Nov
13

160,000 SF Warehouse Sold in Anderson

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Spartan Logistics, a third-party warehousing and logistics services provider based in Columbus, Ohio, has announced that it has acquired a 160,000 sq. ft. warehouse and related tenant business in Anderson, S.C., from Elston-Richards. The property is located at 5201 Highway 81 S in Starr, SC 29684.

Spartan Logistics has occupied one-third of the building for the past five years and needed to expand its space in Anderson. At the same time Elston-Richards sought to reinvest and focus on its operations in Michigan. After seeking alternatives for years, the two companies reached an agreement for Spartan to acquire the entire facility.

Spartan Logistics will operate the facility under assignment of the current customer contracts and will make significant investment in upgrading the property to modernize the facility and preserve its value.

 

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