Colliers International | South Carolina’s industrial brokerage team of Chuck Salley, SIOR, Dave Mathews, SIOR, Thomas Beard and John Peebles brokered the 54,312-square-foot lease at 128 McQueen Street in West Columbia to Shiyu Electronics USA, LLC.
Headquartered in China, Shiyu Electronics supplies parts for washing machines made in the Samsung manufacturing plant in Newberry.
“This deal signifies the impact of the Samsung investment in the central South Carolina region as another supplier moves into the area to be close to their plant,” said Salley, Vice President & Director of Industrial Brokerage Team in Colliers’ Columbia office. “The business-friendly climate of Lexington County was appealing to Shiyu.”
128 McQueen Street is a 170,195-square-foot industrial building near Old Dunbar Road in close proximity to the Columbia Metropolitan Airport in Lexington County. Other recent leases completed at the property include Morrisette Paper and Carolina Container totaling 115,883 square feet. The Shiyu lease brings the property to 100 percent occupancy.
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 14 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 real estate 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