Archive for Gaffney

Aug
15

Coldwell Banker Commercial Caine Announces Transactions

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sold signsGreer:  Pete Brett, CCIM, David Sigmon, CCIM and Matt Vanvick of Coldwell Banker Commercial Caine represented Enigma Corporation (Seller) in the sale of +1.127 acres at 110 Sage Creek Way, to NV, LLC (Purchaser).

Greenville:  Pete Brett, CCIM, David Sigmon, CCIM and Matt Vanvick of Coldwell Banker Commercial Caine represented Brains on Fire Properties, LLC (Purchaser) in the purchase of a +5,330 SF office building on +0.12 acre at 1263 Pendleton St., from Mutual Home Store of Greenville, Inc. (Seller).

Spartanburg:  Tim Satterfield and Wiley North of Coldwell Banker Commercial Caine represented LeRhea R. Armstrong (Seller) in the sale of a +1,288 SF house on +1.07 acres for redevelopment at 2245 Southport Rd., to Jerome G. Bulman & Donald Bishop (Purchasers).

Spartanburg:  Tim Satterfield and Angela Halstead of Coldwell Banker Commercial Caine represented Charles N. Davis, Jr. and Susan D. Cantrell (Sellers) in the sale of a +1,900 SF retail building on +0.6 acre at 2850 E. Main St., to Burhan Abbas Raja (Purchaser).

Gaffney:  Tim Satterfield of Coldwell Banker Commercial Caine represented Sunny Hill Farms, Inc. (Seller) in the sale of +10.5 acres on Nancy Creek Rd., to Alfred Randall Moss & Arjana Ana Moss (Purchasers).

Leases

Greenville:  Robert Zimmerman of Coldwell Banker Commercial Caine represented Lever Studios, Inc. (Tenant) in the leasing of a +2,085 SF office space at 1320 Hampton Ave. Ext., Unit 4A, from Oceana Rapid, LLC (Landlord).

Greenville:  Matt Vanvick of Coldwell Banker Commercial Caine represented Hampton Doorway, LLC (Landlord) in the leasing of several small office suites at 217 E. Stone Ave. to The Art of Real Estate (Suites 31 & 33), Natural Glow Skincare (Suite 36), and Ali Waller Makeup & Skin (Suite 40) as Tenants. 

Greenville:  Pete Brett, CCIM, David Sigmon, CCIM and Matt Vanvick of Coldwell Banker Commercial Caine represented Mountain City Land and Improvement Co., LLC (Landlord) in the leasing of +6,158 SF of additional office space at INNOVATE, 148 River St., Suite 100, to Oobe Uniforms & Apparel, Inc. (Tenant).

Spartanburg:  Tim Satterfield of Coldwell Banker Commercial Caine represented Glorian Hayes (Landlord) in the leasing of a +2,500 SF retail/garage building at 18 Wells St., to Omar Davis (Tenant).

Spartanburg:  Tim Satterfield of Coldwell Banker Commercial Caine represented Mary Frances Poole (Landlord) in the leasing of a +16,250 SF industrial space at 140 Interstate Park Dr., to Cooks Power Equipment (Tenant).

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Jul
17

Lyons Industrial Properties Announces Leases

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Lyons Industrial Properties100,000 SF warehouse lease renewal to Suminoe Textiles of America at 630 Edgefield Road in Cowpens, SC.

17,000 SF new warehouse lease to Suminoe Textiles of America at 297 Lemuel Road, Gaffney, SC

43,000 SF warehouse lease to Jetline Promo located at 124 North Charleston Street in Blacksburg, SC. This will serve as an off-site warehouse for their growing Gaffney operation.

Categories : Gaffney, Spartanburg
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Mar
25

Reger Adds Three Buildings to SC Industrial Portfolio

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sold signsColliers International’s Chuck Salley, SIOR, Dave Mathews, SIOR and Sam Myers represented the buyer, Reger Holdings LLC., in the sale of three properties totaling $10.4 million: 805 Victory Trail Road, a 208,800 square foot industrial facility located in Gaffney, SC; 227 Browntown Road, a 117,260 square foot industrial property located in Bishopville, SC; and 1400 Atlas Road in Columbia, SC, a 35 acre industrial complex consisting of 7 buildings with a total size of 230,000 square feet.

