Holder Properties Inc. announced that Total Quality Logistics, one of the largest third-party logistics firms in North America, has leased 40,589 square feet of office space at Marshside, Charleston’s newest waterfront office located in Nowell Creek Village on Daniel Island.
“TQL is one of the fastest growing companies in our region, so we are thrilled to have them as a tenant at Marshside and as a part of the Nowell Creek Village community,” Billy Cooke, principal and head of leasing at Holder Properties, said in a news release. “The size of this deal is extremely impressive for Charleston's class-A office market and is a testament to our business plan for Marshside. When renovations are complete later this summer, Marshside will provide an office product that helps employers recruit employees and foster collaboration and innovation."
Marshside is currently undergoing extensive renovations. After it’s finished, the 200,000-square-foot building will offer a concierge desk run by Holder Properties' on-site property management team, conference facilities, a fully-equipped fitness center, locker rooms, bike storage and a grab-and-go market with daily fresh foods and beverages, the news release said. The building offers large, customizable floor plates and completed spec suites available for immediate move-in.
Nowell Creek Village is a new waterfront community on Daniel Island.
TQL employs more than 10,000 people nationwide, with more than 200 employees based in Charleston, according to the release, which said the company plans to continue hiring in the region.
Ed Kercher with Cushman & Wakefield represented TQL. Holder Properties represented Marshside in the transaction.
In other commercial real estate transactions:
Robert Pratt of Re/Max Pro Realty represented the landlord, P.R. Properties of Summerville LLC, in the lease of 15,500 square feet of industrial space at 216 Industrial Road in Summerville to HERC Rentals Inc. Brian Regent of Regent Commercial Real Estate represented the tenant.
Robert Pratt of Re/Max Pro Realty represented the buyer, Robert L. Pratt LLC, in the sale of 2.09 acres of redevelopment space at 510 Miles Jamison Road in Summerville from First National Bank of S.C. for $375,000.
Hannah Kamba and Tim Rowley of Coldwell Banker Commercial Atlantic represented the landlord, Branch Moncks Corner Associates LP, in the lease of 2,940 square feet of retail space at Suite 300 at 2826 Highway 52 in Moncks Corner to Dog & Duck. Bryan Fogle of Coldwell Banker Commercial Atlantic represented the tenant.
Vitré Stephens, Craig Massey and Taylor Sekanovich of Avison Young-South Carolina represented the landlord, Green-Myers Development Inc., in the lease of 1,400 square feet square of retail space at 2500 Clements Ferry Road in Charleston to I-Nails.
Robert Pratt of Re/Max Pro Realty represented the landlord, Taylor Ard Holdings LLC, in the lease of 11,640 square feet of warehouse space at 1009 Bankton Circle, Hanahan to Structural Preservation Systems LLC. Josh Stamps of Keller Williams Realty represented the tenant.
Vitré Stephens and Taylor Sekanovich of Avison Young South Carolina represented the landlord, Buck Investments LC, in the lease of 37,930 square feet square of retail space at 3365 S. Morgans Point Road in Mount Pleasant to Crush Yard Inc.
Mandy Coleman of National Restaurant Properties represented the tenant, Red Bird Hospitality Group LLC, in the lease of 6,143 square feet of restaurant space at 2668 U.S. Highway 17 N., Mount Pleasant, from Tamsberg Brickyard LLC. Joseph Purze of CBRE represented the landlord.
Kip Bowman of Coldwell Banker Commercial Atlantic represented the buyer in the sale of 27.9 acres of land at 0 Lazy Hill Road in Moncks Corner. Mike Rose of Coldwell Banker Commercial Atlantic represented the seller.
Brent Case of Coldwell Banker Commercial Atlantic represented the seller in the sale of a lot at 8735 Northpark Blvd. in North Charleston for $132,500. Brent Case of Coldwell Banker Commercial Atlantic represented the buyer.