A new multimillion, 254,000 SF FedEx Ground Packaging System distribution center is underway in Spartanburg County that is expected to bring several hundred jobs to the area.
The 59-acre development off I-85 on Falling Creek Road is currently under construction and expected to be completed in December 2014.
SunCap Property Group, a Charlotte-based company who is developing the site, has already completed several dozen of these distribution centers across the U.S. for FedEx. Flint McNaughton, principal at SunCap, says that “Spartanburg is a dynamic market and we are thrilled to be doing our first development [for FedEx] in the area.”
Jesse Bull, a spokesperson for FedEx, says that the company is currently in its quiet period before its earnings release. “Our quiet period began on Nov. 15 and runs until Dec. 18 when we report our second quarter earnings,” said Bull. “Due to this fact, unfortunately, we are unable to give forward-looking statements, which include comments on real estate matters.”
Bull says a statement will be issued after Dec. 18 on the project.
