Archive for Greer

Jul
01

NAI Earle Furman Closes Three Sale Transactions

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Transaction News from NAI Earle Furman

Piedmont, South Carolina (June 2011): Dave Reeves of NAI Earle Furman, LLC represented Delwood LLC a Division of Gibbs International, Inc. in the sale of the Estes Plant, a 336,500 SF former textile manufacturing facility, to GRTS, LLC. GRTS, LLC will manufacture specialty radiators for the auto industry at this location.

Greer, South Carolina (June 2011): Glenn Batson of NAI Earle Furman, LLC represented the buyer in the purchase of a 35,000 SF industrial building at 1075 Victor Hill Road in Greer.

Greenville, South Carolina (June 2011): Earle Furman, SIOR, Jon Good, SIOR and Alexi Papapieris of NAI Earle Furman, LLC represented Burgess Four Properties in selling a 55,000 SF industrial building at 615 Worley Road in Greenville.

Categories : Greenville, Greer
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Mar
23

Greer Apartment Complex Sold

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Santa Monica, Calif.-based Columbus Pacific Properties has acquired a distressed apartment community in Greer for $11.1 million. West Chase Apartment Homes was built in 2000. The Class A community contains 192 garden-style units on 14.23 acres. Amenities include a resort-style swimming pool, a playground, picnic areas, a fitness center, a dog park and a car care center.

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Mike McGaughy and Jon Kleinberg of Transwestern represented Columbus Pacific as well as the seller, Greystar Management Services, which was acting as receiver for the property. Walker & Dunlop and George Smith Partners arranged acquisition financing, consisting of a permanent loan with a 65 percent loan-to-value ratio, on behalf of Columbus Pacific.

Categories : Greenville, Greer
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Jan
07

BMW Sales Jump Points to Positive Outlook for Greenville-Spartanburg Region

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– Greenville News

BMWs built by Upstate workers roared out of U.S. showrooms in December, and as the automaker sees accelerating demand, economists say it could signal the start of a broader recovery for the region’s economy.

BMW’s U.S. sales jumped 9.2 percent to 23,617 vehicles in December, up from 21,626 a year ago, the company reported Tuesday.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.greenvilleonline.com/article/20100106/BUSINESS/1060331/1003/BUSINESS/BMW-sales-jump-points-to-positive-outlook-for-region
Categories : Greenville, Greer
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Jan
07

Proposals for Greer‘s Allen Bennett Hospital Remain At Two

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– Greenville News

At the end of the day, Greer has two viable health-care-related proposals for use of the former seven-acre Allen Bennett Memorial Hospital campus on Wade Hampton Boulevard, according to Mayor Pro Tem Wryley Bettis.

“We would like to see something in there immediately,” Bettis said.
But he said that financing is difficult in this economy, so immediate development may not work. However, a financing plan with a timeline would be required.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.greenvilleonline.com/article/20100107/NEWS/1070312/1004/NEWS01/Proposals-for-Greer-hospital-remain-at-two
Categories : Greer
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Nov
16

Two Redevelopment Proposals Submitted For Old Greer Hospital Site

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– Greenville News

Greer has received two proposals — both of them health-care-related — for reuse of the seven-acre former Allen Bennett Memorial Hospital campus on Wade Hampton Boulevard, according to city officials.

“Obviously the building is set up probably where they could hit the ground running, which is a good thing,” said Wryley Bettis, chairman of the Greer Development Corp. board. He hasn’t seen the proposals and expects a city steering committee to meet soon to go over them.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.greenvilleonline.com/article/20091115/NEWS/911150319/1004/NEWS01/Two-proposals-submitted-for-old-Greer-hospital-site
Categories : Greer
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Oct
26

Greer Development Corp. Pleased With Interest in Old Greer Hospital

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– Greenville News

Parties are expressing interest in buying the former Allen Bennett Memorial Hospital Campus, soon to belong to the city as a gift, but city officials are mum on who.

The city’s consultant, InSite Consulting, held pre-bid conferences and a walk-through of the seven-acre campus on Wade Hampton Boulevard that Greenville Hospital System is donating to the city.

Reno Deaton, executive director of the Greer Development Corp., said, “We did have a couple of groups for the walk-through. Personally, I am encouraged by what appears to be a level of interest in the property.”

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:
http://www.greenvilleonline.com/article/20091024/NEWS/910240313/1004/NEWS01/Old-Greer-hospital-draws-potential-buyers

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Dec
02

BMW Plant Expansion on Schedule

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Projects expected to come online in 2010 despite weak auto sales now

– Greenville News

Despite turmoil in the auto industry, BMW Manufacturing Co. is on schedule with its $750 million expansion.

Two projects — the paint shop expansion and a new assembly building — are meeting schedules and budgets, said company spokesman Bobby Hitt. Work is to be completed by 2010, assuming current economic conditions don’t force changes, he said.

