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AC Repair in Nexton, SC

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South Carolina is one of the most beautiful places in the United States to call home. However, our local weather can be extreme - high temps and thick humidity in the summer and chilly winter weather during cold months. As a local HVAC company in Nexton, SC, we know how crucial it is to have a quality HVAC system in your home and experienced technicians to keep it working correctly.

With more than 35 years of serving the Lowcountry, we are proud to be an active part of our local community. As your neighbors, we are here for all of your HVAC needs, whether you need a new AC unit installed this summer or a heat pump replacement this winter. With a reliable team of NATE-certified technicians and decades of experience in our industry, no HVAC project is too big or small for us to handle.

We offer highly competitive pricing and convenient financing options for all of our clients. At the end of the day, our goal is to make it easy and affordable to live comfortably in your home all year long. We are committed to hard work, honesty, and integrity with every service we offer. If you aren't 100% satisfied with our work, we'll do our part to make it right.

Service Areas

Here are just a few of the reasons why homeowners and business owners in South Carolina trust Action Heating & Air Conditioning:

  • We have been serving clients in South Carolina since 1983 - before many of our clients were even born!
  • We provide a wide range of HVAC services for both heating and air conditioning.
  • We are committed to giving our clients the highest quality products and services at affordable prices.
  • As a Carrier® Factory Authorized Dealer, we have the best HVAC units available.
  • We are members of the South Carolina Association of Heating and Air Conditioning Contractors.
  • We are members of our local Chamber of Commerce and the Air Conditioning Contractors of America.

If you need a trusted AC repair company in Nexton, know that our team is geared up and ready to help you today. While you browse our website, have a look at just a few of our specialties here at Action Heating & Air Conditioning:

Air Conditioning Repair in Nexton, SC

Summers in the Lowcountry are hot, humid, and sticky. After a long day at the beach or downtown with your friends, nothing feels better than kicking back on the sofa while your air conditioning cools you off. On the other hand, nothing feels worse than walking into your home and feeling warm, stale air hit your face. Those who know, know - having your AC go out during a South Carolina summer is no joke. With time, a relatively minor inconvenience can turn into a real health problem.

In situations like these, something has probably gone wrong with your HVAC system. If your AC has stopped working in the middle of summer, it's time to call Action Heating & Air Conditioning right away. Our team of certified HVAC professionals has years of experience repairing and servicing AC equipment. It doesn't matter how old your unit is or what brand you bought - we have the skills to get your home comfort system up and running in no time.

Heating And Air Conditioning Nexton, SC
Here are just a few of the AC issues that our talented team can help solve for you:
 Heating And Air Conditioning Services Nexton, SC

Air Conditioning Drainage Block

Over time, condensation builds up in your AC equipment because of its cooling process. This accumulated byproduct must be drained regularly, or the increased amounts of moisture can damage your air conditioner's components.

 AC Repair Services Nexton, SC

Air Conditioning Refrigerant Leak

Refrigerant is the substance responsible for keeping your home nice and cool in the summer. When refrigerant levels drop due to a leak, it will affect your AC equipment's ability to cool your home. If your HVAC unit isn't blowing cold air, this could be a reason why.

 HVAC Repair Services Nexton, SC

Heater Keeps Running

This is a common AC issue in South Carolina and the U.S. in general. Sometimes this problem is fixed by switching your thermostat to "auto." If that doesn't work, you may have a broken thermostat or a wiring issue that needs to be addressed quickly.

 Air Conditioning Nexton, SC

Burning Odors

It's normal for your heater to produce a slight burning smell if it hasn't been used in a while. However, if you are experiencing a persistent burning smell during the summer months when your air conditioning is on, it could be a serious problem. Turn off your HVAC system immediately and call our office as soon as possible so that we may send out a technician to diagnose your problem.

 AC Repair Nexton, SC

Broken Air Conditioning Compressor Fan

This fan plays an important role in your AC unit's heat transfer process. When your air conditioning fan breaks, your AC equipment won't be able to cool your home off in the summer when it's needed the most.

Our Special Offers

One of our goals as a company is to provide HVAC repair services at fair and competitive prices. In addition, we want you to feel confident about investing in high-quality heating and cooling systems without having to worry a lot about the costs. We make sure to provide honest and accurate quotes and we offer a variety of financing options. We want you to get the best bang for your buck, so here are some special offers.

