Colliers International’s Chuck Salley, SIOR, Dave Mathews, SIOR, Thomas Beard and John Peebles represented the landlord in leasing space to Jushi USA at 10700 Farrow Road in Columbia.
The property is part of the Carolinas Industrial Properties portfolio, owned by Reger Holdings LLC, which consists of 39 buildings, 5.5 million square feet and 55 tenants across the state.
“We were thrilled that Jushi has signed a lease for the entire building that was previously the largest available industrial space for lease in the Columbia market,” said Chuck Salley, Vice President & Director of Industrial Brokerage Team in Colliers International | South Carolina’s Columbia office. “Their investment and employment in Richland County is having a tremendous impact on both the County and the State of South Carolina.”
Jushi is a leading supplier of fiberglass reinforcements and fabrics to the reinforced plastics industry in the US. In 2016, the company announced a $300 million project for their fiberglass manufacturing plant which was the largest economic impact announced in Richland County in 35 years.
10700 Farrow Road was originally built by KitchenAid in 1971, and has since housed tenants including Little Tykes, Remington, Pure Power Technologies and Samsung.
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.
To learn more about the Carolina Industrial Properties portfolio, visit www.
About Colliers International
Colliers International | South Carolina has over 150 staff members, including 60 real estate professionals, covering the entire state with locations in Charleston, Columbia, Greenville and Spartanburg. Total 2018 brokerage volume exceeded $577 million, which included over 505 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 12 million square feet of office, industrial, retail and healthcare properties. Colliers International’s staff holds 46 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 global real estate services and investment management company. With operations in 68 countries, our 14,000 enterprising people work collaboratively to provide expert advice and services to maximize the value of property for real estate occupiers, owners and investors. For more than 20 years, our experienced leadership team, owning more than 40% of our equity, have delivered industry-leading investment returns for shareholders. In 2018, corporate revenues were $2.8 billion ($3.3 billion including affiliates), with more than $26 billion of assets under management. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.