RealOp Investments And Kennedy Wilson Acquire 430700 Square Foot Industrial Asset In Duncan For $33.1M

The property asset involved in the transaction is located at 1127 Woods Chapel Road in Duncan, SC. It is an industrial asset, comprising 430,700 square feet. The sale price for this property was $33,100,000, which translates to a price per square foot of $77.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $33,100,000
• Address: 1127 Woods Chapel Road
• Market: Duncan, SC
• Square Footage: 430,700
• Price per Square Foot: $77
• Buyer: RealOp Investments & Kennedy Wilson
• Broker: CBRE

RealOp Investments and Kennedy Wilson have acquired the Inland Woods Logistics Center, marking Kennedy Wilson's inaugural investment in the Southeast U.S. The company plans to introduce speculative office space to leverage the region's manufacturing growth, port activity, and limited new industrial supply.