Things are looking up in the Greenville-Spartanburg industrial real estate market. Liberty Trust is developing the first speculative industrial building since 2008, with a 156,000-square-foot multi-tenant warehouse.
“We have one building at Caliber Ridge [in Greer] that is totally leased. We own 850,000 square feet of industrial space in the area and have reached 100 percent of occupancy,” said Brian Blythe, Liberty Trust director of leasing for the Carolinas. “The whole Greenville-Spartanburg market has had significant absorption over the past months. We need available products ready.”
The warehouse will be located at Caliber Ridge Industrial Park, 100 Caliber Ridge, Greer. A.L. Industries, a manufacturer of auto filters, has already signed a lease for 52,000 square feet and will be moving in the beginning of 2014 when their space is completed.
