Colliers International facilitates sale of industrial warehouse and acreage to G&W Equipment, Inc.

August 31, 2016

Seller will offer improvements to the property to help support new ownership’s business growth

Colliers International’s Chuck Salley, SIOR, Dave Mathews, SIOR and Sam Myers represented the seller, Dougherty Properties, LLC, in the sale of an industrial property at 115 Windhill Road in Columbia, SC to G&W Equipment, Inc. The property, which includes a 20,000 square-foot industrial building on 2.56 acres of land, sold for $725,000.

G&W is a heavy manufacturing and warehouse equipment dealer. Locally owned and operated since 1963, G&W is the authorized forklift dealer for CAT, Mitsubishi and Jungheinrich for both North and South Carolina. G&W has seven locations throughout the Carolinas. This purchase represents an expansion for G&W in Columbia, doubling the size of its current location at 3004 Charleston Highway which the Colliers team sold G&W in 2012.

Salley, Mathews and Myers are the leading industrial brokerage team in central South Carolina, specializing in leasing, user sales and investment sales of industrial properties. Their multi-faceted platform gives them a unique insight into market conditions for all types of industrial properties.

 

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About Colliers International Group

Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is an industry leading global real estate services company with more than 16,000 skilled professionals operating in 66 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 11 consecutive years, more than any other real estate services firm.

Colliers International | South Carolina has over 160 staff members, including 60 real estate professionals. Total brokerage volume for the firm in 2015 was approximately $574.75 million involving over 767 sales and leasing transactions. Colliers International is the largest manager of commercial property in South Carolina and is an Accredited Management Organization (AMO) through the Institute of Real Estate Management (IREM), with a portfolio of approximately 14 million square feet of office, industrial, retail and healthcare properties. Colliers International’s staff holds 56 professional designations, the most of any firm in South Carolina.