Originally sold to Progress Land Development by Shelley in 2021, the property is currently home to Arclabs Welding School, a hands-on welding school owned and operated by the seller. Arclabs will continue operations at the facility post-sale, with the sale structured as an investment transaction.
“It has been a privilege to support Progress Land Development through both the acquisition and disposition of this property,” said Shelley. “This sale demonstrates the strength of the industrial market in Charleston and the continued appeal of stabilized assets to private capital.”
For more information on the transaction, contact Sarah Shelley at 843.458.0607/ sshelley@naicharleston.com.