“Everyone’s watching the economy,” Hitt said.

The expansion will allow the Greer plant to produce 240,000 vehicles annually.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.greenvilleonline.com/article/20081202/NEWS01/812020330/1001/NEWS01

Categories : Greer
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Sep
09

Greer Plans for Population Explosion

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Reported crimes, fire service calls rise with growth

September 9, 2008

By Nan Lundeen – Greenville News

Look for Greer’s population to double in size by 2020, assistant city administrator Mike Sell said.

Sell said the city population could tip into the 40,000 range within a dozen years based on the current growth rate.

He took the city’s pulse in a “State of the City” report he prepared as part of a comprehensive planning process involving citywide committees expected to be finished by spring.

“Plans should be flexible, and you should know that as quick as you make one you’re likely to need to change it in fairly short order,” said Dr. Andy Felts, director of the Riley Center for Urban Affairs and Policy Studies, College of Charleston. “It’s a living document that needs revisiting at least once every year if not more.”

In the two decades from 1970 to 1990, Greer’s population stayed fairly constant in the 10,000s. It leaped to 16,843 in 2000 and is expected to top 25,000 by 2010 on its way to the 40,000 mark.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.greenvilleonline.com/apps/pbcs.dll/article?AID=/20080909/GGN/809090307/1001/NEWS
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Aug
18

Greer Commercial Project Could Create 2,000 Jobs

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August 17, 2008

By Nan Lundeen – Greenville News

Developers of a venture slated to be larger than Haywood Mall and targeted for Interstate 85 and State 14 remain committed to the project, according to their spokesman Matthew Van Patton.

“All indications show us moving forward,” Van Patton wrote in an e-mail.

The $295 million project on more than 200 acres touted by some to create 2,000 jobs and $400 million in annual sales at the southeast corner of I-85 and 14 has cleared several hurdles.

Among them are approvals by regulatory agencies, annexations into Greer and a decision by the state Supreme Court upholding a law giving tax breaks to “extraordinary retailers.”

The law was passed to lure retailers, such as Bass Pro Shops, that pull in tourists, legislators have said.

Wryley Bettis, chairman of the Greer Development Corporation board, said, “The last I heard, it’s a go. It’s just moving at a snail’s pace.”

Van Patton said, “We consider things to be right on schedule.” He said earlier he expected the first phase to be completed in 2009.

Anchors haven’t been announced.

Larry Whiteley, a Bass Pro spokesman said the company, “Won’t talk about any speculation or anything like that until they’re ready to announce.” He said he didn’t know whether the Greer site was being considered.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:
http://www.greenvilleonline.com/apps/pbcs.dll/article?AID=/20080817/NEWS01/808170325/1001/ARCHIVE

Categories : Greer
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Aug
12

Business Park Plan Could Bring Jobs to Greer

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Annexations on City Council agenda

August 12, 2008
By Nan Lundeen – Greenville News

New jobs could be on the horizon for Greer if private developers succeed with a proposed international business park of at least 236 acres across from the BMW Performance Center off State 101, officials say.

Reno Deaton, executive director of Greer Development Corporation, said the park could generate up to 1 million square feet of space.

He said he couldn’t discuss prospects, nor could he estimate the number of jobs that might be created at the park.

Wryley Bettis, Greer Development Corporation board chairman and mayor pro tem, said, “It’s another good opportunity to attract jobs and investment.”

Business is looking more toward a global economy these days, according to Dr. Kailash Khandke, professor of economics at Furman University.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:
http://www.greenvilleonline.com/apps/pbcs.dll/article?AID=/20080812/NEWS01/808120347/1001/NEWS

Categories : Greer
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Jul
24

Gated Community Planned Near BMW, Greer

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July 24, 2008

By Angelia Davis – Greenville News

All of the streets in the new Ellington Park subdivision bear the name of jazz greats.

But the only thing the community will have in common with those legendary jazz performers is the use of its natural gifts.

Developer Eric Hedrick said the community will seek to preserve its trees and ambiance at its site at South Bennetts Bridge and Thompson roads, near Greer.

It will be a gated community with 32 homesites, ranging in size from 0.57 acre to 0.81 acre, Hedrick said.

The lots, costing from the $70,000-range, all are on cul-de-sacs. Some are suited for basements and more than half are wooded.

Sheila Young, a realtor with Re/Max Foothills Downtown at the Hyatt, said homebuyers also have the option of signing up to use amenities in the neighboring Laurel Lake community. Laurel Lake has a swimming pool, tennis courts, and a clubhouse.

Homes in Ellington Park will likely be priced from $500,000 and up, Hedrick said.

