May
13

Pacolet Milliken Selling 2,900 Acres for Industrial Use

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Pacolet Milliken Enterprises, Ipacolet logonc. said it is preparing to sell approximately 2,900 acres in Spartanburg and Laurens counties with the potential for 12 million square feet of industrial development.

Contained in five major tracts, it would represent one of the largest industrial real estate offerings in the Upstate in recent years. It wasn’t known Thursday if any specific industrial projects are planned on the land.

John Montgomery, Pacolet Milliken’s vice president of real estate, said the properties could be used for distribution centers or manufacturing facilities.

Spartanburg-based Pacolet Milliken said it has retained Colliers International for brokerage services.

Pacolet Milliken officials said the property is coming onto the market at a prime time as the Upstate becomes increasingly desirable for major manufacturing and distribution development. Driving the demand is the region’s location between Atlanta and Charlotte, along with access to major highways, airports and railways, the officials said.

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Categories : Laurens, Spartanburg

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