See Our Offer

If you are experiencing any of the problems above, be sure to hire a professional contractor to fix your issues. For your safety, don't ever try to make HVAC repairs on your own unless you are trained. When the time come to have your air conditioning system repaired, our team of licensed AC technicians will handle all of the hard work on your behalf. That way, you can stay safe and have peace of mind knowing you're in good hands.

Air Conditioning Install in Nexton, SC

Your HVAC system works hard all year long. If you have gone years without much maintenance or AC repair, you probably bought a great HVAC unit. However, with constant use and even normal wear and tear, even the highest-quality HVAC systems are prone to malfunctions. Eventually, it will need to be replaced.

If you need an energy-efficient, reliable cooling system for your home or business, you have come to the right place. We have decades of experience installing new AC systems for our clients and can handle any installation project you have. As a Carrier® Factory Authorized Dealer, we have the most top-rated AC systems available in South Carolina.

At Action Heating & Air Conditioning, we know that buying a new air conditioner and installing it can be a huge source of stress. But when you work with us, it doesn't have to be that way. We have made it our mission to make the AC installation process easy and efficient for our customers. That way, they can focus more on living life and enjoying their home while we work hard on their AC install in Nexton.

Whether you plan to replace a faulty air conditioning system or need a Carrier unit for your new construction home, we have got you covered. We will work with you directly to find the best fit for your home and budget. We are also happy to answer all of your AC installation questions prior to and during your initial service appointment.

 Heater Repair Services Nexton, SC

Common Signs That You Need a New AC Install in Nexton, SC

Trying to figure out whether your air conditioner needs to be repaired or replaced can be a tricky decision to make. Most people have a hard time letting things go, and that includes AC units. It can be hard to know when to let go of the old and welcome in the new. To help save you time and make your decision a little easier, keep the following signs in mind. If you find yourself saying, "that sounds like my AC unit," it might be time for a new air conditioning installation.

 HVAC Repair Nexton, SC

Strange Noises

Almost all air conditioners make a bit of low-level noise as they warm up and turn off. However, if you hear loud, unusual noises, it might be a sign that your air conditioner's time is coming to an end. Buzzing and rattling noises are often indicators of a loose part. Grinding and whistling noises may mean something more serious is happening. Because these issues won't dissipate over time, it's crucial to have your air conditioner examined if you hear loud, strange noises.

Frequent Repairs

Nexton AC repair is essential for keeping your air conditioner working efficiently. Sometimes, however, it makes more sense from a cost perspective to install a replacement system. This is especially true if your repairs are racking up. Some AC experts suggest using the "$5,000 rule" if you're considering a new AC install. Simply multiply the age of your air conditioner by the costs you have been paying to repair your unit. If that amount is over $5,000, it may make more financial sense to install a new air conditioner rather than pay for expensive repairs throughout the year.

Higher Energy Bills

If you notice that your energy bill has significantly increased in price, it could be a sign that your HVAC unit is struggling to cool your home effectively. Try to be mindful of your air conditioner's cooling cycles. If you notice frequent cycles, even in the summer, it could be the reason for your increased energy bill. In these cases, it's best to have an expert test your system to see if a repair or replacement option is best for your family.

Age of Air Conditioning Unit

This sign is a no-brainer and one of the easiest ways to tell if you need to install a new AC system. On average, your HVAC unit will have a lifespan of 12 to 15 years. If your unit is more than ten years old and doesn't have the "pizzaz" that it once had, it might be time to think about installing a new air conditioning unit.

R-22 Refrigerant

Old air conditioners usually require a type of refrigerant called R-22. This substance is very harmful to the environment and has been all but outlawed on newer HVAC systems. If your AC unit is old enough to require R-22, you should give serious thought to replacing your system with a newer, environmentally friendly solution.

Call Action Heating & Air Conditioning Today!

Over our 35+ year history, we have built our reputation on honesty, skilled workmanship, and reasonable pricing. If you are on the hunt for the highest quality air conditioning repair in Nexton, SC, give our office a call today.

Call us at 843-875-2993

Protecting Your Investment

Your air conditioning system works very hard every day, all year long to keep your home comfy and cool. Machines that work hard year-round are going to require maintenance and ongoing services to stay operational.

