LAUTH TO BUILD TWO DISTRIBUTION FACILITIES AT NORTH POINTE INDUSTRIAL PARK

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CHARLESTON, S.C. — Lauth is developing two Class A bulk distribution buildings at North Pointe Industrial Park in Charleston, located 4 miles from the Port of Charleston and 5 miles from Interstate 26 and I-526. Construction of the 390,180-square-foot North Pointe Building Four will commence in June, with initial occupancy projected for the first quarter. Construction of North Pointe Building Five, which will feature 399,732 square feet, is slated to begin after Building Four is completed. Hagood Morrison, Peter Fennelly and Simons Johnson of Colliers Keenan are marketing the property.

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