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Real Estate - Commercial

Columbia developer bringing 1st speculative property to Sandy Run

Real Estate - Commercial
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Columbia-headquartered held real estate development and investment company Red Rock Developments is bringing Sandy Run Industrial Park’s first speculative distribution facility to market.

Site work has begun for a 497,952-square-foot building along Interstate 26 in Calhoun County, according to a news release from Colliers, which is handling leasing and marketing for the property. The building, expandable to 663,836 square feet, will be equipped with cross-dock distribution operation and 36-inch clear heights. It is scheduled to be ready for occupants in the second quarter of 2023.

The Class A building, of Exit 119, is located near Amazon’s distribution center, Nephron Pharmaceuticals Corp., the UPS air hub and Columbia Metropolitan Airport.

“The park’s proximity to the Port of Charleston, Volvo’s manufacturing facility in the Lowcountry and BMW in the Upstate, coupled with the excellent highway system of the Midlands, makes this a great option for companies looking to locate in a Class A industrial park within a great labor shed of South Carolina,” Red Rock Developments CEO Bill Smith said in the release. “We look forward to making Sandy Run Industrial Park one of the preeminent Class A industrial parks in South Carolina.”

Sandy Run is a 760-acre industrial park with access to all utilities. Privately held Red Rock, the exclusive developer for speculative and built-to-suit buildings, plans to complete more than 5.9 million square feet of Class A industrial space in the park.

“It is truly a new and exciting time for Calhoun County. We are grateful that a major developer like Red Rock Developments would see the opportunity and potential to invest in the Sandy Run Industrial Park and now to take it a step further with the construction of a major market speculative building,” John McLauchlin, Calhoun County Administrator and Economic Development Director, said. “With the county’s pro-business attitude, the recent development of the Sandy Run Industrial Park coupled with our low tax base and utility rates, we feel like we are now positioned for major economic growth.”

Colliers’ Chuck Salley, Dave Matthews, Thomas Beard and John Peebles are leasing and marketing the building.

“We are extremely excited to announce construction on the first building at Sandy Run Industrial Park,” said Salley, managing director for industrial services in Colliers’ Columbia office. “We are even more excited to partner with an experienced and best-in-class industrial developer like Red Rock Developments. Red Rock’s desire to be community-minded and its ability to be creative on transactions will serve as catalysts in the success of this project.”

Red Rock Developments, which has a regional office in Charlotte, has developed more than 30 million square feet of Class A industrial and office space nationwide.

Reach Melinda Waldrop at 803-726-7542.

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