Colliers’ Dillon Swayngim represents RealtyLink in sale of Garlington North Industrial building
September 15, 2021
Colliers | South Carolina broker Dillon Swayngim represented RealtyLink Development in the sale of Building A at Garlington North Industrial Park to Diversified Medical Healthcare.
Building A at Garlington North Industrial Park consists of ±136,080 square feet and features 32 dock doors, two drive-in doors and 109 parking spaces less than five minutes from major retail corridor Pelham Road. RealtyLink is currently in the planning stages for the construction of two additional industrial buildings at the park; buildings B and C will consist of ±136,500 square feet each with similar specifications and configuration to Building A. Both buildings are currently available for pre-leasing.
Diversified Medical Healthcare (DMH), represented by Elliott Fayssoux and Richard Jackson of Cushman & Wakefield | Thalhimer in the transaction, will occupy and utilize a portion of the Class A building to expand its business in Greenville. The space will primarily be used for distribution and will employ as many as 100 people once fully operational.
DMH is a holding company headquartered on Pelham Road with four operating entities: clinical reference laboratory, medical supply and equipment distribution, sterile medical manufacturing and medical software. Three of their companies have been active in producing supplies and services towards the fight against COVID-19.
“We are very excited about the sale of Building A and congratulate Diversified Medical on their continued growth in the Greenville market,” said RealtyLink Principal Neil Wilson. “We are getting ready to begin construction of Building B at the park and are confident with the assistance of Colliers we will quickly find the right tenants for additional facilities at Garlington North.”
“This sale comes on the heels of a surge in demand for industrial space in the Greenville-Spartanburg market. There is continued investment from users who are drawn to the proximity to consumers in the Upstate region of South Carolina and the quality of life in Greenville,” said Swayngim, Senior Brokerage Associate with Colliers | South Carolina.
Dillon Swayngim has advised landlords and tenants in millions of square feet of industrial transactions. He specializes in industrial tenant and landlord representation throughout the Upstate of South Carolina and will partner with RealityLink to lease Buildings B and C at Garlington North Industrial Park.
About Colliers
Colliers | South Carolina has over 150 staff members, including 62 licensed real estate professionals, covering the entire state with locations in Charleston, Columbia, Greenville and Spartanburg. Total 2020 brokerage volume exceeded $533 million, which included over 456 sales and leasing transactions. In addition to traditional commercial real estate representation services for our clients, the company is actively engaged in Corporate Solutions and Healthcare Services. Colliers is an Accredited Management Organization (AMO) through the Institute of Real Estate Management (IREM) and is the largest manager of commercial real estate properties in South Carolina, with a portfolio of over 17 million square feet of office, industrial, retail and healthcare properties. Colliers | South Carolina’s staff hold 49 professional designations, the most of any firm in South Carolina. Colliers | South Carolina’s partner, LCK, provides project management services for new facilities and renovations across South Carolina.
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 67 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. With annualized revenues of $3.0 billion ($3.3 billion including affiliates) and $40 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.
