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Category: Industrial Development

Demand Remains Strong for Industrial Real Estate in Greenville County

Photo Credit: Rockefeller Group / Upstate Business Journal / To Be Developed Duncan Logistics Park

There’s no doubt South Carolina has become a leading state in the rise again of domestic U.S. manufacturing. The Port of Charleston has played a huge role in the growth of manufacturing, distribution and the overall supplychain. Their Inland Port of Greer essentially extendes the Port of Charleston all the way out to the Upstate. The location of the Upstate being 90 minutes to Charlotte and 2.5 hours to Atlanta makes it a terrific location for all kinds of manufacturers who need to ship product throughout the U.S. as well as the rest of the world. The Upstate Business Journal has an excellent update on the state of industrial real estate here in Greenville. Be sure to read it.

Greenville County boasts more than 600 manufactures have operations here. That’s impressive and it only continues to grow. Greenville County is the largest county in the state of South Carolina with a current population of 514,000. Greenville County is expected to grow by 222,000 people and 86,000 jobs by 2040 as the trend across the America is for people to leave blue states for red states. It’s no wonder companies continue to expand operations here in the Upstate and specifically Greenville County.

Recently I spoke with a business owner who had been operating out of Florida. He was looking for new space for a distribution center in the Southeast. Atlanta was too big, too crowded and very expensive. Charlotte was also very expensive. Someone had told him to check out Greenville, SC and he was pleasantly surprised. He had never heard of it before but it had the infrastructure, access, ease of distribution and transportation – trucking, rail and air cargo with GSP International – and the prices were much, much better here for buildings. So he built a $2.5 million office warehouse here in Greenville.

There are many knowledgeable industrial and commercial real estate brokers in Greenville that can help you with that decision. The Greenville Area Development Corp. is also a very helpful organization for companies evaluating the Upstate.

SunCap Property Group Breaks Ground on Largest Spec Building in Greenville County 1MM+ SF

Greenville County continues to see massive investment in industrial space as witness today where John Montgomery, Managing Director at Colliers in Spartanburg, SC, announced that SunCap Property Group will be building the largest spec building to date in Greenville County at 1,000,000+ square feet. You can see his post below from LinkedIn. The project will be built in phases and could see phase 1 as large as 1.5MM SF. Wow!

Here’s his listing for SunCap Property Group’s Enterprise 85 Industrial Park. Congrats to SunCap on breaking ground and John Montgomery’s team at Colliers for bringing this to the market.

The Upstate of South Carolina continues to boom for industrial real estate and draw the attention of major investors and companies. Located 90 minutes southeast of Charlotte, NC and 2.5 hours from Atlanta, GA, it’s well positioned for companies to get space at a reasonable price. The area also has the remarkable Inland Port of Greer which extends the Port of Charleston inland by 212 miles. As you discover the Upstate of South Carolina – Greenville, Spartanburg, Anderson – you may want to get to know Jim Burns and the team at the Greenville Area Development Corporation.