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North Signal Capital Announces Purchase of 10 Acres within North Pointe Commerce Park with Plan to Deliver 125,000 SF Multi-Tenant Spec Building in July 2022


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CHARLESTON, S.C., May 13, 2021 /PRNewswire/
 Today, North Signal is pleased to announce the acquisition of a fully entitled, light-industrial zoned,10.1 acre land parcel from,
 a joint venture owned by an affiliate of North Signal Capital LLC and a fund managed by Westport Capital Partners LLC (the Joint Venture ). North Signal is simultaneously announcing its plan to develop a +/- 125,000 SF multi-tenant industrial building at this site, 1014 Northpointe Industrial Boulevard, with an expected delivery in June 2022.
The transaction represents an effective conclusion of a successful joint venture between Westport Capital and North Signal Capital involving three land parcels within North Pointe Commerce Park. As has been previously reported, the two other parcels, 7413 Magi Road and 1017 Northpointe Industrial Boulevard were successfully developed into a 313,650 SF built to suit for lease by SAIC and a 247,000 SF building fully leased to Ex ....

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