May
13

NAI Avant Announces 1Q Industrial Transactions

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nai avant logoNick 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.

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