Charleston Trade Center is conveniently located on I-26 between Port of Charleston and I-95 in Charleston, South Carolina. The 770-acre master planned business park located between Exits 194 and 199 on I-26 will have two phases of development with approximately 9-million square feet. Phase I is currently under development with approximately 2.7-million square feet of Class A state-of-the-art distribution and manufacturing facilities.
For additional information, please contact Michael G. White, CB Richard Ellis - Carmody, at 843.577.1152 or by e-mail at firstname.lastname@example.org. www.cbrecharleston.com
- Master planned business park with Class A state-of-the-art distribution and manufacturing facilities
- Foreign Trade Zone "ready site"
- 20 miles from Port of Charleston's ocean container terminal
- 28 miles from I-95 and I-26 interchange
- Located on I-26 between Exits 194 and 199 with approximately 1 mile of I-26 frontage
- New full-movement interchange planned and funded at southern boundary of the site
- Public water and waste water
- No inventory tax
- Berkeley Electric Cooperative to provide electrical service
- Lowest corporate income tax in the Southeastern U.S.
- Corporate income tax credits available for jobs and headquarters facilities
- Fee in lieu of property tax incentive allows companies to fix their tax rates on real and personal property
- Special source revenue credit in place provides 25% property tax abatement
The Global Supply Chain Shift to US East Coast Ports is Underway
The 2014 widening of the Panama Canal will substantially increase the capacity of the single most important shipping channel in the world. New locks will accommodate Post-Panamax vessels and allow more passages through the Canal. Panama is investing more than $5B in this project. Ocean carriers are converting ever increasing portions of their fleets to Post-Panamax vessels to increase efficiency. 50% of all ships operating today and 80% of all ships on order are Post-Panamax. The all-water transit to and from Asia and the US East Coast will become the low cost/low risk/fuel efficient alternative for this key trade route. Charleston currently accommodates Post-Panamax ships and offers the following tangible benefits to ocean carriers and shippers:
Deepest water (45’ at mean low water) in the South Atlantic region and, due to the close proximity of the natural harbor, to the open sea
The cost of harbor deepening to 50’ will be significantly less costly than all other competing East Coast ports
Large scale port expansion program in progress with the construction of the Navy Base container terminal, effectively increasing capacity to 4.5M TEU’s
Highest port labor productivity in North America; South Carolina is among the least unionized states in the US
Ample labor base with 660,000 MSA population
Midpoint location on Eastern Seaboard