Weston, Inc. acquires 110 Metal Park Drive in Columbia
October 12, 2021
Colliers to handle leasing, marketing and property management; LCK to handle project management for building improvements
Colliers | South Carolina’s Chuck Salley, SIOR, Dave Mathews, SIOR, Thomas Beard and John Peebles represented the seller, Metal Park Drive, LLC, in Weston, Inc.’s acquisition of a 65,000-square-foot industrial building at 110 Metal Park Drive in Columbia, SC. Colliers has been retained by Weston to lease and manage the property.
LCK’s Dale Stigamier, CCIM is currently serving as project manager for improvements to the property, including the installation of a new truck court, a fire suppression system and LED lighting.
Colliers’ industrial brokerage team of Salley, Mathews, Beard and Peebles is currently marketing the property for lease. Jered Wooten from Colliers’ Real Estate Management Services (REMS) division is the Property Manager.
“We are excited to expand our portfolio in South Carolina,” said Eileen McConville, Asset Manager for Weston, Inc. “The Colliers team brought this property to us as a value-add investment and we look forward to working with LCK and Colliers to improve the property and find a tenant that will add to the local economy.”
110 Metal Park Drive is now part of Weston’s Southeast Industrial Properties portfolio. Weston is a Cleveland-based commercial real estate owner and developer with nearly 7 million square feet in assets in South Carolina, making it one of the largest privately held industrial landlords in the state. For more information on Weston’s Southeast Industrial Properties portfolio, please visit www.
Salley, Mathews, Beard and Peebles are the leading industrial brokerage team in central South Carolina, specializing in leasing, user sales and investment sales of industrial properties. Their multifaceted platform gives them a unique insight into market conditions for all types of industrial properties.
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.
