Strategic Capital Partners LLC, a commercial real estate firm based in Indianapolis, sold Port 290 in Greer to STAG Industrial, a real estate investment firm headquartered Boston, for an undisclosed sum, the business announced June 16.
Located on 91 acres at 1817 and 1809 E. Poinsett St. Extension, this development will consist of 717,000 square feet of Class A industrial space spread over two buildings. Both structures will offer cross-docked and rear-load options.
“Port 290’s proximity to the airport, the port, Highway 290 and I-85 make it a strategic location,” said Strategic Capital Partners CEO Richard Horn. “Future tenants and their employees will enjoy a short 4-mile drive to I-85 and only seven minutes to the Greenville-Spartanburg International Airport.”
Construction on the industrial development is expected to be completed in May 2023.
