BGO Acquires 851,500-SF Class A Industrial Real Estate Asset in Rock Hill, SC
BGO has acquired Legacy Park East, an 851,500-square-foot fully leased Class A logistics facility in Rock Hill, South Carolina, within the Charlotte metropolitan area, JLL Capital Markets announced May 18, 2026.
JLL represented the seller, Scannell Properties, in the industrial real estate transaction. Financial terms were not disclosed.
Industrial Real Estate Acquisition Details
Located at 2087 Williams Industrial Blvd., Legacy Park East sits on a 72.7-acre site less than two miles from Interstate 77, Charlotte's primary north-south transportation corridor. The property is positioned within approximately 30 minutes of Charlotte Douglas International Airport, the sixth-busiest airport in the United States, and benefits from proximity to the Norfolk Southern Charlotte Intermodal Terminal, which connects air, rail, and truck transportation to major East Coast ports.
The cross-dock facility features 40-foot clear height and is serviced by 185-foot-deep truck courts with 60-foot concrete aprons, supported by 177 trailer parking spaces and 403 automobile parking positions. Delivered in 2024, the property is fully leased to two tenants operating in the corrugated packaging manufacturing and third-party logistics sectors.
The JLL Capital Markets team was led by Senior Director Dave Andrews, Senior Managing Director Pete Pittroff, Michael Scarnato, and Michael Lewis.
About the Buyer and Seller
BGO is a global real estate investment management advisor and lender that serves more than 750 institutional clients. The firm manages assets across office, industrial, multi-residential, retail, and hospitality real estate property types and maintains offices in 25 cities across 12 countries. BGO is part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life.
Scannell Properties is a privately held real estate development and investment company focused on build-to-suit and speculative development of industrial, office, and multifamily facilities throughout the United States, Canada, and Europe. Since its founding in 1990, Scannell Properties has completed 615 development projects totaling 150 million square feet.
Charlotte MSA Industrial Market Context
The Rock Hill submarket sits within the broader Charlotte metropolitan area, a logistics corridor that benefits from interstate access, proximity to a major international airport, and intermodal rail connectivity. The asset's location along I-77 provides tenants with access to the Carolinas and the broader Southeast distribution network.
The U.S. industrial real estate sector has remained among the more resilient commercial real estate property types, with modern logistics facilities — particularly those featuring 40-foot-plus clear heights, large truck courts, cross-dock functionality, and intermodal access — continuing to attract institutional capital. Legacy Park East's profile as a newly delivered, fully leased asset with two in-place tenants aligns with characteristics that institutional buyers have favored in a capital markets environment marked by selective deal activity.
The tenant roster at Legacy Park East includes operators in corrugated packaging manufacturing and third-party logistics, two sectors that have been active drivers of modern warehouse and light manufacturing demand in the Carolinas. According to the announcement, the tenants have made significant capital investment in advanced production capabilities at the facility.
About JLL Capital Markets
JLL's Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries, offering services including investment sales and advisory, debt advisory, mergers and acquisitions, corporate finance, loan sales, equity and fund placement, net lease, derivative advisory, and energy and infrastructure advisory.
JLL (NYSE: JLL) reported annual revenue of $26.1 billion and operates in over 80 countries with a global workforce of more than 113,000 as of March 31, 2026.
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