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  • Charleston real estate: Pricey home, new hotel, paused grocer and ready-to-rent units | Real Estate
News home real estate

Charleston real estate: Pricey home, new hotel, paused grocer and ready-to-rent units | Real Estate

July 28, 20223 min read Gladys J. Bell

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You’re seeing The Post and Courier’s weekly real estate newsletter. Receive all the latest transactions and top development, building, and home and commercial sales news to your inbox each Saturday here.

Pricey home, new hotel, paused grocer, ready-to-rent units top real estate happenings

Major real estate deals in Charleston are never boring, and the past week has brought about the usual flurry of wheeling and dealing, new construction plans and a pause in action at two sites.

On Sullivan’s Island, a beachfront home sold for nearly $10.4 million while plans are in the works to add an eight-story hotel addition on the back side of a King Street building. Meanwhile, discount grocer Lidl has stopped work on two new stores it is building in the Lowcountry but plans to announce future details in the fall.









Morrison Yard Apartments (copy)

Morrison Yard Apartments are nearing completion on Morrison Drive on the Charleston peninsula. The first 76 units of the 379-unit complex will be ready for occupants in September. Morrison Yard/Provided


$160M apartments to welcome 1st tenants in fall

Morrison Yard Apartments will offer 379 units when the complex on Morrison Drive is completed later this year, but the first 76 units are slated to be ready to lease in September on the 10-story development on the Charleston peninsula.


Mass. firm moving HQ to Charleston after $8.3M office, $12M hotel deals

By the numbers

1: Ranking of Charleston by Travel + Leisure magazine as the top tourist destination in the U.S. for the 10th straight year​​​​​​​.

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2: Number of Lidl discount grocery stores under construction in the Charleston area where work has stopped. 

420,000: Median price of a home in the Charleston area in June. The price is up 18.3 percent from June 2021.


New N. Charleston retail center to see 1st shop opening; new restaurant on way to Cainhoy

This week in real estate

+ On the way: Cleats, a new restaurant and bar for the sports-minded, plans to open in The Refinery, where the mixed-use office building will open its amphitheater in August on Charleston’s upper peninsula.

+ Making a home: Atlanta-base home furnishings store Ballard Designs plans to take over the space left vacant by Pier 1 Imports in Mount Pleasant.

+ In the works: A new restaurant​​​​​​​ soon could be announced for the corner space at Meeting and Columbus streets in Courier Square.

Near-record sale of $10.4M on Sullivan’s Island







Sullivan's Island home 841 Middle St. (copy)

The two-story, 5,655-square-foot beachfront house at 841 Middle St. on Sullivan’s Island recently sold for $10.4 million. Provided


The two-story, 5,655-square-foot beachfront house at 841 Middle St. on Sullivan’s Island recently sold for $10.4 million. Provided


New North Charleston office project now 81% occupied; Office building sells for $16.9M

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Our twice-weekly newsletter features all the business stories shaping Charleston and South Carolina. Get ahead with us – it’s free.



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