The team was awarded for a ±1.4-million-square-foot, $96 million industrial transaction in Duncan, SC
Garrett Scott, SIOR and Brockton Hall, SIOR of Colliers | South Carolina were recently honored by the Society of Industrial and Office Realtors® (SIOR) for the Top Dollar Volume Member-to-Member Transaction Award of 2020 in the affiliate category.
In 2020, two of the top five industrial transactions conducted by SIOR members worldwide took place in South Carolina and were facilitated by Colliers brokerage teams.
Scott and Hall closed the deal along with SIOR affiliate member Michael Demperio, Executive Vice President and Southeast Partner of Atlanta-based developer CRG.
The awarded lease consisted of ±1,400,580 square feet of newly developed industrial space at The Cubes at Inland 85 in Duncan, SC and represented a total value of $96,186,016. The tenant is expected to bring more than 134 new jobs to Spartanburg County.
SIOR is the leading global professional office and industrial real estate association and represents the world’s elite in brokerage. The SIOR designation is a professional symbol of the highest level of knowledge, production and ethics in the real estate industry and members must meet strict qualifications to be inducted.
In 2020, 483 SIOR members reported 1812 transactions totaling more than 117 million square feet and $10.7 billion in leases and sales in the industrial, investment, office, land, alternative assets and redevelopment sectors.
Garrett Scott and Brockton Hall, along with partner John Montgomery, make up one of the top-producing brokerage teams in South Carolina. The Spartanburg-based team represents millions of square feet and thousands of acres of industrial real estate across the Southeast.
For a complete list of the 2020 SIOR Transaction Awards, click here
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.