CBRE to market 336,600 square foot industrial facility for Hubbell Lighting
December 27, 2016
South Carolina-based Hubbell Lighting has hired CBRE as the exclusive real estate services partner to market 5950 N Main Street, a 336,667 sq. ft. industrial facility on 40 acres located in Cowpens, SC. The property is listed for sale or lease with an $8.35 million asking price and $2.85 per square foot triple net lease rate.
5950 N Main Street is conveniently located just minutes from the I-85 corridor, 10 miles northeast of Spartanburg. Its location is served by an active CSX spur and offers assembly, manufacturing and distribution users easy access to Interstate 26, Highway 29 and Highway 110.
The property comes fully equipped, including more than 9,000 sq.ft. of office space, 100% sprinkler protection and abundant auto and trailer parking.
“The site provides an excellent opportunity for users requiring a large availability with proximity to prime logistics routes,“ said CBRE Senior Vice President Trey Pennington.
“The past two quarters have seen vacancy and absorption hit record lows in the Greenville-Spartanburg Industrial market, making this an opportune time for 5950 N Main to hit the market,” said Brian Reed, CBRE Research Manager.
For more information on 5950 N Main Street, please contact the Trey Pennington at 864-527 6095.
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.