As a family-owned and operated HVAC company in Nexton, SC, we know better than anyone how expensive it can be to maintain an AC unit. We know that money doesn't grow on trees. We also understand that finding last-minute resources to fix an air conditioning system can be challenging. That is why we offer extended warranties for your new or existing AC equipment. With an extended warranty from Action Heating & Air Conditioning, you benefit from repairs, replacement, and additional services covered under warranty. That way, you can enjoy your HVAC products as long as possible.

 Heating And AC Services Nexton, SC
If you're having second thoughts about purchasing an extended warranty, consider these points:
  • Generally speaking, HVAC equipment lasts anywhere from 10 to 15 years. However, warranties provided by the factory will often expire before the service life of your cooling unit is over. With an extended warranty, your indoor comfort system is covered even if the factory warranty expires.
  • Having an extended warranty on your AC system gives you the chance to project and plan for any HVAC costs. This helps you balance your budget and anticipate expenses so you aren't caught off guard. Having a warranty will also help protect your budget against increases in labor and parts costs due to inflation.
  • If you're thinking of selling your home, having an extended warranty may help raise your home's value. You may also be able to transfer your extended warranty to your new home if you choose to do so.

Latest News in Nexton, SC

Nexton: From Timber Forest, to a Thriving Community at the Lowcountry's New Geographic Center

Sep 2020Initially, it was difficult for many people to envision. After all, the map showed only thousands of acres of timber tracts surrounding Summerville, but Dexter Rumsey saw it coming. He knew the tract which would ultimately become Cane Bay Plantation on Hwy 176 was under contract, he understood proximity to Interstate 26 offered access and visibility, and he realized there would be demand for land to develop in the years to come.Now, everyone can see the success of the Nexton community, located between I-26 and Hwy 176. ...

Sep 2020

Initially, it was difficult for many people to envision. After all, the map showed only thousands of acres of timber tracts surrounding Summerville, but Dexter Rumsey saw it coming. He knew the tract which would ultimately become Cane Bay Plantation on Hwy 176 was under contract, he understood proximity to Interstate 26 offered access and visibility, and he realized there would be demand for land to develop in the years to come.

Now, everyone can see the success of the Nexton community, located between I-26 and Hwy 176. Thousands of homes, dozens of businesses, schools and medical facilities — Nexton has indeed become the “next town” its name signifies, with room for future growth. And commercial real estate leader NAI Charleston has been part of it from the beginning, active in the sale of land for neighborhoods, banks, restaurants and other amenities that serve those who live there.

“At first, people didn’t understand it. It was a timber tract with very poor access,” says Rumsey, partner at NAI Charleston, who found the land when searching for large development sites. “There were only service roads accessing the Sheep Island tract, but I knew what the Cane Bay developer was planning and thought, ‘Well if that project is in the works on Hwy 176, then this tract with interstate frontage is a no-brainer.’ The rest is history.”

The result was a $21 million deal with Crescent Resources, who worked with Berkeley County to record a Development Agreement with entitlements for “The Parks of Berkeley” on the Sheep Island tract. MeadWestvaco was the original seller but ultimately purchased the property back from Crescent and commenced with an aggressive campaign of building roads and installing utilities for what would become the Nexton community.

NAI Charleston’s land brokerage continued beyond the original sale to Crescent, later representing WestRock (formerly MeadWestvaco) in parcel sales totaling over $47 million in closed deals at Nexton, with more still in the works. “The land was originally affordable, and you had the infrastructure in place,” says Thomas Boulware, Partner and Broker-in-Charge at NAI Charleston. “Being right off I-26, with 17-A and highways 176 and 78, you had a lot of access. The foresight of Berkeley County to adopt a Development Agreement allowing the necessary infrastructure and zoning expedited the entire process. We were able to create a place and a community for people looking to move into our market.” NAI Charleston facilitated the land sale for Nexton Square on 17-A and for the future Nexton Town Center between Brighton Park Blvd. and Sigma Drive. Today, the Nexton development continues to grow under the ownership of Newland Communities with plans for years to come.

