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õ 200,000 – 422,191 SF
õ 36 Clear Height
õ 117 Dock Doors
õ Recently Completed
õ Interstate Visibility
õ ½ mile to Interstate 26
FTZFOREIGN TRADE ZONE
w w w. f t z s c . n e t
1334 Drop Off Drive, Summerville, SC 29483
BUILDING SPECIFICATIONS
TOTAL SF: 562,544
DIVISIBILITY: 200,000 SF
DIMENSIONS: 1,080’ x 520’
DOCK DOORS: 117
DRIVE IN DOORS: 4
CLEAR HEIGHT: 36’
COLUMN SPACING: 50’ x 54’ with 60’ loading bays
FIRE PROTECTION: ESFR System
TRUCK COURT: 190’ & 200’
TRAILER PARKING: 264
CAR PARKING: 307
EXISTING PARK TENANTS:
TBC Corporation; Gerber
BUILDING 1
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FTZFOREIGN TRADE ZONE
3D RENDERINGFTZ
FOREIGN TRADE ZONE
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INTERIOR PHOTOSFTZ
FOREIGN TRADE ZONE
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LOCATION & ACCESSCONVENIENTLY LOCATED RIGHT OFF THE INTERSTATE
INTERSTATE FRONTAGE
I-26, Exit 194: 2.5 miles
I-26, Exit 197: 0.5 miles
I-95: 27 miles
PORT ACCESS
North Charleston Terminal: 22 miles
Leatherman Terminal: 25 miles
Wando Welch: 30 miles
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FTZFOREIGN TRADE ZONE
LOCATION
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FTZFOREIGN TRADE ZONE
LOCATION
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FTZFOREIGN TRADE ZONE
CONNECTIVITY MAP
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FTZFOREIGN TRADE ZONE
PORT PROWESS
õ Most productive port in US
õ 60% More Productive than Typical West Coast Port
õ Channel Depth of 52’ by 2019 (Deepest in Southeast)
õ All of the Top Ocean Carries call on the Port of Charleston
õ Last out Service to every major trade line
õ Receive import containers while ship is still being worked
õ 60 Minute Average 2-Way Truck Turn
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FTZFOREIGN TRADE ZONE
© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. Any projections, opinions, or estimates are subject to uncertainty. The information may not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. PMStudio_June2019
INCENTIVES
õ Automotive manufacturing.
õ Consumer goods distribution.
õ Refrigerated/frozen exports.
õ Transloading resin & grain.
õ Tire manufacturing & distribution.
FTZFOREIGN TRADE ZONE
STATE INCENTIVESJob Tax Credit – Statutory• Purpose: Reduce corporate income tax liability for new or expanding
companies creating jobs in the state• Value: Tax credit given annually for 5 years for each new job if requirements
are satisfied
Corporate Headquarters Credits – Statutory• Income tax credits to partially reimburse for real and personal property
expenditures associated with new headquarters related jobs
Investment Tax Credit – Statutory• A one-time credit against a company’s corporate income tax of up to 2.5% of a
company’s investment in new production equipment.
Port Volume Increase Credit – Negotiated and Descresincary • Possible income tax credit or withholding tax credit to manufacturers or
distributors or companies engaged in warehousing, freight forwarding, freight handling, goods processing, cross docking, transloading or wholesale of goods.
COUNTY INCENTIVESFee-in-Lieu of Property Tax – Negotiated• Purpose: Reward substantial investment by reducing tax burden over the
long-term• Value: Approximately 42% tax reduction annually for 20 years on new capital
investment occurring in a 5-year investment window.
Special Source Revenue Credit -Negotiated• Reduces property taxes paid by business
RECRUITMENT AND TRAINING SUPPORT• ReadySC - No cost recruitment, screening, testing and pre-employment
training when hiring 15-20 new production workers; on-the-job training reimbursement possible when hiring less than 15 new employees.
• Enterprise Zone Retraining Credits - Cash match of up to $2,000 per employee over 5 years for retraining of existing production employees.
CHARLESTON BENEFITS
DID YOU KNOW
#27 Best place for businesses and careers — Forbes
#1 City in the U.S. in 2016 — Travel + Leisure
#4 Best Mid-Size U.S. Metro for Jobs in 2017 — Forbes
#2 Best Place to Work in Manufacturing — SmartAsset
KEY INDUSTRIAL INFLUENCES
Boeing
Mercedes-Benz
Part of Charleston
õ Panama Canal expansion is now complete
õ 29 Days from Shanghai to Memphis
õ Consumers are demanding faster, cheaper delivery
õ Outbound delivery from the DC is becoming more time and cost critical
õ 80% savings on inland distribution to key Eastern metro areas
õ Improved deliver times and cost for Eastern E-com orders
õ 100,000 Lb. GVW limit
õ 72% of US consumers live with 2 day drive of CHS
õ The Need to diversify port usage to mitigate risk
õ Lower DC operating costs
õ Max allowable Hours of Service
õ Large-Reliable supply of empty containers
õ No inventory tax
õ Extremely nimble and creative building ownership
õ FTZ offers substantial logistics & economic benefits
WHY CHARLESTON
FTZFOREIGN TRADE ZONE
BRENDAN REDEYOFF
First Vice President
+ 1 843 577 1167
BOB BARRINEAU
Senior Vice President
+ 1 843 577 1167
FTZFOREIGN TRADE ZONE
