Port of Charleston

• Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that it has completed the sale of Omni Industrial Campus, a three-building, 1.3 million square foot logistics portfolio in Charleston, South Carolina.
• The Port’s expansion is driving additional demand for warehouse space from customers entering and expanding in the Charleston market, making Omni Industrial Campus a prime location for customers given its proximity to strategic transportation infrastructure.
• “This transaction demonstrates Stonepeak’s ability to identify and execute investments at the intersection of real estate and infrastructure,” said Phill Solomond, Senior Managing Director and Head of Real Estate at Stonepeak.
• Latham & Watkins LLP served as legal counsel and JLL Capital Markets served as financial advisor to Stonepeak.

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  Before Congress ended the transatlantic slave trade in 1808, the Port of Charleston was the nation’s epicenter of human trafficking.
• That location of once utter degradation is now the hallowed site of the International African American Museum.
• The museum’s mission is to honor the untold stories of the African American journey and, by virtue of its location and landscape design, pay reverence to the ground on which it sits.

America’s widespread historical illiteracy

• In the 2022 “Nation’s Report Card,” the National Assessment of Educational Progress revealed ongoing deficiencies in eighth
  grade students’ knowledge of U.S. history and civics.
• Only 20% of test-takers scored proficient or above in civics, and, for American history, only 13% achieved proficiency.
• In this highly politicized environment, efforts to restrict how race can be discussed in public schools have led to widespread calls from parents and politicians for the censorship of certain books on race.
• These new restrictions have had an impact on public education, according to the National Council for History Education.

South Carolinians’ overlooked national impact

• Exhibits show how the lives of Black people and their resistance to enslavement helped shape state, national and international affairs.
• For example, South Carolina’s 1739 Stono Rebellion, in which fugitive slaves attempted to escape to Spanish Florida, precipitated conflict between Spain and Great Britain.
• But few know that Shields Green, a South Carolina fugitive slave, assisted in the planning and execution of the fateful attack.

A monument to freedom

• In my view, that collaboration will likely be challenging, given the efforts to sanitize the nation’s racial history and teachers’ apprehensions about teaching supposedly controversial subjects.
• “This is a site of trauma,” Tonya Matthews, CEO and president of the museum, told CBS News.
• That’s what makes it a site of joy, and triumph.” Indeed, the International African American museum is, by design, a monument to freedom – and an honest engagement with America’s troubled racial past.

• Both buildings feature 36' clear heights, ESFR sprinkler systems, LED warehouse lighting to 30 fc throughout and a full complement of 40,000 lbs.
• These buildings will also feature speculative office space to allow for immediate occupancy in June of 2023.
• Supplemental circulation/driveways provide multiple or separate access points between the two buildings benefitting both single tenant or multi-tenant occupancies.
• For more information or media inquiries, please contact Deja Knight with Pearl Public Relations at [email protected] .

• NOVA Infrastructure (“NOVA”), a middle-market infrastructure investment firm, today announced that Harbor Logistics, LLC (“Harbor”), one of NOVA’s existing portfolio companies, has acquired ATS Logistics, Inc. (“ATS”), a leading provider of transportation and warehousing services in Charleston.
• “ATS is an essential component of the Port of Charleston’s supply chain and import/export activity,” commented Allison Kingsley, Founder and Partner of NOVA Infrastructure.
• ATS’ Gianoukos will serve on the Harbor Logistics Board of Directors and as Chairman-elect of the South Carolina Trucking Association.
• Harbor Logistics also owns Premier Logistics, one of the largest warehousing, storage, and transportation 3PLs in Charleston with truck and rail service.