Stabilized Real Estate
Industrial - Charleston
PURCHASE PRICE
c.$109m
SIZE
1,019,200 SF
LOCATION
Charleston, SC
ACQUISITION DATE
Q4 '21

Investment Highlights

  • 2021-vintage, 1.0m SF cross-dock industrial warehouse in Charleston, SC
  • Property features state-of-the-art physical characteristics and has direct interstate access to The Port of Charleston, the deepest port on the U.S. East Coast
  • Property is 100%-leased to a manufacturer of home furnishing products
  • Charleston industrial market offers strong supply-demand fundamentals, high occupancy rates and continued positive net absorption

(1) As of October 31, 2022.