SunCap Property Group, a commercial real estate development, investment and advisory firm based in Charlotte, North Carolina, broke ground on Enterprise 85, an industrial development in Greenville Enterprise Park, the company announced July 25.
Photo provided.
The 140-acre site at 7755 Augusta Road, which was purchased in partnership with the real estate business within Goldman Sachs Asset Management, will feature a Phase 1 building consisting of more than 1 million square feet.
The building may also be expanded up to 1.5 million square feet or divided into two stand-alone buildings. Its features include:
- 40-foot clear heights
- Cross-dock orientation
- On-site employee and trailer parking
Photo provided.
“This location is ideal for industrial development and will bring new jobs and opportunities for Greenville residents within the growing suburban areas nearby,” said Greenville Area Development Corporation President and CEO Mark Farris. “Labor is readily available for facility operations at this location, drawing from underemployed areas like Abbeville and Greenwood and supported by the skilled workforce coming out of institutions like Greenville Tech and nearby Clemson University. Major residential development is also rising to meet demand for workforce housing, with thousands of new homes currently planned or under construction to support the growing population. The addition of Class A industrial space in the Greenville market is a key component in attracting and ultimately winning new economic development projects and we are grateful for SunCap’s investment.”
SunCap’s portfolio includes Spartanburg Exchange as well as Hillside 290, Magna Seating and FedEx Ground’s facility in Spartanburg.
