CenterPoint Properties announces the acquisition of a 305,423 SF facility located at 1020 N. Pointe Industrial Blvd. in Hanahan, SC. Situated on 23.7 acres, the property is adjacent to the Space and Naval Warfare Systems Center (SPAWAR), a major government infrastructure base, and provides immediate access to the surrounding populations. Peter Fennelly and Simons Johnson of Colliers International and Chad Vande Zande from Cushman & Wakefield represented CenterPoint in the transaction.
The facility is fully leased to Science Applications International Corporation (SAIC), a premier provider of government services and information technology support, which counts SPAWAR and the Department of Defense as two of its major customers. Just minutes from Charleston’s Navy and Air Force Base and adjacent to SPAWAR, the 1020 N. Pointe Industrial Blvd. property is an ideal location for Science Applications International.
Less than six miles from the rapidly growing Port of Charleston, the strategic location allows for six to seven daily trips, leading to drayage savings for the tenant. Highways I-26 and I-526 are one and two miles away, respectively. CSC & Norfolk Southern Intermodal Yards are within five miles, offering direct rail connection from the port to inland port infrastructure, as well as direct access to 94 million consumers within a one-day trip from Greer, SC. The property features 36 exterior docks, 28’ clearance storage, 18 rooftop units and exterior walls of concrete tilt-up and steel frame. The building’s amenities include 10,972 SF of office space and 283 car parking spots.
“The addition of this property is especially exciting for us since the Port of Charleston is on its way to becoming the deepest port on the East Coast,” said Jed Degnan, Vice President, Investments of CenterPoint. “The combination of proximate transit options and adjacency to SPARWAR and Charleston’s Navy and Air Force Base makes the 1020 N. Pointe Industrial Blvd. an exciting investment and partnership.”