JLL facilitates sale of 398K SF Airport Commerce Center in Charleston

CHARLOTTE, Oct. 14, 2025 –  JLL Capital Markets announced today the sale of Airport Commerce Center, a fully leased 398,100-square-foot industrial portfolio in North Charleston, South Carolina.

JLL represented the seller, Brookwood Capital Partners, in the transaction, while NorthPoint Development acquired the assets.

The portfolio consists of three Class A distribution and logistics buildings constructed in 2017, located at 7246 Stall Rd., 2650 Fassitt Rd. and 7334 Stall Rd. in North Charleston. The properties feature highly efficient design with 200-foot to 260-foot depths, front-load and rear-load configurations, 28-foot to 30-foot minimum clear heights, ESFR fire protection systems and LED lighting throughout. The portfolio provides 305 automobile parking spaces across multiple storefronts to support leasing flexibility.

Airport Commerce Center benefits from an irreplaceable infill location positioned just one mile from Interstate 26, the primary transportation corridor connecting Charleston's urban core to Interstate 95. The portfolio sits directly adjacent to Charleston International Airport and Joint Base Charleston, two key demand drivers in the metropolitan statistical area. The properties also provide access to the three primary Port of Charleston terminals within 15 miles through the Interstate 526 beltway system.

The portfolio is 100 percent leased to multiple tenants, representing a mix of industrial manufacturing, distribution and last-mile logistics operations that benefit from the portfolio's strategic proximity to transportation infrastructure.

The JLL Capital Markets team was led by Senior Managing Director Pete Pittroff, Senior Director Dave Andrews and Director Michael Scarnato.

"Airport Commerce Center represents the type of irreplaceable infill logistics assets that institutional investors are seeking in high-growth markets," said Pittroff. "The portfolio's strategic location adjacent to Charleston International Airport and Joint Base Charleston, combined with an achievable mark to market make the portfolio an extremely attractive offering. Charleston's continued economic expansion and recognition as a premier business destination reinforce the long-term value proposition for industrial real estate investments in this market."

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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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 $23.4 billion and operations in over 80 countries around the world, our more than 112,000 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 WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

Brookwood Capital Partners, founded in 2006, is a multi-faceted real estate developer and owner, focused on speculative development, build to suit for lease and value-add acquisitions throughout the United States. We offer a creative approach to deal structure and finance founded upon a combined 35 years of commercial real estate experience and a base of knowledge of all facets of the real estate industry. Brookwood Capital strives to create a long-term relationship with their clients by being flexible, value-oriented, long-term focused and always "doing what we say we will do.”

Established in 2012, NorthPoint Development is a privately held real estate operating company specializing in developing, acquiring, leasing, and managing Class A industrial, data centers, and multi-family properties. We invest alongside our partners through various fund and venture structures to develop and acquire industrial and multi-family assets. We differentiate ourselves with a data-driven approach to site acquisitions and a high level of technical expertise in engineering, architecture, and construction. Through our in-house suite of services, NorthPoint can provide end-to-end expertise, leading to expedited solutions. We continue to operate with an entrepreneurial spirit guided by our Core Values, enabling us to deliver exceptional results for our team members, clients, and partners. NorthPoint currently has a 149.7 million square foot industrial portfolio, 6.5 thousand multifamily units developed and managed, and $19.6 billion in assets under management. Visit beyondthecontract.com or follow @NorthPointDev to learn more.