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Atlanta & Southeast   /   April 6, 2021

David Cohen
By: David Cohen

LBA Realty Acquires Charleston Distribution Facility

JLL has arranged the sale of North Pointe B, a fully-leased, 247,000-square-foot distribution facility in the Charleston-area community of Hanahan, S.C. The sales price was not disclosed. LBA Realty acquired the property.

North Pointe B is fully leased to Expeditors International of Washington, Inc., one of the world’s largest global logistics companies. Completed in 2018, the LEED-certified building features 32-foot clear heights, ESFR fire protection and energy efficient LED lighting throughout. Situated on 19 acres at 1017 North Pointe Industrial Blvd., the facility sits within the North Pointe Business Campus, a 2.2-million-square-foot master-planned industrial park.

Patrick Nally, Pete Pittroff and Dave Andrews of JLL represented the seller, a joint venture owned by North Signal Capital and a fund managed by Westport Capital Partners.

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David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles.
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