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JLL Brokers $55M Sale of Metro Charleston Industrial Facility

JLL has brokered the $55 million sale of a 448,765-square-foot, manufacturing and distribution facility in Summerville, S.C.

Built in 2018, the facility is currently fully leased to IFA Rotorion, a market-leading automotive supplier of prop shafts and joint competencies. The rear-load building features 32-foot clear heights, ESFR sprinklers, LED lighting with motion sensors, ample parking and minimal office space. The facility is located at 479 Trade Center Pkwy on more than 33 acres.

Pete Pittroff and Patrick Nally of JLL represented the sellers, Charlotte-based Keith Corp. and Chicago-based Singerman Real Estate, in the transaction. Solid Rock Group represented the buyer, an undisclosed domestic family office.

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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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