Red Rock Developments announces first speculative distribution facility at Sandy Run Industrial ParkApril 5, 2022
Site work underway for 497,952-square-foot, cross-dock, speculative facility along I-26 in central South Carolina.
Red Rock Developments announced Sandy Run Industrial Park’s first speculative distribution facility. Site work is underway for the 497,952-square-foot, cross-dock, speculative facility along I-26 in central South Carolina. The building is expandable to 663,836 square feet, the largest expandable spec building ever to be constructed in the market. It is equipped to facilitate cross-dock distribution operations and will be 36’ clear, which will enhance warehousing speed and productivity required by state-of-the-art users. The building is on schedule to deliver in Q2 2023.
Located in Calhoun County, a rapidly growing industrial market, this Class A building will feature direct access from Interstate 26 (Exit 119) and is located near the Amazon Distribution Center, Nephron Pharmaceuticals, the UPS Air HUB and the Columbia Metropolitan Airport. With proximity and direct access to the Port of Charleston, Sandy Run is strategically positioned and served by four interstates, I-26, I-77, I-20 and I-95, allowing for a quick and efficient distribution process for a multitude of manufacturing industries throughout the state, region and country.
Red Rock Developments’ CEO Bill Smith is very optimistic about the Sandy Run Industrial Park. “The park’s proximity to the Port of Charleston, Volvo’s manufacturing facility in the Lowcountry and BMW in the Upstate, coupled with the excellent highway system of the Midlands, makes this a great option for companies looking to locate in a Class A industrial park within a great labor shed of South Carolina. We look forward to making Sandy Run Industrial Park one of the preeminent Class A industrial parks in South Carolina.”
“It is truly a new and exciting time for Calhoun County. We are grateful that a major developer like Red Rock Developments would see the opportunity and potential to invest in the Sandy Run Industrial Park and now to take it a step further with the construction of a major market speculative building,” said John McLauchlin, Administrator and Economic Development Director. “With the county’s pro-business attitude, the recent development of the Sandy Run Industrial Park coupled with our low tax base and utility rates, we feel like we are now positioned for major economic growth. Thank you to the Calhoun Land Investors, LLC, and Red Rock Developments for believing in Calhoun County.”
Sandy Run is a ±760-acre, fully entitled industrial park with access to all utilities. Red Rock Developments is the exclusive developer for speculative and build-to-suit buildings and plans to complete over 5.9 million square feet of Class A industrial space in the park.
The building is being leased and marketed by Chuck Salley, SIOR; Dave Matthews, SIOR; Thomas Beard, SIOR; and John Peebles of Colliers | South Carolina. For additional information, please contact Colliers at 803.254.2300.
“We are extremely excited to announce construction on the first building at Sandy Run Industrial Park,” said Salley, Managing Director | Industrial Services in Colliers’ Columbia office. “We are even more excited to partner with an experienced and best-in-class industrial developer like Red Rock Developments. Red Rock’s desire to be community minded and its ability to be creative on transactions will serve as catalysts in the success of this project.”
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 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