SunCap Acquires 30 Acres in North Charleston for 375,000 SF Industrial Campus
NORTH CHARLESTON, S.C. — SunCap Property Group has acquired 30 acres within Palmetto Commerce Parkway in North Charleston with plans to develop a new industrial campus. The project, dubbed Palmetto Trade Center, will accommodate two buildings totaling 375,000 square feet. The property is located roughly 17 miles northwest of the Port of Charleston. Palmetto Trade Center I will total 141,000 square feet and is scheduled to break ground in May. McMillan Pazdan Smith is the project architect, and CBRE’s Charleston office will handle the campus’ leasing assignment. The project marks SunCap’s third project in the Charleston area since the company’s inception in 2009.