAKE FLIGHT folds lay the groundwork for all future folds, so they must be clean, crisp and accurate. With the right folds, you can take you know what you re doing. That s the thinking at LAUNCH CHARLESTON. You want to take your business farther, and we want to help you take off. And it all starts with crisp, clean lines. Some people just see a blank sheet of paper. We re looking for those who see the paper airplane.

4 LOCATION Imagine welcoming a client at the airport and taking them on a short the big conference. Collaborating with someone across the world via video one day and in person the next. It s all possible at LAUNCH CHARLESTON, a new and modern business park where connectivity and innovation align to take businesses to new heights. With quick access to Charleston International Airport, major manufacturers like Boeing and the growing technology corridor in downtown Charleston, LAUNCH is poised to become a center of success. Designed for those who venture boldly, LAUNCH is well-suited for all kinds of business, from budding startups to multinational corporations. World-class amenities and awe-inspiring design meets complete customization, to create the perfect environment to propel your business forward. There s a reason they call it a business venture. Venture with us at LAUNCH CHARLESTON.

5 VENTURE Brand new and in Charleston s growing business corridor, LAUNCH CHARLESTON offers everything businesses need to take off and the world. SITE DESCRIPTION High visibility from I-526 and easily accessible from new interchanges Located at end point of new airport entry road Approximately 380,000 SF total More than 1,600 parking spaces Build-to-suit available 3.47 acre hotel pad ALPHA BUILDING 4-story modern building potential Approximately 101,485 SF ALPHA BRAVO CHARLIE DELTA ECHO

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8 CHARLESTON: WHERE BUSINESS TAKES OFF manufacturing and distribution hub and business incubator. Transportation Getting people and goods to and from Charleston has never been easier. Between the Port of Charleston, the city s multiple rail lines, major interstates like I-26 and the Charleston International Airport, Charleston businesses are closely connected to the rest of the nation and the world. Diverse Businesses Whether you re a solo entrepreneur or a multinational corporation, the full range of businesses have found their home in Charleston. startup or down the street from an international manufacturer. The close proximity of so many diverse businesses encourages collaboration and innovation, fueling greater business growth.

9 Educated Workforce With a workforce that has grown 4.5 times faster than the national average, Charleston can fuel its business growth with highly- readysc, a statewide workforce education and training initiative, and the city s colleges and universities, including the College of Charleston, the Medical University of South Carolina (MUSC) and the Citadel. Desirable Home Address Charleston has long been a top tourist destination, but the city s high quality of life, unique attractions and thriving community have made it easy for many companies to choose it as their headquarters. When employees love where they live, they love where they work.

10 Charleston Overview: More than Leisure Getting to Know the Region: > The Charleston, South Carolina region consists of three counties that make up the Charleston-North Charleston, SC metropolitan statistical area (MSA). > A strong economy, pro-business environment and efficient logistics collectively support major industries such as aerospace and manufacturing, among others. > Total non-agricultural employment in the region is at its highest level in over ten years. Professional and business services, healthcare, manufacturing, and trade, transportation and utilities are among the area s largest employment sectors. > Population growth is strong as residents and businesses are attracted to the region s high quality of life and low cost of living. > Various higher education institutions offer coursework at the undergraduate, graduate and technical college levels. CHARLESTON IS CONNECTED TO OTHER MARKETS Charleston Metropolitan Statistical Area (MSA) & Counties Charleston-North Charleston, SC MSA 1 Charleston 2 Dorchester 3 Berkeley 26 Connected to Global Markets Accessibility to domestic and global markets is becoming a primary factor in site selection for both businesses and residents. Businesses look to cut transportation costs and expand market access while residents enjoy the many weekend and day trips to nearby cities. Major interstates run through the region allowing short drive-time access to Charlotte, NC, Atlanta, GA, Columbia and Greenville, SC, among others. The region s airport, Charleston International Airport (CHS), sees more than 1.5 million passengers per year. The airport offers flights from 7 major airlines with non-stop flights to 23 airports and 18 cities in the United States. The region is also home to the Port of Charleston, one of the top 10 container ports in the United States. Activity at the port is on the rise and continues to be supported by a growing manufacturing and automotive industry as well as demographic shifts to the southeastern United States. The South Carolina Ports Authority reported a 14% increase during the 2015 Fiscal Year ending June 30. The port handled approximately 1.9 million twenty-foot equivalent units (TEUs) during the year, an increase of 231,473 TEUs from the 2014 Fiscal Year. The Charleston Harbor deepening project recently approved final approval. Plans include deepening the Charleston Harbor channel to 52 feet and entrance channel to 54 feet, as well as enlarging turning basins to accommodate larger post-panamax vessels. Economy & Labor Market The region s economy is largely driven by the finance, insurance, real estate, rental and leasing, manufacturing, and professional and business services. Additionally, Charleston continues to rank among the top cities to visit in the nation, driving a strong tourism industry that contributes to the region s economy. According to the Bureau of Economic Analysis (BEA), gross domestic product (GDP) for the MSA totaled $34.4 billion in 2014, accounting for 18.1% of South Carolina s total GDP. The finance, insurance, real estate, rental and leasing sector is strengthening over recent years and contributes to a greater portion of total GDP. In 2014 the sector accounted for 21.0% of total GDP, increasing from 19.4% in Professional and business services are also playing a greater role in the region s GDP than they did the past. The sector contributed to 11.6% of total GDP in 2014, up from 9.3% in INTERSTATE: I-26 I-95 AIR: Charleston International Airport (CHS) Manufacturing remains strong, accounting for 11.0% of GDP. Recently announced expansions and investments from major aviation and automotive manufacturers will drive the sector s growth in the upcoming years. RAIL: CSX Norfolk Southern PORTS: Port of Charleston SC Inland Port (Greer)

