The improvements over the years to the Port of Charleston have proved effective
and the latest completion of the 52-feet deep channel will make the port
more competitive. This aligns with the continuing growth of major companies
moving into Charleston such as Redwood Materials who recently announced a
development of a 600-acre plant in Camp Hall. Additionally, 2023 is expecting
about 11.38 million SF of new industrial space to be delivered, mostly in
Berkeley County. 837,200 SF of new class-A space at Trade Park East was recently
completed and sold for $101.5 million, another testament to the competitive
market.