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Clarius, Wanxiang America Sell 587 KSF Charleston-Area Asset
Avison Young arranged the sale of the property at Omni Industrial Campus in Summerville, S.C.
Mar042021
Image courtesy of Avison Young
Chicago-based firms Clarius Partners and Wanxiang America Real Estate Group have sold a 587,720-square-foot industrial property at 537 Omni Industrial Blvd. in Summerville, S.C. According to public records, Evergreen Medical Properties paid $49.2 million for the asset. The buyer took out a $30 million loan from Reinsurance Group of America for the purchase.
The building was constructed in 2018 and is fully leased to 3G Distribution Services, a third-party logistics provider. Avison Young Principals Erik Foster and Mike Wilson, members of Avison Young’s National Industrial Capital Markets Group represented the seller. Foster and Wilson also successfully raised the development equity on Clarius’ behalf to construct the project. In November 2016, the ....

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