Commercial Real Estate

Early next year, Chad Harpley will move his company to a new 14,000-square-foot facility in Augusta, and 2,500 square feet of that space is currently available for lease. Harpley – President and Chief Executive Officer of Premier Networx – is relocating his information technology and cybersecurity firm from its current address at 4332 Wheeler Road #105 to 116 Cooper Drive off Riverwatch Parkway next door to Elegant Bridals. He says the building, which is currently under construction, is scheduled to open Jan. 3. “It’s a state-of-the-art cybersecurity center,” Harpley states.

After eight years in Evans and 20 in Martinez under the watch of “Buffalo Vince” Tedhams, the Buffalo Brakes brand just came to a screeching halt. Owners Becky and Larry Griffith made the difficult decision to close recently. “We are under contract (to a non-automotive business) and should close by the end of the year,” said Becky, who served as office manager of Buffalo Brakes for eight years— the last couple full-time. For the former beauty shop owner—the closing is emotional. ” The people of Columbia County were great. I

Each month, ABD will interview J. Brian King – our Business Attorney, about a business law topic. Yesterday, we asked him a few questions about leases for entrepreneurs. We think our readers will benefit from his legal insight and advice. ABD: What advice would you give a new entrepreneur about leasing a location for their business? Brian: First of all, do some research on the type of rental space you think you need in the market where you want to be located. Find out what the going rate is for

Death of a technology leader in CSRA Today’s “buzz” begins with the death of a respected former journalist and successful CSRA technology business owner Jimmy Bennett. He spent 20 years writing and editing for community newspapers in Statesboro, Eastman, Jessup and Canton. He became the editor of True Citizen newspaper in Waynesboro, GA before going into the computer business. Bennett died last week due to complications from Covid-19. My last email exchange with him showed me how much he still cared about local journalism. “Chuck Smith has joined the growing

From time to time Publisher Neil Gordon will share a Video business minute (or less) to update you on unique happenings. Today, a new development in a (very old) building in Aiken County.

The wrecking crew industry missed out on a couple of big jobs recently when one private investment company and one local government bought historic buildings to give them completely new purposes. Warren Mill The 130-year-old Warren Mill, the former center of community life in Warrenville, S.C., has sold for $1.6 million with plans to turn the former three-shift clothing factory into 180 to 200 apartments with a swimming pool, an events center and other amenities, according to several recent reports. Warren Mill has been vacant since 1982. The new owner

When we get together with a business owner and start the process of selling their company, some of the same general questions come up. How much will a buyer pay for my business? How long will it take to sell? Who is the best buyer? The first two questions are a bit subjective, but the best buyer question is almost always someone who is not currently operating a business in your industry. To many business owners, they are a bit surprised to hear a competitor or someone looking to gain

We have all seen the news. The residential real estate market is hot and it’s a great time to be a seller. What about the commercial office market? If you own an office building, I’m sure you want to know if your value is still there. If you lease office space you probably need to know if the rent is going up next time you renew, or will you be able to find new space when you move? The pandemic did shut down the office market for a while last

Jason Wiles is optimistic about future growth in commercial real estate in Richmond County. Wiles – Chief Executive Officer and owner of CSRA Home Solutions, owns several rental properties, mostly in South Augusta. “I primarily own single-family (homes), but I just purchased two duplexes,” he says. “I see most of the developments being commercial,” such as apartments and townhomes, rather than single-family neighborhoods. Wiles attended the first day of the Augusta Land Development Conference on Wednesday, Oct. 6 at the Kroc Center. He came to the conference to find out