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Developer expands portfolio with its first industrial acquisition in South Carolina

Penzance grows, further diversifies holdings with warehouse deal
Penzance nabbed the fully leased 1203 Galleria Blvd. warehouse in Rock Hill, South Carolina. (CoStar)
Penzance nabbed the fully leased 1203 Galleria Blvd. warehouse in Rock Hill, South Carolina. (CoStar)
CoStar News
November 11, 2025 | 10:05 P.M.

A Washington, D.C.-based owner and developer acquired its first warehouse in South Carolina as it looks to diversify its platform beyond the mid-Atlantic region and its traditional investments in multifamily and mixed-use projects.

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News | Developer expands portfolio with its first industrial acquisition in South Carolina