Insights and Market News

Peninsula Development provided equity to Four Raines for the contruction of multiple Combria Extended Stay Hotels in the Greenville, Summerville and Mt Pleasant markets.

Peninsula Development is pleased to annouce the opening ofHome Team BBQ in Greenville, South Carolina.

The Peninsula Co. development arm is happy to announce a partnership with Raines Hospitality that will be known as Samrock Capital. Samrock Capital has executed a Master Development agreement with Choice Hotels to develop Woodspring Suites exclusively throughout South Carolina and parts of Georgia. Woodspring Suites is an Extended Stay brand. Samrock will break ground on three in South Carolina in 2020.

The Peninsula company is pleased to announce the addition of new team member Charlie Mogul. A Charleston native, Charlie Mogul attended Porter-Gaud School and Wofford College before starting a career in commercial real estate. His primary focuses at the Peninsula Company are commercial brokerage and development analysis, and he is committed to building long-lasting, confident relationships with all of his clients. In his free time, Charlie can be found enjoying time on the water – surfing, fishing, and spending time with friends and family.

As Nexton continues to grow in Summerville, so do job opportunities. Nexton, once a forested tract owned by WestRock forerunner MeadWestvaco Corp., is now home to several restaurants, hundreds of houses and apartments, a shopping center, office buildings and multiple hotels.

Home Team BBQ announces the site for the future location on Highway 17 in Mount Pleasant at the former Rusty Rudder. The iconic Charleston BBQ restaurant plans to rehab and rejuvenate the old house to bring their irresistible smoked meats, good tunes, and frozen cocktails to Hwy 17 in 2022. Home Team BBQ is working with long time real estate partner Peninsula Development. Peninsula purchased the property in 2020 in order to secure this unique location.

Peninsula Development is pleased to announce the development of a ranch style residential homesite project in Victor Idaho. With lots just 30 minutes from Jackson Hole and Grand Targhee this centrally located development will be an outdoorsmans paradise in the heart of the Tetons.

Tim Rogers of The Peninsula Company represented the sellers in the sale of the iconic restaurant space at the corner of 202 Coleman Boulavard.

Charlie Mogul represented the seller in the sale of 1107 King St. The 4800SF building sold for $1,550,000. Home to The Harbinger Cafe and Monarch Wine Merchants, the new owner will be adding a graphic design studio on the second floor and couldn’t be happier with their new space!

The Peninsula Company, LLC is pleased to announce the recent expansion of Peninsula Commercial to Georgia with the formation of our latest entity, PENCO Georgia, LLC. Additionally we welcome back long time Peninsula Commercial team member Len Meyer CCIM as Principal of our Atlanta Office. With our presence now established in Georgia, we look forward to the opportunities ahead for our Company and our long standing Clients as we both continue to grow our commercial footprints throughout the Southeast. Founded in Charleston, South Carolina in 2003, The Peninsula Company has continued to transform over the years into a versatile establishment assisting our Clients with all aspects of Real Estate Brokerage and Development.

Developers of Charleston-area industrial sites are managing to find tenants for most of their new projects despite an unprecedented amount of new construction in recent years

https://www.postandcourier.com/business/charleston-area-industrial-sites-filling-almost-as-fast-as-they/article_1aaf5ea0-361a-11ea-a57f-57ae5417c25a.html?utm_medium=social&utm_source=email&utm_campaign=user-share

Hometeam BBQ opened the doors to it's fifth location this week. The Peninsula Co. aided in the development process and are excited to begin work on the sixth location slated for Greenville, SC. Read about the Columbia location here: https://www.thestate.com/news/local/article230253639.html

As reported by the Post & Courier, Steve Dykes, executive director of Charleston County Economic Development, wasn’t entirely sold on the idea in the beginning, but Charleston County’s economic development director admits he’s grown fond of the ringing sound he hears with each new industrial announcement.