Jul
09

Beacon Partners to Build Spec Building in York County

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Beacon PartnersCharlotte developer Beacon Partners — which already has an extensive presence in York County — plans on adding a new speculative building to its portfolio in Fort Mill.

The Charlotte Business Journal reports the real estate firm plans to build a 50,400 square-foot speculative, or ready-to-suit, building on eight acres adjacent to the Shutterfly, Inc. facility near Interstate 77 and S.C. 160.

This is Beacon’s second speculative site in York County. In 2014, Beacon built a speculative building in the Riverwalk Business Park nearly five times the size of the planned Fort Mill building at 277,000 square feet.

Beacon has already leased a portion of the Rock Hill property to logistics firm Exel Holdings.

Speculative buildings are popular among developers and are built as ‘shell’ buildings designed to fit a buyer’s needs quickly.

Categories : Rock Hill

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