2011 Broadbank Court

THE SUMMARY

OVERVIEW

Bridge Commercial (“Bridge”) presents 2011 Broadbank Court (“The Property”) in Ridgeville, South Carolin. This is an opportunity to accquire a 100% leased 59,600-squarefoot office, lab, and warehouse building with additional development land featuring a 16,800-square-foot office/ warehouse.

Situated in the Pine Hill Business Campus, home to Google’s data center, this single-tenant NNN leased property offers strong cash flow. Pine Hill, near Summerville and the growing Summers Corner, is part of the Charleston MSA’s 77.2-million-square-foot industrial market. Ridgeville’s 7.3-million-square-foot submarket includes major facilities for Volvo, Redwood Materials, and Walmart. The current tenant, Palmetto Tri-Venture, is a coalition of top construction firms working on a nearby project.

PROPERTY SPECS

ADDRESS : 2011 Broadbank Court

ZONING : I-Industrial

MUNICIPALITY : Dorchester County

SITE SIZE : 13.5 Acres

BLDG SIZE : Main Facility : 59,600 SF

ADDITIONAL WAREHOUSE SIZE : 16,800 SF

YEAR BUILT : 2011

CONSTRUCTION : Concrete

CLEAR HEIGHT : 26’

THE PARK

INFO + TENANTS

Pine Hill Business Campus spans 372 scenic acres with walking trails and ponds, located 10 miles from the I-26/Highway 17A interchange in Summerville. It is adjacent to Summers Corner, offering diverse residential, business, recreation, and educational opportunities.

GOOGLE

Google acquired 231 acres at Pine Hill Business Campus for one of its data centers in the Charleston area. A second center is planned on 206 acres near Winding Woods Commerce Park off U.S. Highway 78. Dominion Energy South Carolina will supply power to the Pine Hill.

GOOGLE OPTIONED

Google has the option to purchase these properties to add on to their existing data center.

ACHQ LOGISTICS

ACHQ Logistics, LLC, a cold storage operator on 30 acres within Pine Hill, plans to build a 151,000 SF warehouse for produce, meat, seafood, processed foods, candy, and pharmaceuticals. With 60’ clear height, it will hold 21,000 pallets and offer temperatures from -10 to 70°F. The owner, experienced in automation design, is in talks with potential food purveyors for occupancy.

Palmetto Triventure, a joint venture including minority contractors, was formed to pursue large datacenter construction contracts. Led by TW Constructors and Turner Contracting, they are building the Google datacenter at Pine Hill and are vying for another Google project near Hwy 78 and I-95.

PALMETTO TRIVENTURE