Capital Development Partners Delivers Shipyard Creek: Top East Coast Transload Site
JLL leads leasing for the 160,250-square-foot, Class-A industrial facility in Charleston
CHARLESTON (October 29, 2024) — JLL and Capital Development Partners today announced the completion of Shipyard Creek, a unique transload property in Charleston. The 160,250-square-foot, Class-A facility offers a state-of-the-art solution for major retail importers seeking efficient container movement in the heart of the Charleston port market. JLL Executive Managing Director Lee Allen, Senior Managing Director Kevin Coats and Senior Associate Tyler Smith are leading leasing efforts on behalf of the owner, Capital Development Partners.
With 153 dock doors and 724 trailer parking spaces, Shipyard Creek was designed to handle high-velocity container movement. Situated on a 42-acre site, the property features a port-adjacent cross-dock facility designed specifically to meet the needs of major importers. With direct access to the Port of Charleston, the center will facilitate a fluid and effective transload operation for retailers to bring in and distribute product. The property's advanced infrastructure, including on-site storage parking that can stack up to five shipping containers, optimizes efficiency and fosters tenant growth.
“Shipyard Creek is a rare, long-term opportunity that offers streamlined operations, unparalleled access to the port and the ability to reach over 50% of the Southeast population within a two-day drive,” said JLL’s Allen. “This is the ideal location for retailers looking to grow distribution capabilities in the Southeast and we are confident Shipyard Creek’s premier features and port connectivity make it a competitive choice for high-growth users.”
South Carolina Ports, the eighth largest U.S. container port, offers shippers reliable port service and highly productive operations for their supply chains. The Shipyard Creek Logistics Center sits within the Port of Charleston’s transportation network, with direct access to marine terminals, interstates and rail capacity, including the future SC Ports Navy Base Intermodal Facility. This new rail-served cargo yard, which is under construction, will be dual-served by Norfolk Southern and CSX, helping to further speed goods to and from inland markets.
“Shipyard Creek will add tremendous new capabilities and capacity to our market, helping serve shippers while enhancing supply chain fluidity for the booming Southeast market,” said SC Ports President and CEO Barbara Melvin. “South Carolina Ports and the supporting inland infrastructure continue to expand to meet the needs of our customers today and tomorrow.”
South Carolina Ports is a critical gateway for the Southeast. It offers highly productive port service, an inland port network and rail connections to increase the speed of goods to market. Through this unmatched network, South Carolina Ports offers shippers capacity, reliability and flexibility for their supply chains.
“Between regional population growth and SC Ports’ continued investment in expanding the port’s infrastructure and capabilities, Shipyard Creek is a game-changing opportunity for major importers,” said John Knox Porter, CEO of Capital Development Partners. “This is the most significant transload opportunity on the East Coast and we look forward to welcoming tenants soon.”
For more information about leasing opportunities at Shipyard Creek, please contact Lee Allen or (843) 805-5111.
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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 110,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.