Goldrich Kest Buys Charleston-Area Warehouse

February 13, 2026

A parts manufacturer and distributor for the automotive industry occupies the entire facility.

Aerial view of an industrial building at 479 Trade Center Parkway in Summerville, S.C. — The warehouse is close to Interstate 26 and is part of Charleston Trade Center. *Image courtesy of Avison Young*

Goldrich Kest has acquired a 448,765-square-foot industrial facility in Summerville, S.C., marking its first investment in the state, according to American Journal of Transportation.

Avison Young brokered the transaction. Honolulu-based Laulima Families sold the property for an undisclosed price, according to Yardi Matrix.

The Class A warehouse previously changed ownership in 2020, when Laulima Families paid $55 million to a partnership between The Keith Corp. and Singerman Real Estate.

IFA Rotorion, a subsidiary of Germany-based IFA Group, is the sole tenant of the distribution facility, occupying it entirely. The company serves brands such as Mercedes-Benz, Porsche, BMW and Ferrari.

The 32-acre property is at 479 Trade Center Parkway, near Interstate 26. Charleston International Airport is 24 miles away, while Port of Charleston is within 32 miles.

Completed in 2022, the facility has 32-foot clear heights, six grade-level doors, 35 dock-high doors and 207 parking spots. Goldrich Kest’s new building is part of Charleston Trade Center, a 3 million-square-foot campus serving as a primary hub for port-related products and activity.

Avison Young Principals Erik Foster and Michael Wilson, together with Senior Vice President Alex Irwin, brokered the transaction.

South Carolina Ports drives industrial activity

Container volume growth at South Carolina Ports is a main driver of Charleston’s industrial sector. Despite trade issues, the port recorded 3 percent growth last year, while the state is positioned to become one of the most competitive among the Southeast port markets, according to South Carolina Ports’ annual report for the 2025 fiscal year.

Serving as the eighth-largest container port in the U.S., S.C. Ports has ongoing expansions at the Port of Charleston and North Charleston Terminal, with the largest investment being the Hugh K. Leatherman Terminal. The multi-phase, $2 billion development is the most recent ocean terminal to open in the U.S. in over a decade. These additions position South Carolina to reach 10 million TEUs through its entire port system.

This growth continued to attract more industrial development and investment. In September 2025, Accordia entered South Carolina with a $48 million acquisition. The company acquired two buildings totaling 305,114 square feet in one of the largest investments in the firm’s 20-year history.

Also last year, Equity Industrial Partners completed a 384,000-square-foot project near Charleston. RoadOne IntermodalLogistics uses the property, where another, 300,000-square-foot warehouse is set to be delivered by 2027.