Pacolet Milliken is a private investment company with a values-driven, multi-generational outlook that owns and manages high-quality assets.
In South Carolina and Georgia, Pacolet Milliken owns large tracts of land ideally positioned for industrial projects looking to locate to the Southeast. Recognizing the opportunity to differentiate their properties in the market, Pacolet adopted a development-friendly approach to preparing each tract and park for cost-effective, environmentally-friendly, ready-to-support, immediate-construction status.
Pacolet's commercial industrial land portfolio and its related sites are designed and positioned to expedite both purchases and sales. "One site, one deal" is the mantra. Each parcel is oriented to be stand alone in its specific use and location. This mindset is very conducive to institutional users and related financing and ownership entities.
What continues to distinguish Pacolet Milliken's industrial properties is their flexible approach for each property — not prioritizing build-to-suits or speculative developers but preparing the property so that it is ready for any buyer, any owner or any use.
Founded in 1912, Lockhart Power Company is Pacolet's investor-owned electric utility partner located in the Upstate of South Carolina. Lockhart provides cost-effective and reliable electric power generation, transmission, distribution and lighting services to many of Pacolet's industrial sites throughout the state.
Lockhart began generating renewable hydroelectric power in 1920, and nearly 100% of Lockhart Power’s current electric generation is derived from renewable resources, including hydroelectric and landfill gas generated power.
Specialty coffee manufacturer Keurig Green Mountain, Inc. has unveiled plans to build a roasting and packaging facility in the Tyger River Industrial Park North in Moore, SC, a $350 million investment expected to create 500 jobs. The announcement of the new production facility, which will house roasting and packaging for Keurig’s single-serve K-Cup pods with potential for distribution and warehousing operations, follows three years of planning by the coffee company that included a multi-state site search.
Spartanburg, SC – After three years of master planning and continued investment, Pacolet Milliken Enterprises, with the assistance of Colliers International's Garrett Scott, John Montgomery and Brockton Hall, has sold 213 acres of land in Tyger River Industrial Park – North.
Greenville, SC – Colliers International’s Garrett Scott and Brockton Hall represented Red Bullet Development in the lease of a 75,000-square foot industrial warehouse at Clinton 26 Commerce Park, at 100 Technology Way in Clinton, SC to General Electric International (GE).
The fertile fields of an 850-acre property off Highway 290 in Moore could soon reap economic investment and thousands of jobs for Spartanburg County. Pacolet Milliken Enterprises, a private investment firm founded in 2007 by shareholders of Spartanburg-based Milliken & Co., said it plans to open up the northern tract of its Tyger River Industrial Park (TRIP) for development.
The property, which is the last remaining undeveloped tract in the 2,250-acre park, was purchase in 1968 by the late Spartanburg businessman Roger Milliken. It has access to a CSX rail line, highways 221 and 290 and interstates 85 and 26.
Colliers' premier industrial brokerage team in the Upstate has partnered with Pacolet Milliken to manage its unique industrial portfolio of properties throughout South Carolina and Georgia.
Brokers and industrial property experts Garrett Scott, John Montgomery and Brockton Hall have more than 50 years' collective experience working with developers, users and investors in the southeastern United States and serve as the primary sales and leasing contact for the majority of Pacolet sites.
© 2021 Pacolet Milliken, LLC