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.
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.
Email the Author
Reach over 250,000 Commercial Real Estate Professionals with Connect
Connect CRE reaches the top commercial real estate players nationwide and across all property types, offering you a variety of ways to showcase your team, your expertise and your brand to CRE decision makers.
The home for CRE news and everything you need to stay informed on deals, trends, and transactions, providing a platform to get your brand in front of your target audience.
Daily CRE Emails
Reaching over 150,000 inboxes across the nation every day, Connect’s Daily News emails provide advertising opportunities specific to your market.
Bi-Weekly Property Sector Emails
Focus your advertising on emails dedicated to your property sector and stay visible to current and potential clients.
Position your team as experts in your field with content created by Connect’s editorial team and published on Connect’s news emails. Showcase your intelligence and broaden your reach.