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Ports authority puts 2 peninsula parcels up for sale

Distribution & Logistics
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The S.C. State Ports Authority put two downtown Charleston properties up for sale Wednesday.

The properties, located at and adjacent to 838 Morrison Drive, sit near the Arthur Ravenel Jr. Bridge and the Columbus Street Terminal.

(Map/Provided)The “Group 1” site is a wooded area on the northwest side of Johnson Street along Morrison Drive. It consists of about 1.7 acres of highland and 1.3 acres of marsh and water.

The “Group 2” site has the ports authority’s Building 160 and a gravel lot on it. It sits across Johnson Street from Group 1. It has about 3.7 acres of highland and 0.9 acres of marsh and water. The port’s operations staff moved out of the building last year, but the procurement and receiving department remains, spokeswoman Erin Dhand said in an email.

Offers must be submitted by 2 p.m. Sept. 26, and each property requires a $50,000 deposit. Offers are valid for 30 days, followed by a 120-day inspection period and a 30-day closing period. The ports authority must accept each selected offer, and the state must approve each sale.

These sales are part of the agency’s effort to sell any property not specifically related to port operations.

The port sold its headquarters building along Concord Street earlier this year for $38 million. The site will become a waterfront hotel, and the port will move into a new office in Mount Pleasant. The port plans to build a new headquarters over the next two years on land near its Wando Welch Terminal.

The port also attempted to sell its unused marine terminal at Port Royal numerous times, but each deal fell through. The site eventually went to the state in 2015, which plans to auction the site off to the highest bidder. The S.C. Department of Administration has not returned calls seeking an update on the property.

Reach Liz Segrist at 843-849-3119.

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