Collett Industrial announces 196,560-square-foot speculative industrial development in Carolina Pines Industrial Park

January 7, 2021

Colliers International’s industrial brokerage team to handle leasing and marketing

Collett Industrial announces that they will be developing a 196,560-square-foot industrial building in the Carolina Pines Industrial Park in Blythewood, SC.

Colliers International | South Carolina’s industrial brokerage team of Chuck Salley, SIOR, Dave Mathews, SIOR, Thomas Beard and John Peebles have been hired by Collett for brokerage and marketing services to bring distribution or manufacturing users to the park.

The Class A building is currently scheduled to be completed in the fourth quarter of 2021 and will feature 32-foot clear heights, 63 trailer parking spaces, 42 dock-high doors, an ESFR fire suppression system and LED lighting. This modern facility can accommodate tenants from 42,120 to 196,560 square feet in size.

“Colliers is proud to partner with Collett Industrial on their newest speculative development in the Carolinas,” said Salley, Vice President and Director of Industrial Brokerage Team for Colliers’ Columbia office. “This announcement is in response to the high demand for Class A space in central South Carolina, and the market will respond well to Collett’s high-caliber industrial product.”

The Carolina Pines Industrial Park is home to Belk Distribution Center, Intertape Polymer Group, Husqvarna Outdoor Products, Patterson Logistics Services, Amcor Rigid Plastics and more.

The Carolina Pines building is Collett Industrial’s first development in Columbia. Additionally, the development company is currently preparing to construct up to 702,000 square feet of speculative industrial space at Willimon Business Park in Greenville with leasing and marketing services provided by Colliers’ Greenville-Spartanburg industrial brokerage team.

“Columbia has been a priority market for us given its central location, excellent transportation infrastructure and strong labor force. We are thrilled about this project and look forward to working alongside Colliers and Jeff Ruble and his team at the Richland County Economic Development Office,” said Teddy Hull, Principal at Collett Industrial. “With increasing demand and limited existing Class A space available in the market, we see a compelling opportunity to help meet the needs of today’s users at Carolina Pines Industrial Park.”

“Richland County is appreciative of Collett’s confidence in our market,” said Paul Livingston, Richland County Council Chair. “This investment is a direct result of the unprecedented success we’ve enjoyed in economic development over the past few years.”

Headquartered in Charlotte, NC, Collett Industrial is a development and acquisition platform focused on industrial properties in the southeastern U.S. Collett Industrial is a subsidiary of Collett, a full-service commercial real estate firm with expertise in development, property management, leasing, brokerage, and tenant representation. Collett Industrial’s current portfolio consists of over 1.5 million square feet of completed or planned industrial space, focusing on distribution, light manufacturing and e-commerce related facilities.

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 International

Colliers International | South Carolina has over 150 staff members, including 65 licensed real estate professionals, covering the entire state with locations in Charleston, Columbia, Greenville and Spartanburg. Total 2019 brokerage volume exceeded $419 million, which included over 452 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 International 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 nearly 15.5 million square feet of office, industrial, retail and healthcare properties. Colliers International’s staff hold 44 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 International (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.