Delivering Success

We continue to deliver success for South Carolina and Georgia. Our sites and parks are prepared to meet the needs of a variety of buyers, users and investors — whether it’s build-to-suit projects, speculative buildings or an industrial stand-alone development. Read how we have helped deliver success for companies throughout the Southeast.

Press Releases

Colliers International represents Pacolet Milliken Enterprises in sale of 213 acres to Keurig Green Mountain

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.

Colliers International fills 75,000-square-foot industrial building planned for GE's new test facility

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).

Market Reports

2019 Q2 Industrial GREENVILLE-SPARTANBURG Report

Accessibility to domestic and global markets is becoming a primary factor in site selection for businesses. South Carolina’s efficient logistics provide companies quick access to suppliers and customers through its ports, rail lines and interstates.

Global trade is rapidly expanding within South Carolina. The region is booming with industrial activity due to imports/exports transporting through the Port of Charleston - the deepest eastern seaport - and Greenville-Spartanburg becoming an industrial hub with incredible inland port logistics and a manufacturing business base.

2019 Q2 Industrial CHARLESTON Report

The Charleston industrial market has 55.64 million square feet of industrial inventory with approximately 4.05 million square feet under construction within 23 buildings. In addition, there are approximately 3.78 million square feet of buildings proposed to be built within the Charleston market. There were three new buildings delivered to the market this quarter which added 470,630 square feet to the Charleston industrial inventory.

The Charleston industrial market absorbed 632,810 square feet during the second quarter of 2019; three submarkets: North Charleston, Berkeley County and Clements Ferry absorbed a net total of 540,875 square feet.

2019 Q2 Industrial SOUTH CAROLINA Report

The decentralization of distribution hubs is a direct result of suppliers meeting the delivery demands of consumers within hours to one day of their orders, rather than having one main hub that delivers within a few days. This shift has driven the industrial demand up throughout South Carolina because the entire state has access to logistical suppliers such as the Port of Charleston and the Inland Ports of Dillon and Greer.

It follows then that industrial occupiers desire a location within regions with the highest population growth and, according to the most recent U.S. Census data, South Carolina’s population is expected to increase to 5.46 million people by the year 2020. Rising industrial demand is evidenced through the absorption numbers over the past year and a half.

2019 Q1 Industrial Greenville Spartanburg Report

A strong manufacturing workforce, convenient logistics infrastructure and ample land for development generates high demand within the Greenville-Spartanburg industrial market. In addition, the Inland Port Greer continues to set container volume records — drawing interest from manufacturers and distributors.

Many companies are moving to the area to set up regional distribution hubs, e-commerce fulfillment and import/export centers. Advanced manufacturing, automotive and distribution are each distinct demand drivers and are all buoyed by a strong labor force and supporting infrastructure. Investors and developers continue to purchase tracts of land and construct speculative and build-to-suit buildings in order to keep up with demand .

2019 Q1 Industrial South Carolina Report

Accessibility to domestic and global markets is becoming a primary factor in site selection for businesses. South Carolina’s efficient logistics provide companies quick access to suppliers and customers through its ports, rail lines and interstates.

Global trade is rapidly expanding within South Carolina. The region is booming with industrial activity due to imports/exports transporting through the Port of Charleston - the deepest eastern seaport - and Greenville-Spartanburg becoming an industrial hub with incredible inland port logistics and a manufacturing business base.

© 2019 Pacolet Milliken, LLC

Information herein has been obtained from sources deemed reliable; however, its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification.