South Carolina

CHARLESTON, S.C. — A joint venture between North Signal Capital LLC and a fund managed by Westport Capital Partners LLC has purchased two industrial sites in Charleston with plans to develop a speculative building and a build-to-suit property. The sites, collectively referred to as North Pointe Commerce Park, will add approximately 400,000 square feet of Class A industrial space to the market. The partnership will break ground on the 250,000-square-foot speculative building this month, with delivery slated for September 2018. The build-to-suit project could deliver as early as September 2018. North Pointe Commerce Park is situated within 10 miles of the Charleston International Airport, North Charleston Terminal, Boeing and SPAWAR, the U.S. naval installation. Colliers International represented the seller, WestRock, in the transaction. Peter Fennelly, Hagood Morrison and Simons Johnson of Colliers will handle the industrial park’s leasing assignment.

ROCK HILL, S.C. — Ware Malcomb, an international commercial real estate design firm, has helped deliver Legacy Park West, a 558,000-square-foot industrial property in Rock Hill, a South Carolina suburb of Charlotte. The development is located roughly one mile from Interstate 77 and includes two speculative industrial buildings, with a third building planned for the future. The one-story buildings feature concrete tilt-up wall panels, insulated steel roof structures and 30- and 32-foot clear heights. Evans General Contractors was the general contractor for the project, and Scannell Properties was the developer.