Local developers announce 43,750-square-foot speculative industrial development in Saxe Gotha Industrial Park
June 29, 2022
Colliers’ industrial brokerage team to handle leasing and marketing for the development
Local developers Saxe Gotha Spec, LLC announced plans for a 43,750-square-foot speculative industrial building on Old Wire Road in the Saxe Gotha Industrial Park in West Columbia, SC.
Colliers | South Carolina’s industrial brokerage team of Chuck Salley, SIOR, Dave Mathews, SIOR, Thomas Beard, SIOR and John Peebles has been hired for brokerage and marketing services to bring distribution or manufacturing users to the building.
The Class A building is currently scheduled to be completed in the first quarter of 2023 and will feature 28-foot ceiling heights, 43 car parking spaces, five dock-high doors and one drive-in door, an ESFR fire suppression system and LED lighting.
“Colliers is thrilled to be retained as the leasing team for this much-needed development in West Columbia,” said Salley, Managing Director | Industrial Services in Colliers’ Columbia office. “Free-standing industrial buildings under 50,000 square feet are the most underserved product class in the Columbia market.”
The Saxe Gotha Industrial Park is home to Amazon, Nephron Pharmaceuticals and more.
“Lexington County is excited to have another speculative building available for prospective companies looking to locate and/or expand in our flourishing community,” said Lexington County Council Vice Chair Beth Carrigg. “We appreciate this investment and look forward to continued growth in the Saxe Gotha Industrial Park.”
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
Colliers | South Carolina has over 140 staff members, including 62 licensed real estate professionals, covering the entire state with locations in Charleston, Columbia, Greenville and Spartanburg. Total 2021 brokerage volume exceeded $1 billion, which included over 590 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 17 million square feet of office, industrial, retail and healthcare properties. Colliers’ staff hold 54 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 and set a new record by managing a portfolio of projects approaching $1 billion in volume during 2021.
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 62 countries, our more than 17,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. With annualized revenues of $4.3 billion and $65 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.
