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Jones Lang LaSalle (“JLL”), on behalf of the property owner (or the “Sponsor”) is pleased to present the unique opportunity to develop Pepsi Place (the “Property” or “Project”), a multifamily development located just off Meeting Street, one of Charleston’s most up-and coming submarkets with explosive growth over the past few years. Area amenities include numerous breweries and local food & beverage staples, including Workshop, Lewis Barbeque, Revelry Brewing, Rodney Scott’s BBQ, Edmund’s Oast, Fatty’s Beer Works, Munkle Brewing and Butcher & Bee. Furthermore, the site is located a short walk to the entrance of the proposed Lowcountry Lowline, a linear park, that will repurpose 1.6+ miles of vacant railroad track on the Peninsula’s spine from Courtland Avenue to Woolfe Street.
The Sponsor is seeking an outright sale of the property and would entertain a joint venture with a financially strong and capably experienced developer. The site is ideally situated for development today and allows the partner an exclusive opportunity in today’s market. Pepsi Place is well-positioned for development in a thriving submarket known for its local retail presence and dynamic urban environment. Located just four minutes to King Street, fifteen minutes to Charleston International Airport along with easy access to both I-26 and I-526, two major arteries to the Charleston Metro.
- 4 min to King Street
- 34 People move to Charleston every day