Indiana-based Samtec, a privately held manufacturer of a broad line of electronic connectors, has signed a lease for 5,000 square feet of office space in downtown Columbia.
The company’s new location will be at 1907 Thurmond Mall. CBRE’s Aaron Dupree represented Samtec and CBRE’s Martin Moore represented the landlord, Asbill-Christopher LLC, in the transaction.
“This location is a new office for Samtec, which wanted to capitalize on the existing industry talent that resides in Columbia,” Dupree said in a press release. “A core employee group has already been recruited and employed and the company is excited about future growth.”
According to the 2017 CBRE’s Southeast Outlook Report, the presence of the University of South Carolina will help attract companies like Samtec looking for a young highly educated workforce.
“Samtec is excited to be in the Columbia area. We see an opportunity to utilize university talents to grow the site across all engineering disciplines,” said Samtec’s Matt Hendrick.
Founded in 1976, Samtec is a privately held, $661 million global manufacturer of a broad line of electronic interconnect solutions, including IC-to-Board and IC Packaging, High Speed Board-to-Board, High Speed Cables, Mid-Board and Panel Optics, Flexible Stacking, and Micro/Rugged components and cables, according to a release.
Headquartered in New Albany, Ind., Samtec has 33 locations in 18 countries.
The office building, located near the intersection of Elmwood Avenue and Huger Street, was originally listed for sale, Moore said. “However, with Samtec’s strong reputation and long-term commitment to the community, the landlord was flexible to the opportunity,” he said.
“When marketing 1907 Thurmond Mall Boulevard, we knew we would focus on industries looking for easy access to the interstates, which is attractive to the established workforce who lives in the suburbs, but who would also want to position themselves to better recruit the talent who desires to be downtown.” Moore added.