{"id":1004559558,"date":"2021-12-01T09:08:02","date_gmt":"2021-12-01T17:08:02","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004559558"},"modified":"2022-12-08T18:52:25","modified_gmt":"2022-12-09T02:52:25","slug":"250m-port-centric-logistics-park-planned-for-north-charleston","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/250m-port-centric-logistics-park-planned-for-north-charleston\/","title":{"rendered":"$250M Port-Centric Project Planned for North Charleston"},"content":{"rendered":"<div id=\"attachment_1004559566\" style=\"width: 310px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004559566\" data-attachment-id=\"1004559566\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/250m-port-centric-logistics-park-planned-for-north-charleston\/dji-0768\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/12\/Shipyard-Creek-Logistics-Center-site-North-CharlestonS.C..jpg\" data-orig-size=\"803,617\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Capital Development&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;Capital Development Partners developing 135-acre high speed port logistics facility adjacent to SC Ports\\u2019 Leatherman Terminal&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;DJI-0768&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Shipyard Creek Logistics Center, North Charleston, S.C. Image courtesy of Capital Development Partners\" data-image-description=\"&lt;p&gt;Shipyard Creek Logistics Center, North Charleston, S.C. Image courtesy of Capital Development Partners&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Shipyard Creek Logistics Center, North Charleston, S.C. Image courtesy of Capital Development Partners&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/12\/Shipyard-Creek-Logistics-Center-site-North-CharlestonS.C..jpg?w=803\" class=\"size-medium wp-image-1004559566\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/12\/Shipyard-Creek-Logistics-Center-site-North-CharlestonS.C..jpg?w=300\" alt=\"\" width=\"300\" height=\"231\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/12\/Shipyard-Creek-Logistics-Center-site-North-CharlestonS.C..jpg 803w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/12\/Shipyard-Creek-Logistics-Center-site-North-CharlestonS.C..jpg?resize=300,231 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/12\/Shipyard-Creek-Logistics-Center-site-North-CharlestonS.C..jpg?resize=768,590 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-1004559566\" class=\"wp-caption-text\">Shipyard Creek Logistics Center, North Charleston, S.C. Image courtesy of Capital Development Partners<\/p><\/div>\n<p>Capital Development Partners has taken a major step toward the realization of Shipyard Creek Logistics Center, a $250 million industrial park in North Charleston, S.C., with the recent acquisition of 135 acres of land. The purchase of the acreage helps pave the way for the state-of-the-art campus to sprout up adjacent to South Carolina Ports\u2019 newly opened Hugh K. Leatherman Terminal.<\/p>\n<p>Featuring the address of 1800 Pittsburgh Ave, the well-located swath of land had belonged to Shipyard Creek Associates, and according to <em><a href=\"https:\/\/urldefense.com\/v3\/__https:\/www.postandcourier.com\/business\/real_estate\/ga-industrial-developer-pays-63m-for-former-north-charleston-superfund-site\/article_3c9ace82-47ca-11ec-b2a2-6f3686b0fb93.html?fr=operanews__;!!CsTVFFc!bqn_sIUfKQOal1hU1MUcflRz2CMcYo5Qt_KOhWF7iWE-fqS6AMHlcyS7XsPN_n5TW5HfR4dJ$\">The Post and Courier<\/a><\/em>, CDP acquired it for $63 million. Acting as a strategic partner of Carolina Ports, Capital Development will transform the site into a cutting-edge logistics destination featuring container storage, cross-dock terminals, warehousing and high-speed logistics infrastructure.<\/p>\n<p>Tenants at Shipyard Creek will not only have access to modern industrial accommodations, but they will also be able to avail themselves of the conveniences of the close proximity of the $2 billion Leatherman Terminal, SC Ports&#8217; future dual rail-served intermodal cargo facility, as well as Interstate 26.<\/p>\n<h2><strong>The right place and time<\/strong><\/h2>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/port-volumes-help-fuel-industrial-real-estates-fire\/\">South Carolina&#8217;s industrial property market<\/a> has been thriving over the last several quarters. &#8220;It is no secret that the South Carolina ports are driving industrial activity to record-breaking levels and boosting demand throughout the entire logistics pipeline,&#8221; according to a third-quarter 2021 report by Colliers International. &#8220;Industrial demand in South Carolina is expected to continue at unprecedented levels throughout 2022. Online ordering increased exponentially over the past year, taxing port-related infrastructure to unparalleled levels.&#8221;<\/p>\n<p>Now, more than ever, it is metropolitan Charleston&#8217;s time to benefit from that demand, as the city&#8217;s ports attract shipping amid the nationwide supply chain challenges. North Charleston is faring particularly well, having outpaced all other submarkets in the third quarter with 1 million square feet of the Greater Charleston area&#8217;s overall 2.2 million square feet of positive net absorption, according to the Colliers report.<\/p>\n<p>With the completion of the land acquisition for Shipyard Creek, Capital Development plans to commence construction on site infrastructure and the park&#8217;s first facility immediately. Fast-track delivery is scheduled for 2022.<\/p>\n<p><\/p>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Capital Development Partners is ready to launch Shipyard Creek Logistics Center.<\/p>\n","protected":false},"author":969,"featured_media":1004559566,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,22251,21748,21742],"tags":[],"class_list":["post-1004559558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-in-focus","category-industrial","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>$250M Port-Centric Project Planned for North Charleston - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/250m-port-centric-logistics-park-planned-for-north-charleston\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$250M Port-Centric Project Planned for North Charleston\" \/>\n<meta property=\"og:description\" content=\"Capital Development Partners is ready to launch Shipyard Creek Logistics Center.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/250m-port-centric-logistics-park-planned-for-north-charleston\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-01T17:08:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T02:52:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/12\/Shipyard-Creek-Logistics-Center-site-North-CharlestonS.C..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"803\" \/>\n\t<meta property=\"og:image:height\" content=\"617\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Barbra Murray\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/250m-port-centric-logistics-park-planned-for-north-charleston\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/250m-port-centric-logistics-park-planned-for-north-charleston\/\",\"name\":\"$250M Port-Centric Project Planned for North Charleston - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/250m-port-centric-logistics-park-planned-for-north-charleston\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/250m-port-centric-logistics-park-planned-for-north-charleston\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/12\/Shipyard-Creek-Logistics-Center-site-North-CharlestonS.C..jpg\",\"datePublished\":\"2021-12-01T17:08:02+00:00\",\"dateModified\":\"2022-12-09T02:52:25+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d1edda962dd3af55af8a203870f9fc32\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/250m-port-centric-logistics-park-planned-for-north-charleston\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/250m-port-centric-logistics-park-planned-for-north-charleston\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/250m-port-centric-logistics-park-planned-for-north-charleston\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/12\/Shipyard-Creek-Logistics-Center-site-North-CharlestonS.C..jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/12\/Shipyard-Creek-Logistics-Center-site-North-CharlestonS.C..jpg\",\"width\":803,\"height\":617,\"caption\":\"Shipyard Creek Logistics Center, North Charleston, S.C. 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