Sep
12

Greenville’s Largest Industrial Park Sold

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matrix-currenttenant-map-foAt 1,100-acres, The Matrix, the largest industrial park of its kind in Greenville County, has a new owner, a new name, and will soon have a new look. The park’s new ownership entity, Augusta Grove – Greenville, LLC, is a partnership led by TPA Group of Atlanta and Appian Investments, a Greenville-based investment group, together with Greenville County Business Park Public Facilities Corporation as a minority partner. TPA/Appian will manage the venture that now owns more than 700 acres that remain undeveloped within the park. NAI Earle Furman will be overseeing a substantial rebranding effort to reintroduce the park as Augusta Grove – A Greenville SC Business Park. The park will also receive a number of significant improvements including new signage, landscaping and lighting plans.

The Matrix was created more than 15 years ago has until now has been owned and marketed by a county-led initiative. Fueled by the proximity to major interstates, Greenville’s central position along I-85 between Atlanta and Charlotte, and the neighboring South Carolina Technology and Aviation Center (SCTAC, the 2,600-acre former Donaldson Airforce base and home of an expanding group of nearly 100 corporate users such as Michelin and Lockheed), The Matrix has seen success attracting a diverse mix of key successful manufacturing and logistics owners such as GE Aviation, KI Logistics, Roy Metals, The Blood Connection, Sun City Produce, JTEKT, Magna Industries and others.

NAI Earle Furman represented the buyer, Augusta Grove – Greenville, LLC, and will facilitate future land sales and development as well as manage the overall park.

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    Categories : Greenville

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