CH Realty Partners LLC, a real estate development and investment firm, announced Oct. 16 it has secured a $50 million loan to refinance its 150,000-square-foot industrial facility in Union.
The building at 260 Midway Drive houses MycoWorks, a pioneer in mycelium technology for sustainable manufacturing. The plant utilizes advanced robotics, digital analytics and artificial intelligence to automate 80% of its production process.
“We are pleased to play a role in the growth and development of a forward-thinking company such as MycoWorks,” said CH Realty Partners Founder Philip Cyburt. “This transaction not only strengthens our position in the Greenville-Spartanburg market but also reflects our dedication to partnering with companies that are shaping the future of sustainable manufacturing.”
MycoWorks’ Union facility employs over 350 people.
