An Atlanta real estate developer, owner and operator with projects across the United States is developing a 1.2 million-square-foot distribution center in Spartanburg.
Rockefeller Group is building the facility on 87.7 acres it acquired in 2022.
Spartanburg 221 is a modern, Class A speculative industrial building located off Highway 221, approximately one mile northwest of the Interstate 85 at the Exit 78 interchange. The development began earlier this year and is expected to deliver in the fourth quarter of 2024.
“Spartanburg 221 lies in the heart of the I-85 corridor in the Greenville-Spartanburg industrial market, which has been recognized as one of the nation’s fastest growing industrial markets due to population expansion, business friendly environment, ample transportation infrastructure, broad regional accessibility, and a skilled work force,” Steven McGee, vice president of Southeast development for Rockefeller Group, said in a news release. “While the automotive industry has chosen to make significant investments in the community, with BMW and Volvo, there is an increase in demand for quality distribution and manufacturing space from companies that supply to the auto industry, like Boysen USA and Winar Connection, who have already chosen to locate and invest in Spartanburg.”
Spartanburg 221 will include 40-foot clear ceiling heights, 56-foot by 53-foot column spacing, up to 530 parking spaces and up to 237 trailer stalls.
Campbell Lewis and Marcus Cornelius of CBRE are the exclusive leasing agents for Spartanburg 221. The team is also marketing Rockefeller Group’s Duncan Logistics Center, which includes three industrial warehouses totaling 827,000 square feet and is nearing completion in nearby Duncan.
Related article: See our Hot Properties report about the transaction.
“We are seeing significant interest in our Duncan project from ecommerce, manufacturers and third-party logistics suppliers who want to be located along the I-85 corridor and are confident that both projects will lease quickly,” McGee said in the release.
Rockefeller Group’s portfolio spans the development of office, multifamily, industrial and mixed-use projects across six geographic regions as well as ownership interest in and management of approximately 6 million square feet of office space in Manhattan, the news release said.
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