Colliers represents M2 Pepperdam, LLC in the purchase of a 14,500-square-foot warehouse on 5.38 acres

February 23, 2023

Colliers | South Carolina industrial brokers Mark Erickson, SIOR and Jarred Watts represented M2 Pepperdam, LLC in the purchase of ±5.38 acres of land featuring a ±14,500-square-foot warehouse at 7275 Pepperdam Avenue in North Charleston from Rolling Frito Lay Sales LP.

M2 Pepperdam LLC is a privately held investment group focused on industrial assets in the Lowcountry region of South Carolina.

The property is located off Ashley Phosphate Road in North Charleston and can easily be accessed from I-26 and Dorchester Road.

“In the Charleston market, finding 10,000 to 35,000 square feet of available warehouse space can be very challenging,” said Erickson, Vice President with Colliers | South Carolina. “Our client wished to purchase the ±5.38-acre parcel and ±14,500-square-foot warehouse to expand its footprint in an area where they have similar investments.”

Erickson has led the industrial brokerage team in Colliers’ Charleston office since 2019. He is a member of the Colliers Logistics and Transportation Solutions Group (North America) and has been a member of the Society of Industrial and Office REALTORS® (SIOR) since 2016. Watts joined the team in 2022 and has been an instrumental addition in handling the day-to-day details of managing data and research information.

 

About Colliers

Colliers | South Carolina is the largest full-service commercial real estate firm in South Carolina with 62 licensed real estate professionals covering the state with locations in Charleston, Columbia, Greenville and Spartanburg. Colliers is an Accredited Management Organization (AMO) through the Institute of Real Estate Management (IREM) and is the largest manager of commercial real estate properties in South Carolina with a portfolio of over 18 million square feet of office, industrial, retail and healthcare properties. Colliers’ staff hold the most professional designations of any firm in South Carolina. Colliers | South Carolina’s partner, LCK, provides project management services for new facilities and renovations across South Carolina.

Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 65 countries, our 18,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 28 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.5 billion and $98 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.