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Unum Group leases space at Midway Logistics IV

Staff Report //October 9, 2019//

Unum Group leases space at Midway Logistics IV

Staff Report //October 9, 2019//

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Unum Group, parent company of Columbia-headquartered supplemental insurance company Colonial Life, has leased 50,000 square feet of warehouse space at Midway Logistics IV.

Midway Logistics IV is the newest speculative building in the Lexington County Industrial Park in West Columbia and adjacent to Midway Logistics III, a 200,000 square foot building developed by Magnus Development Partners and currently leased to Garden State Lumber and Scholastic Book Fairs.

Unum, a provider of group and individual disability benefits, voluntary workplace benefits and a growing dental and vision carrier, is expected to occupy the space by February 2020.

“Magnus Development Partners is excited to welcome Unum Group as our first tenant in the speculative industrial building,” Bill Owen, Magnus Development partner, said in a news release. “We continue to see demand for our Class A building within the park and expect to lease the remaining 150,000 square feet in 2020.”

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