• "Since we started the development process, there hasn't been a single day where I've questioned the decision we made to go with SunCap." Steve Salvatore, Magna Automotive
  • "Provided a turn-key solution for planning, designing and building this facility on a virgin site and delivered within one year of ground breaking ... on time and on budget." Mike Tarulli, Senior Vice President, Corporate Real Estate, North America, HSBC Bank USA
  • "You assembled a great team of experts and everyone performed admirably..." Ed Bennett, Chief Administration Officer, NASCAR
  • "We couldn't have done it without you." Larry E. Teel, Executive Vice President, Fischer & Company
  • "We knew our challenges would be many, but you proved time and again that we made the right decision in our selection of developers." Ed Bennett, Chief Administration Officer, NASCAR
  • "We know how difficult the permitting process was but you and your team performed admirably on this build to suit development and got us in on time and on budget." Joe Marsico, Real Estate Acquisition Specialist, Fortune 500 Distribution Company
  • "Not only are you good at what you do, you make it fun on a day to day basis." Carole Kent, Investment Limited Partner, J.C. Bradford & Co
  • "I also want to thank you personally for your honesty and integrity throughout the process. In the end, you made all of us look good at NASCAR." Ed Bennett, Chief Administration Officer, NASCAR
  • "Your hands-on management of the project and your "can do" attitude were key to the success." Joe Marsico, Real Estate Acquisition Specialist, Fortune 500 Distribution Company
  • "You consistently delivered the quality service, teamwork, expertise, and product that one would expect from a first rate developer." Stan Ciepcielinski, CFO, Glenayre
  • "Has been our partner in the truest sense of the word." Jon Morris, Managing Partner, Morris, York, Williams, Surles and Brearley, LLP
  • "Outstanding work that you and your organization did in our new corporate headquarters." Scott Ambler, CFO, RSI, Inc.
  • "SunCap has demonstrated an ability to successfully navigate the most complicated entitlement processes and developments in a wide array of markets." Commercial Real Estate Portfolio Manager, Regions Bank
  • "We believe them to be one of the top developers based in our market and look forward to our continued successful relationship." Commercial Real Estate Portfolio Manager, Regions Bank
  • "We found your team at SunCap to be an excellent group with which to work throughout the entire process. We appreciated the open lines of communication that were maintained during all negotiations." Project Manager, Pacolet Milliken Enterprises
  • "Your access to capital, ability to mitigate any issues that arose and determination to close on the site were significant factors resulting in a most successful transaction." Project Manager, Pacolet Milliken Enterprises
  • "It was critical that you performed as you initially claimed you would - you definitely did so and exceeded our expectations on all accounts." Project Manager, Pacolet Milliken Enterprises
  • "From the outset of our dealings with SunCap, it was clear that they were in command of the resources to close quickly without the encumbrances of an investment committee or board approval." President, Weber USA Corporation
  • "The level of communication and professionalism from the SunCap group gave us every confidence the transaction negotiation and resolution would be positive." President, Weber USA Corporation
  • "SunCap Property Group fostered a relationship built on trust and open communication. Any issues or concerns were quickly resolved." Assistant Secretary, The Nolim Group
  • "From initial meeting to real estate closing, SunCap Property Group managed the due diligence process with professionalism and a sense of urgency, which resulted in a successful transaction for both parties." Assistant Secretary, The Nolim Group


Palmetto Trade Center Signs SHL

July 2022

SunCap Property Group pre-leases North Charleston Industrial Facility to Major Medical Provider

NORTH CHARLESTON, SC ­­­­ - Developer SunCap Property Group has leased the entirety of Palmetto Trade Center II to SHL Medical, a provider of drug delivery solutions. Construction of the shell building, located off of Palmetto Commerce Parkway at Trade Center Court, will be complete by the end of July 2022. SHL will take immediate occupancy of the 245,000-square-foot building and will upfit the space over approximately 18 months. SHL's $90 million investment is expected to create 165 jobs.

"We are excited to welcome SHL to Palmetto Trade Center. Their decision to locate here illustrates the continued growth of the life science sector in South Carolina and further confirms that the Charleston region has what it takes to attract companies of this caliber" said Derek Mathis, Senior Vice President with SunCap Property Group. "We congratulate the SHL team and appreciate the opportunity to be involved in such an impactful project."

Bob Barrineau and Brendan Redeyoff with CBRE represented the Landlord, SunCap Property Group, in securing the lease. Sean McKee with PharmaBioSource represented SHL.

The first phase of Palmetto Trade Center delivered in 2019. Tenants include Nice Commerce, NB Handy, Home Depot and Juliska. The complex is SunCap's third project in the Charleston area since the company's inception in 2009. SunCap developed a 255,000-square-foot distribution center off of Weber Boulevard in the Ingleside community and co-developed North Pointe Business Campus Building One with WestRock Land and Development. SunCap currently controls various industrial land positions in the Tri-County area.