JLL today announces the firm is relocating its Charleston office to a 4,642-square-foot space at Morrison Yard, a 148,376-square-foot, Class-A building under development at the base of Charleston’s Arthur Ravenel Jr. Bridge. The move is a nod to JLL’s rapid growth and expansion in the market, which also includes the recent addition of Property Management and Capital Markets business lines.
Located at 850 Morrison Drive, Morrison Yard Office is a prominent, 12-story office development that features 10,000 square feet of ground-floor retail space. As the tallest office building in the city, Morrison Yard Office overlooks the Cooper River and offers 360-degree views of Downtown Charleston and Charleston Harbor. JLL will relocate all 14 employees to its new seventh-floor space once the building delivers this July. Managing Directors Lee Allen and Brian Connolly facilitated the transaction, representing both JLL and the landlord.
Since 2020, JLL has executed 340,000 square feet of office leasing transaction volume in Charleston. Last year, the team grew its office agency leasing portfolio by 400,000 square feet, which includes notable leasing assignments such as 200 Meeting Street, Pacific Box and Crate, The Quin and more. As industrial activity in the market accelerates, the team has secured several large-block and spec leasing assignments, including Campus 4 at Camp Hall Commerce Park, Ladson Industrial Park and TradePark East. In Q4, 2021, JLL completed the leasing and sales of the two final Charleston Trade Center spec buildings, a 1,019,000-square-foot distribution center that leased to Twin Star Homes and sold to KKR and a 430,000-square-foot distribution center that leased to Sagebrook Homes and sold to Lightstone.
“As Charleston continues to experience rapid growth and increased tenant demand across all sectors, we’re thrilled to demonstrate our commitment to the market by expanding our office, investing in new talent and growing our capabilities,” says JLL’s Allen. “We’re confident that Charleston is poised for long-term success, and we look forward to this next chapter of growth.”
Within the past year, the JLL Charleston team grew by 50%, and also added two new business lines. JLL Charleston’s Capital Markets team will be led by Managing Directors Chip Sykes and Tom Hall. Additionally, Aimee Glover has joined JLL as Senior General Manager, where she currently leads property management operations for 200 Meeting Street, an office property, and an industrial property on Ashley Phosphate Road. Glover previously served as Associate Director for CBRE in Charleston. In total, JLL Charleston’s growing team spans five business lines, including Tenant Representation, Landlord Representation and Project and Development Services.
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