Nov
14

200,000 SF Charleston Industrial Building Sold

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Kontane Logistics, an industry leader in Third Party Logistics with locations in N.C., S.C. and Texas, has purchased International Center I, a 200,000 SF, Class A, industrial distribution building located at 1000 Charleston Regional Parkway in Charleston. The center is strategically located between the Port of Charleston’s Wando Welch and North Charleston container terminals, and is in an active Foreign Trade Zone, which greatly benefits Kontane Logistics’ high-volume importers.  Loopnet reports the sales price as $10,600,000 ($53/SF).

The sellers were Greystar Real Estate Group and Thackeray Partners. Colliers International brokered the sale. Lane Holbert, CCIM, SIOR of Cassidy Turley and Hagood Morrison, SIOR of Colliers represented Kontane Logistics in the site and facility search. Peter Fennelly, SIOR, MCR and Simons Johnson, SIOR, CCIM, MCR represented the Seller in the transaction.

 

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