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Browsing Tag: Industrial Real Estate

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.

What’s Driving the Greenville, SC Industrial Market with Randall Bentley, Lee & Associates

Greenville, SC has been hitting the radars of many companies especially in manufacturing, distribution and supplychain. Located 90 minutes southwest of Charlotte and two and a half hours north of Atlanta, Greenville is right in the flow of goods up and down the East Coast. On top of that, there is the Inland Port Greer which is an extension of the Port of Charleston. This is a direct train line that runs from the coast up to Greer, SC (Upstate South Carolina and a city neighboring Greenville). The Inland Port is just three and a half hours away from Charleston. This is an unparalled combining of relatively easy access to freeways for trucking, trains delivering direct access from a major port city and comparatively cheaper pricing for land and buildings.

Take a couple of minutes and listen to area expert with a long history here, Randall Bentley of Lee & Associates. I’ve had the opportunity to work with Randall and he is a real professional and is a wealth of knowledge and expertise on the market here in the Upstate. In fact he has a great team of commercial real estate brokers providing services, advice and counsel throughout the Upstate.

Lee & Associates Greenville, SC – Randall Bentley, Broker-in-Charge / President / Principal