Charlotte-based Beacon Partners, a commercial real estate investment company, broke ground last week on a new 240,020 square foot industrial spec building at 545 Brookshire Road, near Hwy. 101 in Greer in Spartanburg County.
The project is situated on 14.1 acres and will feature state of the art design, features and functionality with an ESFR sprinkler system, 32-foot clear height, and a 185-foot truck court to accommodate on-site trailer parking.
“We’re very excited to grow Beacon’s industrial presence in the Upstate,” said Sean McDonnell of Beacon Partners. “This facility offers a great opportunity for us to better serve the increasing demand for Class A space in Greenville-Spartanburg and along the I-85 corridor.”
This project continues Beacon’s recent expansion activity in the Upstate, totaling over 1 million square feet of development and acquisition activity in the last 12 months. In addition to breaking ground at 545 Brookshire Road, Beacon is concurrently developing Carolina Place, a speculative 50,400 square foot facility in Fort Mill, and in April delivered Riverwalk Commerce Center, a 277,000 square foot speculative facility in Rock Hill. Beacon’s recent acquisition activity in the Upstate consists of distribution facilities totaling 350,000 square feet in Spartanburg County and 255,000 square feet in Fort Mill.
Allen Cullum, developer of nearby Velocity Park will be developing the property and Tim Robertson, Director of Industrial Leasing at Beacon will lead the leasing efforts. No tenants have yet been announced.
Construction is expected to be complete in February 2016.
