Scott honored for ±1.3-million-square-foot, $83.7 million deal in Greenville-Spartanburg, South Carolina
Garrett Scott, SIOR, Vice President of Colliers International | South Carolina, has received the Top 5 Industrial Transaction by Square Feet in 2019 award from the Society of Industrial and Office Realtors® (SIOR).
Scott has also been awarded Largest Dollar Volume Member-to-Member Transaction alongside Mike Demperio, Senior Vice President and Partner Southeast Regional Manager of CRG Real Estate, and Steve Grable, SIOR, Senior Vice President of JLL.
The Top Transaction Awards are presented to the largest sales and lease transactions, ranked by dollar volume, completed by SIOR members worldwide. This year, 500 SIOR members reported 2,575 transactions, totaling more than 147 million square feet and USD $19 billion in leases and sales in the industrial, investment, office, land, alternative assets and redevelopment sectors.
In the awarded transaction, Garrett Scott represented the landlord, CRG Real Estate, in the lease of 1,318,680 square feet of industrial space to a Fortune100 tenant at The Cubes at Inland 85 Building A. The lease represented a total transaction value of $83,748,331 over a term of 15 years. The tenant has announced it will bring more than 150 jobs to the Upstate (Greenville-Spartanburg) of South Carolina.
Garrett Scott, SIOR, along with partners John Montgomery and Brockton Hall, SIOR, 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 throughout the Upstate of South Carolina.
SIOR is the leading global professional office and industrial real estate association. The prestigious SIOR designation is a professional symbol of the highest level of knowledge, production and ethics in the real estate industry. Members must meet strict qualifications and pass a rigorous exam to be inducted.
For a complete list of the 2019 SIOR Transaction Awards and Top Lists, click here.
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. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. 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.