Residential and retail

With the Atlantic Ocean to the east and protected lands to the north and south, such as the Francis Marion National Forest and ACE Basin, the growth of the Charleston area has always been limited. With Mount Pleasant approaching capacity and outer West Ashley’s drainage issues, growth has been funneled in one direction — up the I-26 corridor, toward Summerville and beyond.

“It’s the most logical direction for growth,” continues Rumsey. “In a pure development model, you follow the transportation route, and we only have a semicircle. We have developers asking us all about land for homes and industrial uses from Ridgeville to St. George and I-95, including areas I never thought would have received that attention.”

That growth, fueled by industrial linchpins like Volvo in Ridgeville and DHL in St. George, has helped make Nexton more centralized. With new residents comes a demand for more supporting businesses — like Carolina Ale House, Rainbow Child Care, CPM Federal Credit Union, Cambria Hotel, a self-storage facility, and other businesses that NAI Charleston has helped introduce to the community.

“As residential starts filling in, retail is going to follow,” says Will Sherrod, a veteran broker at NAI Charleston. “You've got large developers that are looking at parcels close to the interstate — not only the Harris Teeter site that has been public knowledge, but there's also another proposed grocery group looking in the same area. There are multiple convenience store groups that are interested in parcels along Nexton Parkway on both sides of the interstate.” NAI Charleston currently represents the owner of approximately ±100-acres planned for mixed-use development along Nexton Parkway/North Maple, south of I-26.

Although much of Nexton’s commercial development has clustered around U.S. 17, Nexton Parkway offers the potential for further expansion. “It's probably going to be smarter and not as congested as North Main Street,” Sherrod says. “I think it will be a welcome shift. You'll see some of these larger retailers potentially explore the Nexton Parkway side. Post-COVID-19, we’ll have to see what big boxes are looking at in terms of expansion, but I think you’ll see continued growth of retail along that side of the interstate.”

Access is key. The Nexton interchange on I-26, which opened in 2018, was in Crescent’s plans from the start. “They worked hand-in-hand with Berkeley County to adopt a development plan that laid out a long-term set of guidelines for commercial, multifamily, and medical hubs within those 4,500 acres,” Rumsey says. The Nexton Parkway interchange on I-26 was on the master plan back in 2006. Ultimately, it came to fruition 12 years later, reducing congestion on Hwy 17-A and providing direct access to entitled land with utilities.

Accessibility and affordability

The owners of Carolina Ale House saw the potential as well. When they decided to expand to Nexton, they wanted a site with parking that could accommodate 150 cars. “They said, ‘This is going to be the hottest restaurant we have in our portfolio of restaurants throughout the Carolinas,’” Rumsey recalls. NAI Charleston brokered the land for $2.1 million and later sold the Starbucks next door and an adjacent ±1-acre parcel to the same owner. This parcel is currently offered for ground lease as a future bank site.

It was a similar situation for First Citizens Bank, which had searched for two years to find the right spot in the area. When they found Nexton, they bought not just the land for their branch, but an entire 12-acre parcel which sits across the street from a proposed Harris Teeter. “We've had a tremendous amount of interest in it,” says David Grubbs, partner at NAI Charleston. “They've been very methodical about the development of the rest of the 12 acres because they want complementary and compatible uses.”

Jim Rozier, late former Berkeley County supervisor, had a vision to create a commercial base to reduce taxes on homeowners, and he was deeply involved in multiple development agreements for the area. The collaboration of the county, the accessibility of the land, and the opportunities yielded from potential land entitlements allowed Nexton to become a reality. The development has come a long way from that initial $21 million land deal, resulting in a vibrant mixed-use community at the center of the Lowcountry.

Contact NAI Charleston at (843) 720-4944 about any of their available properties at Nexton, or visit their website at NAICharleston.com for further information.

Several new restaurants, other businesses coming to Charleston-area development

Several new commercial tenants are coming to a large housing development on the edge of Summerville.Lombardi’s Pizza Kitchen, The Co-op Frosé & Eatery, The Backyard Biergarten, Lowcountry Yoga and children’s gym KidStro...

Several new commercial tenants are coming to a large housing development on the edge of Summerville.

Lombardi’s Pizza Kitchen, The Co-op Frosé & Eatery, The Backyard Biergarten, Lowcountry Yoga and children’s gym KidStrong are all lined up to be a part of The Hub in Nexton.