She said the community’s proximity to Eastside schools, the airport, major intersections, Woodruff Road, and companies such as BMW make it an ideal place to settle.

LINK TO ARTICLE HERE:
http://www.greenvilleonline.com/apps/pbcs.dll/article?AID=/20080724/BUSINESS/807240308/1001/NEWS01

Categories : Greer
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Jul
21

New Subdivision Planned In Greer

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Homes to cost $300,000 to $400,000

July 21, 2008

By Lorando D. Lockhart – Greenville News

Land that was in the Watkins family for generations will become a community of 16 upscale homes, according to developer David Norton.

Norton Co. LLC bought the property with its century-old oak and maple trees in 2007.

The Watkins Farm subdivision is about 21/2 miles from Woodruff Road’s Five Forks and is near BMW and Greenville-Spartanburg International Airport.

Lot prices will start in the $80,000 range. Homes will range from $300,000 to $400,000 and from 2,962 to 4,423 square feet.

The Arts and Crafts-style homes, which builder Michael Johns said is a more practical version of Victorian-style homes, will feature plenty of stonework. Exteriors will be painted in earth tones.

“It’s a very warm and inviting home,” Johns said.

Norton said the entrances will be made of local creek stones. He said the subdivision will be served by Spartanburg’s District 5 schools.

LINK TO ARTICLE HERE:
http://www.greenvilleonline.com/apps/pbcs.dll/article?AID=/20080721/NEWS01/807210318/1001/NEWS

Categories : Greer
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Jul
18

Greer Board Discusses Proposed Assisted Living Facility

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July 17, 2008

By Lorando D. Lockhart – Greenville News

Local Developer Skip Snedigar, of Brushy Creek Partners, LLC, said he wants to build Brushy Creek Assisted Living on close to 10 acres in Greer to house 72 residents.

Snedigar said five of those acres would be used for the assisted living facility at 3337 Brushy Creek Road

“It will be designed to be expanded to 96 (residents,) Snedigar said. “In addition to that, we have two two-acre tracts at the entrance to the project, that we intend to sell (as) parcels.”

He said the 14 parcels would be sold for professional office space or medical-related retail.

Those will be on the market immediately, he said.

The developer said the project would cost about $4 million.

The next step, Snedigar said, is to wait for another ARC hearing that would allow him to move forward with some rough grading. He said he paid the fee to have the project placed on the docket for the Aug. 7 ARC meeting.

ARTICLE SHORTENED DUE TO LENGTH…..

LINK TO ARTICLE HERE:

http://www.greenvilleonline.com/apps/pbcs.dll/article?AID=/20080717/GGN/80717018/1004/NEWS01
Categories : Greer
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Jul
05

Greer Residential Construction Slows

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July 4, 2008

By Lark Reynolds – Greater Greer News

New housing starts in the city of Greer fell from 35 in April to only five in May, the lowest number in the previous 12 months.

Phil Rhoads, the city’s director of building and development standards, said builders in several new developments have slowed their pace of constructing new homes.

He said several factors have contributed to an overstock of residential units on the market, and once that is depleted some, starts should pick up.

“I don’t think there’s been a real big slowdown in house buying,” Rhoads said. “Once that stock is depleted, then the housing market’s going to pick back up.”

The slow national housing market and rising number of foreclosures in recent months has increased the number of existing homes on the market, added to the fact that new residential construction had been busier than normal in the Upstate in recent years.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.greenvilleonline.com/apps/pbcs.dll/article?AID=/20080704/GGN/807040301/1001/NEWS
Categories : Greer
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May
20

What Will Be Built Across From the BMW Plant?

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Development proposed near BMW plant

May 20, 2008

By Nan Lundeen – Greater Greer News

A deal is pending that would place a commercial development fronting South State 101 at Caliber Ridge Industrial Park across from BMW Manufacturing Corp., but city officials aren’t saying what it may be.

The City Council approved first reading May 13 on a request by JLN Investors Inc. to rezone nearly 8 acres at 1456 and 1501 S. State 101 to C-3, highway commercial.

Glenn Pace, the city’s planning and zoning coordinator, said, “There is a current contract on the property. It’s a situation where we can’t say what may or may not happen on that site.”

City Administrator Ed Driggers said Reno Deaton, executive director of the Greer Development Corp., is handling the matter.

Deaton was out of his office and couldn’t immediately be reached for comment.

The property lies within a Highway 101 overlay district that requires more than the usual setbacks and buffers, and within Caliber Ridge, which has its own covenants and restrictions, Pace said.

It’s zoned industrial.

“We feel very comfortable with the covenants and restrictions that are in place no matter what is placed there,” Pace said.

LINK TO ENTIRE ARTICLE HERE:
http://www.greenvilleonline.com/apps/pbcs.dll/article?AID=/20080520/GGN/805200317/1001/NEWS
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