Land grab continues for industrial parks in Jedburg, S.C.

Texas-based Trammell Crow Co. recently closed on 97 acres in the Jedburg area on which it plans to develop Omni Commerce Park.

The Dallas developer purchased the land for $6 million from Eastway Properties LLC, according to Grubb & Ellis Barkley Fraser, which represented the seller in the deal.

The plot, on the site of the former Baucom Nursery, is next to New York-based Rockefeller Group’s planned industrial park site and across the street from Hillwood Development Co. LLC’s proposed industrial park and Johnson Development Co.’s existing site.

The developers are prospecting that the Jedburg area near Summerville will become the next logistics center because of its proximity to the Port of Charleston and Interstates 95 and 26.

The first phase of Omni Commerce Park will include 1.35 million square feet, according to promotional material published by Trammell Crow Co. The company expects the first 500,000 square feet to be available in the first quarter of 2009.

Trammell Crow representatives could not be reached for comment. The real estate development and investment firm reported June 30 that it had more than $9.9 billion worth of projects at varying stages of development and owns or has developed more than 500 million square feet of buildings.

By Daily Journal Staff