11 Regional Demographics Major Sectors as a Percent of Charleston s GDP (2014) The Charleston-North Charleston MSA, which makes up nearly 15% of South Carolina s population, offers favorable demographics with above average population growth and a skilled, educated labor force. Other: 8.7% Construction: 4.7% Government: 18.4% Other Manufacturing: 11.0% Retail Trade: 7.4% POPULATION 2020: 782,981 (ESRI forecast) 2015: 716,298 (ESRI estimate) 2010: 664,607 (Census) Accommodation & Food Service: 4.6% Health & Social Assistance: 7.0% Professional & Business Services: 11.6% Total GDP: $34.4 BILLION Transportation & Warehousing: 3.1% Information: 2.7% Finance, insurance, real estate, rental, and leasing: 21.0% HOUSEHOLDS 2020: 311,167 (ESRI forecast) 2015: 283,452 (ESRI estimate) 2010: 259,987 (Census) Source: Bureau of Economic Analysis, Colliers International Research Charleston GDP as a Percent of South Carolina s GDP (2014) $34.4 billion 18.1% $7.2 billion 22.3% $4.0 billion 20.2% HOUSEHOLD INCOME Average: 2020: $77,846 (ESRI forecast) 2015: $69,561 (ESRI estimate) Median: 2020: $56,894 (ESRI forecast) 2015: $51,664 (ESRI estimate) $190.3 billion $32.4 billion All Industry Finance, Insurance, Real Estate, Rental and Leasing $19.7 billion Professional & Business Services AGE (2015 ESRI Estimate) 20-34: 164,107 (22.9%) 35-64: 273,777 (38.2%) 65+: 96,738 (13.5%) South Carolina Charleston-N. Charleston MSA Source: Bureau of Economic Analysis, Colliers International Research Employment by Sector & Percent of Total Employment (September 2015) RACE & ETHNICITY (2015 ESRI estimate) Caucasian: 66.2% African American: 26.4% Hispanic Origin: 5.4% TRADE, TRANSPORTATION & UTILITIES 60,900; 18.3% MANUFACTURING 25,600; 7.7% PROFESSIONAL & BUSINESS SERVICES 50,100; 15.1% GOVERNMENT 62,900; 19.0% EDUCATION & HEALTH SERVICES 38,600; 11.6% LEISURE & HOSPITALITY 45,400; 13.7% EDUCATIONAL ATTAINMENT (2015 Population 25+ ESRI Estimate) High School Graduate: 21.1% Associate Degree: 8.7% Bachelor s Degree: 21.3% Graduate/Professional Degree: 12.1% Source: ESRI Demographics, Colliers International Research