The restaurants and fitness sites are expected to move in by late June or early July, according to Nexton spokeswoman Cassie Cataline.

The Hub is a collection of office and commercial buildings under development on Nexton Parkway and Brighton Park Boulevard near Home Telecom and Refuel convenience store.

Office tenants include Coastal Vascular & Vein Center, Charleston Wound Care, Palmetto Primary and Specialty Care Physicians, Derrington Dermatology and Holliday Ingram law firm.

A new pair of two-story office buildings is expected to be completed in 2024 and 2025. They will be 30,000 square feet and 20,000 square feet, respectively, and be built beside Nexton Parkway.

Nexton is a 5,000-acre, mixed-use development next to Summerville between Interstate 26 and U.S. Highway 176 in Berkeley County. With more than 2,500 homes already sold, the development is expected to have 7,500 residential units at full build-out.

It also could house as many residents as the current populations of Clemson, North Myrtle Beach or West Columbia, roughly between 16,000 and 20,000. That would make it as big as Moncks Corner and Georgetown combined.

Now open

A new pizza restaurant is now open in Mount Pleasant.

BarPizza opened May 12 at 656-G Long Point Road in the revamped former Kiki & Rye space.

It’s part of Free Reign Restaurants owned by Ryan and Kelleanne Jones. They also operate the recently opened Southbound on the Charleston peninsula and Community Table in Mount Pleasant.

Stepping in

A new retail shop that incorporates a clothing item in all of its wares is close to opening in downtown Charleston.

Respoke hopes to open by the weekend at 377 King St. in the former location of Simply J Boutique.

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The shop will offer shoes, clothing and other items that are made in part by repurposing different sections of scarves. Hours will be 10 a.m.-6 p.m. daily, but they could change after the shop opens, according to store manager Joseph Fennell.

New threads

Also, coming to downtown Charleston is a new women’s clothing store, now with a shop in Asheville.

Hazel Twenty owner Lexi DiYeso plans to open in August at 73 Wentworth St., formerly part of 269 King St. that was used as back-of-house storage for the former Gap store. The front section houses Aerie, also a clothing shop.

Real Estate

The 3,641-square-foot space is currently under construction behind clothing store Collared Greens and next to The Port Mercantile, part of The Restoration Hotel, according to Blair Hines Gearhart of Oswald Cooke & Associates, who represented the tenant. Charles Constant with Constant Properties represented the landlord.

Fresh return

Ruke’s Produce Stand returns to Mount Pleasant on May 24. Operated by Arthur Brown, the vegetable and fruit vendor will operate 10 a.m. to 5 p.m. Monday through Saturday through Dec. 31. It’s at 378 Mathis Ferry Road next to Holy Trinity AME Church.

Book it

That Big Book Sale returns for its 41st run May 19-21 at Omar Shrine Auditorium at 176 Patriots Point Road in Mount Pleasant.

More than 60,000 books in all categories will be on sale, starting at $1. Sponsored by Charleston Friends of the Library, the event helps support Charleston County Public Library System.

A pre-sale event for members is 5-8 p.m. May 18. The event is open to the public 9 a.m.-7 p.m. May 19, 9 a.m.-5 p.m. May 20, and 10 a.m-3 p.m. May 21.

Checks, cash, major credit cards and electronic payments, such as ApplePay, will be accepted.

Real Estate

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New-to-market homebuilder coming to Nexton community in Summerville

A new homebuilder and land developer has been added to builder program at the Nexton community in Summerville.With plans to develop a new collection of townhomes in Nexton, this addition marks Brookfield Residential’s first project in South Carolina, according to a news release.Brookfield Residential is an internationally backed organization with more than 65 years of homebuilding experience, the release stated. Operations extend across the United States with major developments in more than 15 markets and over 65 active h...

A new homebuilder and land developer has been added to builder program at the Nexton community in Summerville.

With plans to develop a new collection of townhomes in Nexton, this addition marks Brookfield Residential’s first project in South Carolina, according to a news release.

Brookfield Residential is an internationally backed organization with more than 65 years of homebuilding experience, the release stated. Operations extend across the United States with major developments in more than 15 markets and over 65 active housing communities.

