{"id":1004673722,"date":"2023-07-27T05:38:18","date_gmt":"2023-07-27T13:38:18","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004673722"},"modified":"2023-07-27T05:38:20","modified_gmt":"2023-07-27T13:38:20","slug":"portman-to-build-540-ksf-south-carolina-industrial-park","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/portman-to-build-540-ksf-south-carolina-industrial-park\/","title":{"rendered":"Portman to Build 540 KSF South Carolina Industrial Park"},"content":{"rendered":"<div id=\"attachment_1004673734\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/summervile-site-1-e1690443658617.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004673734\" data-attachment-id=\"1004673734\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/portman-to-build-540-ksf-south-carolina-industrial-park\/summervile-site-1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/summervile-site-1-e1690443658617.jpg\" data-orig-size=\"950,712\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&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;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"summervile site 1\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Summerville Logistics Center&#8217;s development site, Image courtesy of Portman Holdings&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/summervile-site-1-e1690443658617.jpg?w=950\" class=\"wp-image-1004673734 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/summervile-site-1-e1690443658617.jpg?w=300\" alt=\"Summerville Logistics Center's development site, Image courtesy of Portman Holdings\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/summervile-site-1-e1690443658617.jpg 950w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/summervile-site-1-e1690443658617.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/summervile-site-1-e1690443658617.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004673734\" class=\"wp-caption-text\">Summerville Logistics Center&#8217;s development site. <em>Image courtesy of Portman Holdings<\/em><\/p><\/div>\n<p><strong>Portman<\/strong> <strong>Industrial<\/strong>, a division of <strong>Portman<\/strong> <strong>Holdings<\/strong>, has purchased a 40-acre lot for the development of a 536,000-square-foot, two-building industrial project in Charleston, S.C. Construction is expected to start in December 2023 and completion is scheduled for February 2025.<\/p>\n<p><strong>JLL<\/strong> represented the developer in the land acquisition. <strong>Lee &amp; Associates<\/strong> negotiated on behalf of the seller and will serve as leasing agent.<\/p>\n<p>Summerville Logistics Center will comprise two buildings, measuring 260,000 and 306,000 square feet. The single-load facilities will share a 210-foot truck court.<\/p>\n<hr \/>\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/industrial-leasing-trends-for-2023\/\">Industrial Leasing Trends for 2023<\/a><\/p>\n<hr \/>\n<p>Located along U.S. Highway 78, the development will provide easy access to Interstate 26 and to Port of Charleston, which is within 25 miles.<\/p>\n<p>Summerville Logistics Center will be developed 9 miles south of another project by Portman. Campus 4 at Camp Hall is a 188-acre Class A logistics park that has three facilities encompassing 940,000 square feet of space. The developer is currently constructing a fourth building, planned to encompass 1.1 million square feet and expected to come online in September.<\/p>\n<p>Portman currently has 2.6 million square feet of industrial products in various stages of development. In April, in a joint venture with D2 Organization, the company started construction on a<a href=\"https:\/\/www.commercialsearch.com\/news\/portman-d2-break-ground-on-philadelphia-project\/\"> 587,000-square-foot warehouse<\/a> project in Carney&#8217;s Point, N.J. The project is slated to come online in 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The property is near Portman&#8217;s existing 188-acre industrial park.<\/p>\n","protected":false},"author":2991,"featured_media":1004673734,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,21742,32781],"tags":[32796,32762,33858],"class_list":["post-1004673722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-latest","category-southeast","tag-jll","tag-lee-associates","tag-portman-holdings-llc"],"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>Portman to Build 540 KSF South Carolina Industrial Park - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Portman Industrial has purchased a 40-acre lot for the development of a 536,000-square-foot industrial project in Charleston, S.C.\" \/>\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\/portman-to-build-540-ksf-south-carolina-industrial-park\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Portman to Build 540 KSF South Carolina Industrial Park\" \/>\n<meta property=\"og:description\" content=\"Portman Industrial has purchased a 40-acre lot for the development of a 536,000-square-foot industrial project in Charleston, S.C.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/portman-to-build-540-ksf-south-carolina-industrial-park\/\" \/>\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=\"2023-07-27T13:38:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-27T13:38:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/summervile-site-1-e1690443658617.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"950\" \/>\n\t<meta property=\"og:image:height\" content=\"712\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Simona Tudose\" \/>\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\/portman-to-build-540-ksf-south-carolina-industrial-park\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/portman-to-build-540-ksf-south-carolina-industrial-park\/\",\"name\":\"Portman to Build 540 KSF South Carolina Industrial Park - 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