NAI Avant Industrial Specialist Completes Significant First Quarter Deal Transaction Volume
May 13, 2015
COLUMBIA, SC – Nick Stomski, SIOR, NAI Avant’s leading industrial specialist, has completed a significant volume of notable industrial transactions with a total of over 400,000 square feet of industrial space during the first quarter of 2015.
– Stomski represented the owner of 289 Wilbert Way, located in St. Matthews, SC, in the sale of their ±146,781 square foot manufacturing facility for $2,275,000 to Wire Mesh Corporation. The family-owned welded wire products company has announced that they are prepared to invest $13.9 million into the facility and create over 50 jobs over the next five years.
– Stomski represented the owner of 34 Hilltop Road in Johnston, SC, in the sale of their ±107,712 square foot industrial warehouse to Log Creek Timber Company. Log Creek Timber, a family-owned company run by a professional staff of foresters and buyers, offers land owners a full range of forest management and harvest services.
– Stomski and NAI Avant senior broker Rob Lapin represented the landlord of 715 Bluff Road, an industrial facility, located on the edge of downtown Columbia, in the lease of ±60,000 square feet of administrative and warehouse space to the City of Columbia. The gross lease value of this transaction was over $1,000,000.
– Stomski and NAI Avant senior broker Dick Stanland represented the landlord of 1517 Key Road in Columbia, SC, in Bellsouth Telecommunications’ lease renewal of ±30,000 square feet.
– Stomski represented the tenant, UTi Logistics, in the lease renewal of ±60,000 square feet within the 186,000 square foot distribution center at 132 Joseph Walker Drive in Elgin, SC. UTi Logistics is an industry-leading supply chain management company that delivers competitive advantage to clients’ supply chains.
About NAI Avant
NAI Avant’s commercial real estate business is one of the largest in the Southeast. With over 65 professionals, the firm provides comprehensive brokerage, leasing, development, property and project management services. For nearly three consecutive decades, the group has had more of its brokerage professionals recognized as top producers or recipients of the top awards than any other firm in South Carolina. As a member of the NAI Global Network, NAI Avant is affiliated with more than 375 offices strategically located throughout North America, Latin America, Europe and Asia Pacific, with over 6,700 local market professionals, managing over 380 million square feet of property. NAI Global is the single largest, most powerful global network of owner-operated commercial real estate brokerage firms and is a wholly owned subsidiary of C-III Capital partners. NAI Global Member firms, leaders in their local markets, are actively managed to work in unison and provide clients with exceptional solutions to their commercial real estate needs. NAI Avant’s Property and Project Management Group currently manages a multi-million square foot portfolio of properties across South Carolina, North Carolina, and Georgia. Through its Avant Healthcare Division, the firm provides comprehensive services to hospitals, clinics, and physician groups. NAI Avant, founded in 1966, is headquartered in Columbia, SC with an office in Charleston, SC. Find out more about NAI Avant and its services at www.naiavant.com. Be sure to follow us on Twitter @NAIAvant and like us on Facebook.
