Spartanburg’s Caliber Ridge Industrial Park signs 1st tenant


Caliber Ridge Park signs 1st tenant
Provider of data protection and recovery leasing 45,000 square feet

May 3, 2008

By Trevor Anderson –

Liberty Property Trust, a $6 billion international real estate investment trust, has signed its first tenant for Caliber Ridge Industrial Park off Highway 101 across from BMW Manufacturing Co. in Spartanburg County.

Iron Mountain, one of the world’s largest providers of data protection, data recovery and archiving software services, has leased 45,000 square feet of a 126,000-square-foot building at 125 Caliber Ridge Drive.

The company plans to take occupancy in late spring or early summer of this year.

“Since we came to the Upstate in 2001, our business has just grown steadily,” said Dale Lawing, vice president of Iron Mountain’s mid-South operations. “It’s a good market for us. This will be our largest facility in the area, and we expect it to increase our capacity by about 20 percent.”

Lawing said he didn’t know the exact number of jobs that would be created by the move. Initially, he said, a few workers from other Iron Mountain locations around the state would be relocated to bring the facility on line.

The building, which was completed in November as the first of five Class A industrial buildings at the $55 million Caliber Ridge, has 20 loading docks, a drive-in bay and 28-foot high ceilings.

Construction on the park’s three 157,000-square-foot buildings and a fourth 150,000-square-foot building is ongoing.

Liberty has designed each of the buildings to achieve Leadership in Energy and Environmental Design (LEED) certification and Foreign Trade Zone status.

At Caliber Ridge’s grand opening in March, F. Bogue Wallin, vice president of Liberty’s Carolinas Region, said the company’s main reason for building the industrial park near Greer was to take advantage of the growth happening between Greenville and Spartanburg.

“The second thing was that BMW was here. And the third is to take advantage of the trend for international companies who already have facilities in another place and don’t want to construct a new building, to come in and set up shop,” Wallin said.

The five-building multi-tenant complex will contain almost 800,000 square feet of industrial space.

Wallin said the buildings would be perfect for housing the warehouse, manufacturing or distribution operations of any company.


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