12 TAKE FLIGHT #1 TRAVEL DESTINATION IN U.S (Conde Nast Traveler) #1 CITY IN THE WORLD (Conde Nast Traveler) #9 U.S. METRO FOR FOREIGN DIRECT INVESTMENT (FDI) RANKED #7 WHERE THE JOBS WILL BE IN 2015 (Forbes) #3 BEST CITY FOR YOUNG ENTREPRENEURS (under30ceo.com) CHARLESTON METRO RANKED 12TH FOR VENTURE CAPITAL FIRST FUNDING BY POPULATION AND DEAL CONCENTRATION (Brookings) CHARLESTON METRO RANKED #18 FOR ADVANCED INDUSTRIES EMPLOYMENT (Brookings) #4 BEST AMERICAN CITIES FOR FOODIES (Travel + Leisure) 3 JAMES BEARD AWARD-WINNING RESTAURANTS: Husk, Hominy Grill, Fig

13 CHARLESTON Charleston, South Carolina is an attractive blend of old and new. The historic district and surrounding plantations preserve the buildings and landscapes from the time of the nation s founding. Fort Sumter, Middleton Plantation and Fort Moultrie are the region. Interspersed with these treasures is the modern - Boeing, Volvo and Blackbaud, who manufacture airplanes, automobiles and software, respectively.together, these companies create a potent stew of opportunity that attracts more than 10,000 new residents a year (1.8% annual growth). At its core is the Port of Charleston. For 350 years, Charleston s harbor has because it offered natural protection and provided transportation several hundred miles into the interior of the state. From Charleston, large agricultural plantations specializing in rice, indigo, and cotton were established. By 1750, Charleston was the dominant trading port in the southern colonies. This port has grown over the subsequent years into one of the busiest ports on the east coast of the U.S. moving 170,000 shipping containers a month from 5 terminals. The Port also attracted the U.S. military during World War II, when the U.S. Navy established a presence. Today, that presence has grown into the region s single largest employer, the Joint Base Charleston (a combination of the Naval Weapons Station and the Charleston Air Force Base). While there are 70 state and federal agencies present on the base, the largest contingent is the Space and Naval Warfare Systems Center Atlantic (SPAWAR), which specializes in information collection and technology management for the Navy. This has brought a wealth of engineering and information technology talent to the region much of which has chosen to remain in the area over time. for the aerospace, defense and medical industries. The competitive quality of life and low cost of

14 Be Co Ai Largest Multinational Employers in Charleston AMERICAN The Boeing Company Blackbaud Verizon SAIC SUMMERVILLE BELGIAN Agfa Materials Corp. USA Wabco Compressor Mfg. Co. BRITISH BAE Systems EI&S Belmond Charleston Place VT Milcom BP Senior Aerospace AMT CANADIAN Gildan Activewear Aeterna Zentaris Streit USA Armoring COLOMBIAN Argos Cement LLC Finnish Kemira Chemicals, Inc. FRENCH Hagemeyer North America Rhodia Z Marine of North America GERMAN Robert Bosch LLC Mahle Behr IFATorqTek Mercedes-Benz Vans Kion GREEK Thrace-LINQ, Inc. ITALIAN Strand-Tech Martin, Inc. JAPANESE Showa Sun Chemical MEXICAN DAK Americas RUSSIAN SOUTH AFRICAN Pegasus Steel SPANISH Giant Cement Company Inc. SWEDISH Volvo Car Corp. Securitas Security Services USA Inc. SKF Aero Bearing Venture SWISS Mediterranean Shipping Co. (USA) Inc. ADT Security Services Belimed

15 Berkeley County Airport MONCKS CORNER Francis Marion National Forest GOOSE CREEK NORTH CHARLESTON Air Force Base Charleston International Airport LAUNCH CHARLESTON WEST ASHLEY JAMES ISLAND DANIEL ISLAND CHARLESTON MT. PLEASANT Sullivan s Island & Beaches Isle of Palms & Beaches WHERE BUSINESS TAKES FLIGHT

16 PETER FENNELLY SIOR, MCR, SLCR Market President DIR MARK MATTISON SIOR, CCIM Principal Charleston DIR MIKE PALMER Brokerage Associate DIR