JLL Charleston adds 2 new business lines, expands to Morrison Yard

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JLL Charleston has grown by 50% within the past year and with it the company has added two business lines and expanded its office presence.

JLL Charleston’s new capital markets team will be led by managing directors Chip Sykes and Tom Hall. The property management team will be run by Aimee Glover, senior general manager and a newcomer to JLL. Glover will oversee operations for the Bank of America Building at 200 Meeting St. and an industrial property on Ashley Phosphate Road, JLL said in a news release.

The commercial real estate agency spans five business lines, including tenant representation, landlord representation and project and development services.

Since 2020, JLL Charleston has closed on 340,000 square feet of office leasing transaction volume in the city.

With the rapid growth and expansion, JLL Charleston has outgrown its current office space at 701 E. Bay St. and is relocating to a 4,642-square-foot space at Morrison Yard. The 148,376-square-foot, Class-A building is under development at the base of the Ravenel bridge.

JLL Managing Director Lee Allen said Charleston is set for more long-term growth given the region’s recent history.

“As Charleston continues to experience rapid growth and increased tenant demand across all sectors, we’re thrilled to demonstrate our commitment to the market by expanding our office, investing in new talent and growing our capabilities,” Lee said in a statement.

Last year, JLL Charleston grew its office agency leasing portfolio by 400,000 square feet. Leased spaces included the Bank of America building at 200 Meeting St., Pacific Box and Crate, The Quin and more.

The team further secured large-block and spec leasing assignments at Campus 4 at Camp Hall Commerce Park, Ladson Industrial Park and TradePark East in 2021. At the end of the year, JLL completed the leasing and sales of the two final Charleston Trade Center spec buildings, a 1,019,000-square-foot distribution center that leased to Twin Star Homes and sold to KKR and a 430,000-square-foot distribution center that leased to Sagebrook Homes and sold to Lightstone.