CBRE arranges 5,000 SF lease for global engineering firm in downtown Columbia
February 23, 2017
CBRE is pleased to announce that it arranged a 5,000 sq. ft. lease on behalf of Samtec, a Indiana-based engineering firm and Asbill-Christopher, LLC, the landlord of 1907 Thurmond Mall Boulevard in Columbia, SC. CBRE’s Aaron Dupree represented the tenant and CBRE’s Martin Moore represented the landlord in the transaction.
Samtec, headquartered in New Albany, Indiana, is a privately held $661 million, global manufacturer of a broad line of electronic interconnect solution blocks with locations in 18 countries.
“This location is a new office for Samtec, which wanted to capitalize on the existing industry talent that resides in Columbia,” said Dupree. “A core employee group has already been recruited and employed and the company is excited about future growth.”
“When marketing 1907 Thurmond Mall Boulevard, we knew we would focus on industries looking for easy access to the interstates, which is attractive to the established workforce who lives in the suburbs, but who would also want to position themselves to better recruit the talent who desires to be downtown.” said Moore.
According to the 2017 CBRE’s Southeast Outlook Report, the presence of the University of South Carolina will help attract companies like Samtec looking for a young highly educated workforce.
“Samtec is excited to be in the Columbia Area. We see an opportunity to utilize University talents to grow the site across all engineering disciplines,” said Samtec’s Matt Hendrick.
“The property was originally listed for sale; however, with Samtec’s strong reputation and long-term commitment to the community, the landlord was flexible to the opportunity,” said Moore.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
