Colliers represents Frauenthal Gnotec in ±68,500-square-foot lease for new facility in Fountain Inn, SC
June 9, 2021
Dillon Swayngim of Colliers | South Carolina represented Swedish-based Frauenthal Gnotec in the lease of ±68,500 square feet of industrial space at 400 S. Nelson Drive in Fountain Inn from Bell Garrett, LLC. The company plans to open a new manufacturing and distribution facility at this location to improve capacity and better serve customers and long-term business partners throughout North America.
Frauenthal Gnotec is a leading international developer and manufacturer of components for the automotive and commercial vehicle industry. With operations in China, Czechia, Germany, Slovakia, Sweden and the U.S., the company employs more than 1,300 people and offers state-of-the-art technology in automatic pressing, welding and assembly. Frauenthal Gnotec clients include leading OEM manufacturers like Volvo Car Corporation, Geely, Jaguar/Land Rover, Volvo Trucks, Scania, Paccar, MAN, Mack Trucks, Autoliv and Joyson.
“The facility at 400 S. Nelson is situated with key frontage right on I-385 from which you can easily connect to the area’s major interstate and port system,” said Colliers Senior Brokerage Associate Dillon Swayngim. “These advantages, combined with the heavy power and fully conditioned status of the building, really contributed to the desirability of this space — providing a great turnkey location for Frauenthal Gnotec to occupy quickly with room to expand and grow in the future.”
“Laurens County continues to be a great place for foreign direct investment, and we would like to welcome Frauenthal Gnotec to our manufacturing community,” said Laurens County Development Corporation President and CEO Jonathan Coleman. “We are committed to the continued growth of our manufacturing and industry base which already makes up over 54% of the County’s wages. We look forward to Frauenthal Gnotec helping us expand those numbers and working with this great company to help them grow in Laurens County.”
The company is expected to take occupancy of the new facility in Q2 2021.
The landlord in this transaction was represented by NAI Earle Furman’s Hunter Garrett and John Staunton.
About Colliers
Colliers | South Carolina has over 150 staff members, including 62 licensed real estate professionals, covering the entire state with locations in Charleston, Columbia, Greenville and Spartanburg. Total 2020 brokerage volume exceeded $533 million, which included over 456 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 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 over 16 million square feet of office, industrial, retail and healthcare properties. Colliers | South Carolina’s staff hold 49 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 (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 67 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. With annualized revenues of $3.0 billion ($3.3 billion including affiliates) and $40 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.
