A Charlotte commercial real estate investment firm is developing two new nearly 800,000 square foot industrial buildings in the Charleston area.
Trinity Capital Advisors partners with Miami Iconic actions to create two 780,000 square foot Class A industrial buildings. The industrial space will be located on 115 acres at 239 Jedburg Road in Summerville and is expected to open in the spring of 2023, the company said in a press release.
“We are committed to expanding our industrial portfolio in Charleston,” Trinity Capital partner Walker Collier said in a statement. “As an emerging distribution hub, the ease of access and skilled labor pool make the region an extremely attractive investment.”
Construction of the two new buildings is expected to begin this summer. Trinity said one building will be a 621,000 square foot transshipment facility. The other building will be a 158,000 square foot rear-loading facility. JLL manages the rental of the properties, the company said.
The new project brings Trinity Capital’s square footage under development in the area to approximately 1.6 million and represents its second industrial speculative project in the area, the company said.
Two buildings are under construction, four in total to be delivered this year to TradePark East industrial park located in North Charleston.
Contact Andy Owens at 843-849-3142.