The homebuilder is an affiliate of Brookfield Properties, which currently has a sizable footprint in the Carolinas including 3,500 active employees and $4.8 billion assets under management, the release stated. Assets include logistics, hospitality and retail operations, notably Columbiana Centre, a high-quality retail mall.

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“We are delighted to join the Nexton community and add to the diverse array of housing options” said Gregg Hughes, senior vice president, Housing and Operations for Brookfield Residential, in the release. “Nexton has a vibrant, charming personality and we’re hoping these new townhomes reflect the community and serve the needs of today’s homebuyer.”

Located in Nexton’s Midtown neighborhood, Brookfield Residential’s entry-level townhome collection will feature 1,600 square feet on two finished levels of living space with prices starting in the mid-$300,000s, the release stated. The townhomes will offer three-bedroom layouts with an option for two primary suites. Interiors will include open floor plans and designer kitchens with stainless steel appliances and granite countertops.

Pre-sales will begin mid-summer with a model residence opening later this year.

Midtown also includes the Midtown Club, featuring a resort-style pool, fitness center and indoor and outdoor flex spaces available to members of the Nexton Residential Association, the release stated. The neighborhood also will feature food trucks, movie nights and social events.

Nexton, which got its start in 2013, is a lifestyle-driven destination that blends live, work and play by offering conveniences such as state-of-the-art schools, modern infrastructure, 20 miles of trails and 2,000 acres of green space, the release stated. Nexton has currently sold over 2,600 homes.

With the addition of Brookfield Residential, Nexton’s builder program now features 10 builders that also includes Ashton Woods, Centex, David Weekley, Del Webb, Homes by Dickerson, New Leaf, Pulte Homes, Saussy Burbank and True Homes, according to the release.

Nexton luncheon spotlights ‘booming’ local economy

Ample servings of Champagne coupled with a coastal poolside ambiance served as a fitting backdrop to a favorable economic forecast report during an April 4 Nexton luncheon attended by several local realtors at a sun-splashed Midtown Club in Summerville.Following a brief synopsis of Nexton’s recent sales and continued growth as a “third job center” in the Charleston market, the mixed-use development’s marketing coordinator Alicia Smith introduced South Carolina Ports Authority Business Development Manager Marion...

Ample servings of Champagne coupled with a coastal poolside ambiance served as a fitting backdrop to a favorable economic forecast report during an April 4 Nexton luncheon attended by several local realtors at a sun-splashed Midtown Club in Summerville.

Following a brief synopsis of Nexton’s recent sales and continued growth as a “third job center” in the Charleston market, the mixed-use development’s marketing coordinator Alicia Smith introduced South Carolina Ports Authority Business Development Manager Marion Bull to the podium, as he delved into his group’s efforts of recruiting business activity to the Lowcountry.

The guest speaker sang the praises of Nexton — which is currently celebrating its 10th anniversary as a destination venue in the Summerville community — for its role in providing housing for incoming employees of national and global firms seeking to establish a presence in the Charleston region.

Moving forward, Bull anticipates Nexton continuing to offer corporations an attractive option for its staffers as a source of housing, employment and an ever-expanding array of amenities with new industry emerging in the Jedburg area of Summerville, as well as Ridgeville in the very near future.

“When they want to live somewhere with, you know, a high quality of life that’s affordable, this is a place where business leaders can feel comfortable locating their businesses here,” began the Mount Pleasant resident.

“South Carolina has done a fantastic job as a state, [and] not just as a port, in recruiting business. [We had] $10 billion in investment last year. I think the largest previous year was $3 billion or so. It’s a huge number for our economic development in the state of South Carolina and some of it has happened right here.”

Bull detailed that South Carolina Ports drives about $63 billion in economic impact statewide, with about $8 billion of it emanating from the Lowcountry. In fact, about 30,000 jobs are either directly or indirectly linked to port activity in the immediate surrounding zone — a number that he anticipates will “dramatically” increase due to investments by Volvo, Walmart, Mercedes-Benz and the like.

Luncheon attendees were also treated to a breakdown of expectations for the real estate market in 2023 by President of the Charleston Trident Association of Realtors (CTAR) Katesha Breland.

The Charleston-born real estate broker noted the Charleston region’s remarkable 25 percent population growth over the past decade, along with a 17 percent spurt of newcomers in Summerville over that same 10-year stretch.

