Who acquired the Summerville apartments?

Continental Realty Corp., identified as the owners of Mount Pleasant Towne Centre, acquired Elevate at Brighton Park, a 329-unit apartment complex in Summerville, SC.

What are the features of Flowertown B&B?

Flowertown Bed & Breakfast is a Southern Victorian home built in 1889, featuring four elegant guest rooms with queen-sized beds, private baths, fireplaces, and central heat and air conditioning. It also includes a downstairs owner's bedroom suite and a detached cottage serving as a self-catering efficiency unit. The main house is 4,536 sq ft, and the cottage is 609 sq ft. It was appraised at $1,640,000 in February 2025, with owners generating six figures from its operation.

What are the current trends in Charleston's office and industrial real estate markets?

The office vacancy rate in Charleston ended 2025 at 7.5%, an 80 basis point decrease year-over-year. The industrial market's available supply tightened in Q4 2025, with vacancy declining to 14.3%, marking the first decrease in three years. The Port of Charleston handled just under 2.4 million TEUs in 2025 and is projected to exceed 2.5 million, a record high since 2022.

How is the hospitality sector performing in Charleston?

The hospitality sector in Charleston has seen steady demand and consistent rate growth. Overall market occupancy reached 72% in October 2025, with a 2% increase in Average Daily Rate (ADR) leading to a 1% increase in Revenue per Available Room (RevPAR). Leisure travel is the main driver, although group occupancy for conferences and conventions has also increased.

What are some challenges facing Summerville's growth?

Population growth in Summerville is outpacing road improvements, leading to concerns about traffic. Additionally, 6% of properties face severe flooding risk and 71% are at extreme heat risk over the next 30 years, impacting insurance costs and long-term property values.

February 7, 2026

Lowcountry Investment Surges: New Summerville Apartments & Historic B&B Spark Interest

Summerville, South Carolina, February 7, 2026

Investment activity in the Lowcountry is on the rise, highlighted by the acquisition of the 329-unit Elevate at Brighton Park in Summerville and the listing of the historic Flowertown Bed & Breakfast. These developments showcase the enduring entrepreneurial spirit and the diverse opportunities available for investors and businesses in the Charleston region. The ongoing economic growth is supported by both large enterprises and local entrepreneurs, reinforcing confidence in the local market and signaling a bright future for real estate investment in South Carolina.

Lowcountry Investment Surges: New Summerville Apartments & Historic B&B Spark Interest

A major multifamily acquisition by Mount Pleasant Towne Centre owners and the listing of a cherished Summerville bed and breakfast highlight the dynamic investment landscape and entrepreneurial spirit across the Charleston region.

The Lowcountry continues to demonstrate a vibrant and attractive environment for investment, drawing both established enterprises and individual entrepreneurs. This sustained interest underscores the region’s economic vitality, fueled by a combination of strategic private capital and a resilient local business community. Recent developments in Summerville, including a significant residential property acquisition and the offering of a historic hospitality gem, reflect the diverse opportunities available for those looking to contribute to and benefit from Lowcountry economic growth.

The entrepreneurial drive is palpable in Charleston County economy, with businesses and investors recognizing the area’s potential. These movements in the real estate sector are not merely transactions but indicators of confidence in the region’s future, reflecting the impact of thoughtful investment decisions and the foundational strength of the local market.

Strategic Investment in Summerville’s Expanding Residential Market

In a significant move demonstrating continued confidence in the region’s residential sector, Continental Realty Corp., known for its ownership of Mount Pleasant Towne Centre, has completed the acquisition of Elevate at Brighton Park. This 329-unit apartment complex is situated in Summerville, a growing suburb of Charleston. The transaction, which closed on February 6, 2026, involved American Landmark as the seller.

Elevate at Brighton Park is part of the extensive 5,000-acre master-planned community of Nexton. The complex features 19 three-story buildings, offering a variety of living spaces including garden-style apartments, carriage homes, and townhomes. These units provide one, two, and three-bedroom layouts, with an average size of 1,014 square feet. Residents benefit from a range of amenities, such as a standalone clubhouse equipped with separate fitness and business centers, a saltwater swimming pool, outdoor lounge areas with grills, a hammock garden, and a dedicated dog park. This acquisition underscores the strategic appeal of Summerville for developers and investors seeking to meet the housing demands of a rapidly expanding population within the Charleston SC business sphere.

Flowertown B&B: A Historic Opportunity for Hospitality Entrepreneurs

Summerville’s rich history and charm are also reflected in its unique small businesses, and a notable opportunity has emerged with the Flowertown Bed & Breakfast hitting the market. This Southern Victorian home, originally constructed in 1889, offers a glimpse into the past while providing modern comforts. It features four elegantly appointed guest rooms, each with queen-sized beds, private bathrooms, fireplaces, and central heating and air conditioning. Two of these rooms are also equipped with daybeds, accommodating additional guests.

