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Investors - AUGUST 18, 2022

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Greystar breaks ground on 135,200-sf industrial development in Charleston metro

by Denise Moose

Greystar Real Estate Partners announced the groundbreaking of a 135,200-square-foot warehouse and distribution center in Monck’s Corner, S.C. CBRE has been selected as the exclusive marketing and leasing agent. CBRE’s local team, combined with CBRE’s national partners, also represented the seller.

Located at Mount Holly Commerce Center, the warehouse and distribution building is Greystar’s first logistics project in Charleston, S.C., where the company’s headquarters is located. It will cater to manufacturing and distribution companies with spaces divisible by 50,000 square feet. The rear-load facility is 260 feet deep and 520 feet wide with a 32-foot clear height and 28 dock-high doors.

“We’re thrilled at the opportunity to bring Greystar’s logistics platform right in the backyard of our headquarters as demand for industrial space in the Carolinas continues to grow,” said Mary Hager, executive director, global investment management at Greystar. “Tap

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