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Atlanta & Southeast  + Carolinas  + Industrial  | 
Dogwood Industrial Properties has acquired the Trade Park East industrial park located in Ladson, SC, for $101.5 million.

Dogwood Industrial Properties Lays Down $102M for Charleston-Area Industrial Park

Atlanta, GA-based Dogwood Industrial Properties has acquired Trade Park East, a four-building, 837,200-square-foot industrial park located in the Charleston submarket of Ladson, SC, for $101.5 million. 

Brian Linnihan, Mike Ryan, Richard Henry and Taylor Crowder of commercial real estate services and investment firm CBRE represented Dogwood Industrial Properties to secure an $87.8-million loan from Artemis that includes future funding and a phased funding.

“In a market with such limited availability as Charleston, coupled with Dogwood’s top tier sponsorship, Trade Park East was one of the most sought-after debt executions we have ever worked on,” said Linnihan.

Trade Park East is located along Weber Boulevard and features four Class A, high-bay warehouses ranging in size from 145,600 square feet to 343,160 square feet. Construction was recently completed on all four buildings, which are 100% occupied.

Charleston’s industrial market is one of the tightest in the country, according to CBRE research, with a vacancy of just 0.4% across 72.5 million square feet.


Inside The Story

CBRE's Linnihan

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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