News, Transactions

±11 ACRES SOLD AT INTERSECTION OF I-26 & I-526

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NAI Charleston is proud to announce that Dexter Rumsey and Ed Sutton of NAI Charleston represented the buyer in the acquisition of an ±11-acre site at 5001 Lacross Road, located at the strategic intersection of I-26 and I-526. Formerly a dairy distribution facility, the property is adjacent to the upcoming billion-dollar Roper Hospital.

The buyer has plans for a mixed-use development to complement the hospital. Potential uses include medical office space, residential units, and commercial retail offerings.

“Eleven upland acres at this key intersection in our region presents an excellent opportunity for a mixed-use or multi-family development to serve the growing needs of the new hospital and the surrounding community,” said Ed Sutton.

For more information on the transaction, contact Ed Sutton at 803.206.5382 / esutton@naicharleston.com or Dexter Rumsey at 843.452.9417 / drumsey@naicharleston.com.

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