Jones Lang LaSalle Incorporated : Dogwood Industrial Properties acquires Class A industrial campus in Charleston

CHARLESTON, December 1, 2022 - JLL Capital Markets announced today that it has closed the sale of TradePark East, a brand-new four-building Class A industrial campus totaling 837,400 square feet in Ladson, South Carolina.

JLL represented the seller, Trinity Capital Advisors, in the sale to TPG Capital/Dogwood Industrial Properties.

TradePark East consists of four newly completed buildings that were 100% pre-leased during construction. According to JLL's Charleston Industrial Insights Q3 2022, the supply-constrained market has seen increased development activity as tenants have begun signing on earlier in the development cycle.

Positioned approximately 13 miles from downtown Charleston, tenants can serve the region's growing population as well as corporate economic drivers. The park, which is located on Weber Boulevard, benefits from its proximity to regional highways, including Interstates 26, 526 and 95 and US-78. This transportation network allows tenants to reach 21 major cities throughout the east coast, south and midwest within a day's drive. TradePark East further benefits from the nearby Charleston International Airport and growing Port of Charleston terminals.

The JLL Capital Markets Industrial team representing the seller was led by Managing Director Patrick Nally, Senior Managing Director Pete Pittroff, Director Dave Andrews and Associate Josh McArdle.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients - whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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