The property includes a spacious owner’s bedroom suite downstairs with an updated bathroom and a detached cottage operating as a self-catering efficiency unit. The main house spans 4,536 square feet, complemented by the 609-square-foot cottage. Appraised at $1,640,000 in February 2025, the Flowertown B&B has a proven track record, with its owners generating a six-figure income from its operation. Its location provides convenient access to local restaurants, boutique shops, and various entertainment options. This listing represents a prime opportunity for South Carolina entrepreneurs to acquire a piece of local history and contribute to the vibrant Lowcountry hospitality market, which continues to attract visitors seeking unique and immersive experiences.

Charleston’s Enduring Economic Momentum

The broader Charleston County economy continues to exhibit robust health, attracting investment across various sectors. The commercial real estate market, in particular, demonstrates positive trends with declining vacancy rates, increasing rental rates, and demand consistently outstripping supply. This growth is partly fueled by a steady influx of new residents, with an average of 43 people moving to the Tri-County area every day.

Significant economic development initiatives and investments from major corporations such as Boeing, Volvo, and Daimler serve as powerful catalysts, driving demand for commercial spaces and supporting job creation throughout the region. These large-scale commitments, alongside the success of numerous Charleston small business ventures, create a diverse and resilient economic framework that encourages further private sector engagement and expansion.

Market Snapshot: Industrial, Office, and Hospitality Resilience

A closer look at specific commercial real estate sectors in Charleston highlights their strength and adaptability. The office market in Charleston concluded 2025 with a vacancy rate of 7.5%, marking a notable decrease of 80 basis points year-over-year. Similarly, the industrial market experienced a tightening of available supply in the fourth quarter of 2025, with vacancy rates dropping to 14.3%—the first such decline in three years, signaling a positive shift in market dynamics.

The Port of Charleston, a critical economic engine, continues its strong performance, handling just under 2.4 million TEUs in 2025 and projected to exceed 2.5 million, which would be a record high since 2022. The hospitality sector in Charleston also shows steady demand and consistent rate growth, reflecting its importance to the Lowcountry economic growth. As of October 2025, overall market occupancy reached 72%, supported by a 2% increase in the Average Daily Rate (ADR), which contributed to a 1% rise in Revenue per Available Room (RevPAR.) While leisure travel remains the primary driver, group occupancy for conferences and conventions has shown an increase, diversifying demand for hospitality services. South Carolina’s broader commercial real estate environment is also noted for its business-friendly climate and diverse economic base, attracting sustained investment.

Navigating Growth: Challenges and Opportunities in Summerville

While Summerville presents a promising landscape for real estate investment and offers a solid outlook for long-term appreciation, its rapid growth does bring certain considerations. The increase in population is, at times, outpacing improvements in infrastructure, leading to concerns about traffic congestion, particularly on major routes. Thoughtful urban planning and continued investment in transportation solutions are crucial to sustain this positive trajectory without hindering residents’ quality of life.

Furthermore, long-term planning in real estate investment in Summerville requires an awareness of environmental factors. Data suggests that 6% of properties in the area face a severe flooding risk over the next three decades, and a significant 71% are at extreme heat risk within the same period. These factors influence insurance costs and long-term property values, necessitating careful due diligence by investors and homeowners alike. Addressing these challenges through innovative and sustainable development practices presents an opportunity for South Carolina entrepreneurs and local leadership to ensure that growth is not only robust but also resilient and responsible, preserving the appeal of the Lowcountry for future generations.

Conclusion

The recent surge in real estate activity in Summerville, marked by the strategic acquisition of a large apartment complex and the listing of a historic bed and breakfast, is a testament to the dynamic and opportunity-rich environment of the Lowcountry. These events underscore the unwavering confidence of investors and the entrepreneurial spirit that drives economic progress in the region. As Charleston SC business continues to evolve, propelled by both significant corporate investments and the resilience of Charleston small business, the sustained focus on strategic growth and community well-being remains paramount. Supporting local enterprises and engaging with initiatives that foster thoughtful development are key to ensuring the continued prosperity and unique charm of the Charleston area.

Key Features of Lowcountry Real Estate Developments

Feature	Details	Scope
Acquisition	Continental Realty Corp. acquired Elevate at Brighton Park, a 329-unit apartment complex.	Local
Location of Acquisition	Summerville, SC, within the Nexton master-planned community.	Local
Flowertown B&B Status	For sale, historic Southern Victorian home built in 1889.	Local
Flowertown B&B Appraisal	$1,640,000 in February 2025.	Local
Charleston Office Vacancy Rate (Q4 2025)	7.5% (down 80 basis points year-over-year).	Local
Charleston Industrial Vacancy Rate (Q4 2025)	14.3% (first decline in three years).	Local
Port of Charleston TEU Volume (2025)	Just under 2.4 million (on pace to exceed 2.5 million, a record high since 2022).	Local
Charleston Hospitality Occupancy (October 2025)	72% (1% dip year-over-year).	Local
Charleston Hospitality ADR Increase (October 2025)	2% (leading to 1% RevPAR increase).	Local
Summerville Average Home Value	$375,991 (down 0.9% over the past year).	Local
Summerville Flood Risk (next 30 years)	6% of properties face severe risk.	Local
Summerville Extreme Heat Risk (next 30 years)	71% of homes at extreme risk (128% increase in days over 108°F).	Local
Daily Population Influx (Tri-County Area)	43 new people move to the Tri-County area each day.	Local