Sep
01

Green Is Color of New Industrial Park

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September 1, 2008

By John P. McDermott – The Post and Courier

Its profit potential aside, the $175 million industrial park that Trammell Crow Co. is getting ready to build near Summerville will have a decidedly green tinge to it.

The Dallas-based developer said it will seek LEED certification, short for Leadership in Energy and Environmental Design, from the U.S. Green Building Council for the initial building, calling it a first for a major industrial structure in the Charleston region.

Work is set to begin this month on the 505,000-square-foot structure. Completion is scheduled for mid-2009.

The project will kick off the first phase of Trammell Crow’s planned 315-acre Omni Commerce Park. If fully built out, the former commercial nursery property would house seven cavernous industrial structures with nearly 3 million square feet of space for use as warehouses, distribution centers and light manufacturing, according to plans filed with Berkeley County.

Crow paid a hair more than $6 million this month for the first 97-acre parcel (or about $62,000 per acre) along the westbound lanes of Interstate 26 near Jedburg Road. It has options and rights to buy the remaining acreage for undisclosed prices from Eastway Properties LLC.

The leasing duties for the first phase of Omni Commerce have been awarded to Bob Barrineau, veteran industrial real estate broker at CB/Richard Ellis Carmody of Charleston, which keeps things within the family.

LINK TO ARTICLE HERE:
http://www.charleston.net/news/2008/sep/01/green_color_new_industrial_park52646/

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