“We see changes in our local culture, our restaurant scene, our retail opportunities, and of course, we feel it in our traffic as well,” she stated.

“The local economy is booming. The Nexton development offers something that Summerville residents hadn’t seen before, an intentionally-developed masterplan community that gives residents the ease and opportunity to live, work and play right in their backyards ... that’s just what Nexton does. They haven’t built a neighborhood, they’ve built a community. While local media doesn’t always like to focus on the positives of our real estate market, there’s plenty of good news I can share with you,” added Breland without referencing any specific news media outlet.

On that note, the CTAR leader communicated that closed property sales were down in 2022 by 18 percent, but compared to 2019, that total was actually up six percent.

Breland further spoke of a healthy, sustainable pace of growth, as the overall median sales price increased 14 percent, single-family home prices surged 12 percent and townhouse/condos similarly saw a 22 percent uptick.

Summerville and Moncks Corner, in particular, were two of the top areas in terms of home sales in 2022.

“We expect sales will remain at the pace we’re seeing now, which is a good, healthy pace. Prices will also increase likely at a slower pace than we’ve been seeing. But that’s good news for buyers who are challenged by the affordability of our region.”

Breland concluded her address by lauding Nexton for its development of a wide range of home options (single-family, townhouses, rentals, etc.) and a variety of price points for prospective residents.

Brookfield Residential to acquire Nexton developers

Newland, the developers behind the master-planned Summerville community, are being acquired by Brookfield Residential, a company headquarterd in Calgary, Canada. The acquisition won’t affect any current plans, including the groundbreaking of Downtown Nexton.By Teri Errico GriffisBrookfield Residential has agreed to acquire Newland, the ...

Newland, the developers behind the master-planned Summerville community, are being acquired by Brookfield Residential, a company headquarterd in Calgary, Canada. The acquisition won’t affect any current plans, including the groundbreaking of Downtown Nexton.

By Teri Errico Griffis

Brookfield Residential has agreed to acquire Newland, the developers of Nexton, an award-winning master-planned community in Summerville.

Along with the acquisition of the management company on June 1, Brookfield Residential is also acquiring the 5% general partner’s equity interest in 15 of the 20 master-planned communities that Newland is currently developing. Brookfield is headquartered with corporate offices in Calgary, Canada.

Brookfield Residential’s Managing Partner, Real Estate and President, Development Adrian Foley said the investment allows the company to expand as a “large-scale provider of lofts to third-party builders” and potentially expand the Brookfield Residential homebuilding brand.

“The acquisition of Newland adds phenomenal master-planned communities to our portfolio in exciting new markets that are experiencing tremendous growth and a lack of supply of new homes,” Foley said. “It will round out our existing development capabilities making us one of the few companies that has the breadth of resources, capital and operational talent to successfully scale in this area of the market.”

The company said the acquisition broadens’ Brookfield Residential’s footprint across the country and leverages Brookfield Properties’ development capabilities into new markets, including Dallas-Fort Worth, Houston, Atlanta, Tampa, Seattle-Tacoma, Portland, Raleigh-Durham and Wilmington, in addition to Summerville.

Newland is U.S. real estate land development company with 50 years’ experience in real estate developments.

“We are extremely pleased to be able to team up with Brookfield Properties’ development group,” Newland Executive Chairman Bob McLeod said. “This acquisition will provide more opportunities for the continued development of additional mixed-use masterplans well into the future as well as give us significant additional vertical development opportunities. We are looking forward to becoming part of the Brookfield team.”

A spokesperson for Nexton said the acquisition won’t affect any of the current developments, including the $300 million groundbreaking of downtown Nexton.

The urban-inspired mixed-use development will be situated on nearly 100 acres between Sigma Drive and Brighton Park Boulevard, a Nexton release said. Plans include retail, dining, hospitality, residential, service, office and commercial options within walking distance of Nexton’s residential neighborhoods.

In total, 110,000 square feet of office space will be available for lease.

Construction on Downtown Nexton will occur in phases throughout the next few years with the first stage including multifamily units and a mixed-use building that has ground-level retail beneath loft apartments.

The project is developed by New Jersey-based Sharbell Development Corp., a mixed-use developer with more than 37 years experience in the industry.

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