Reger Holdings is a real estate investment company with extensive experience in developing value-added projects, reinvigorating properties and projects that have fallen behind the demands and needs of the current market. Reger Holdings’ portfolio contains 3,800,000 square feet consisting of 29 buildings across 13 counties in the state of South Carolina.

Reger Holdings, with the help of its brokerage team at Colliers International South Carolina, has leased approximately 1.4 million square feet of industrial space to 27 different companies that employ more than 650 workers.

Categories : Columbia, Gaffney
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Jun
24

Upstate SC a Leader for Foreign Direct Investment

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Today, the Brookings Institution released a first-ever metro-level analysis of foreign direct investment’s role in the Upstate’s regional economy as part of its Global Cities Initiative, a joint project of the Brookings Institution and JPMorgan Chase. The report analyzes the types of foreign-owned businesses located in the area, outlines the region’s sources of foreign investment and demonstrates the number of jobs supported locally by foreign direct investment (FDI).

The report finds that among the largest 100 metropolitan areas, Greenville ranks 23rd for share of jobs in foreign-owned enterprises (FOEs) at 6.1 percent.

The report also finds that among all 366 metropolitan areas:

  • Spartanburg ranks 3rd for share of jobs in FOEs, at 18.0 percent (behind Columbus, IN and Kokomo, IN)
  • Anderson ranks 7th for share of jobs in FOEs, at 13.4 percent
  • Greenville ranks 67th for share of jobs in FOEs, at 6.1 percent

Among the country’s 616 micropolitan areas:

  • Gaffney ranks 11th for share of jobs in FOEs, at 23.6 percent
  • Greenwood ranks 22nd for share of jobs in FOEs, at 14.5 percent
  • Seneca ranks 38th for share of jobs in FOEs, at 11.7 percent
  • Union ranks 90th for share of jobs in FOEs, at 7.5 percent

READ MORE HERE

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Oct
26

Jetline Leases 150,000-Square-Foot Warehouse In Gaffney, SC

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Jetline has leased a 150,000-square-foot warehouse from Forsite Development in Gaffney, SC. Jetline is moving to the new property, located at 202 Hyatt St., from its old base in Mt. Vernon, N.Y. As part of the move, the company will add 247 jobs and invest $3.5 million in the facility.

Categories : Gaffney
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Oct
18

New Retail Developments Coming to Gaffney, SC

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– Spartanburg Herald Journal

Tractor Supply will invest $1.2 million to locate in Cherokee Plaza, with several cosmetic changes and renovations also expected in the strip mall at the corner of Gettys Drive. The Goodwill Store will move and offer a first for the area with Job Connection, an assistance program for people seeking employment.

A couple of blocks away, Aldi will build a supermarket on the former Mall Gaffney property located in the triangle of West Floyd Baker Boulevard and Ellis Ferry Avenue. Aldi’s building is designed to cover 85,000 square feet and cost $900,000, according to the plans.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.goupstate.com/article/20091017/ARTICLES/910171014/1083/ARTICLES?Title=Businesses-planning-to-grow-move-in-Gaffney

Categories : Gaffney
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May
14

Holiday Inn Express in Gaffney Sells for $49,180 per Room

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Tilbros Purchases Holiday Inn Express

Tilbros, Inc. has acquired a 61-room, 25,180-square-foot Holiday Inn Express located in Gaffney, from P.M.P. LLC, for $3 million. The three-story hotel’s amenities include a pool, a business center, a fitness center and meeting space. Anthony Falor of Atlanta-based Hodges Ward Elliott was the sole broker in the sales transaction and exclusively represented the seller. The property will be repositioned as a Sleep Inn.

LINK TO ARTICLE HERE:
http://www.rebusinessonline.com/news_southeast.shtml

Categories : Gaffney
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