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Atlanta & Southeast  + Industrial  |  March 3, 2021
David Cohen
By: David Cohen

Avison Young Arranges Sale of 588K-SF Industrial Facility in Charleston

Avison Young has brokered the sale of a 587,720-square-foot industrial property in Charleston’s Summerville submarket. The sales price was not disclosed.

The Class A facility is on a 43-acre site within the Omni Industrial Campus, a 221-acre master planned business park that provides proximity to the Port of Charleston and direct access to I-26. The building was constructed in 2018 and is fully leased to 3G Distribution Services, a third-party logistics provider.

Erik Foster and Mike Wilson of Avison Young represented the seller in the transaction, Clarius Partners LLC, a full-service real estate investment and development company, along with their partner Wanxiang America Real Estate Group, a Chicago-based real estate investment firm.  The buyer was an institutional real estate venture capital firm.

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Avison Young's Wilson

About David Cohen

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. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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