Greenville, SC – A Colliers International team of industrial specialists consisting of Chuck Salley, SIOR, Dave Mathews, SIOR, Givens Stewart, SIOR, Sam Myers, Garrett Scott and Brockton Hall completed the sale of 2651 New Cut Road in Spartanburg, SC. Colliers represented the seller, Faurecia Emissions Control Technologies, LLC, and the purchaser, Reger Holdings, LLC.
Faurecia is a major player in the global automotive industry, renowned for the manufacturing of automotive seating, interior systems, automotive exteriors and emissions control technologies. In Spartanburg, Faurecia is an important supplier for BMW, although the company works with a number of major automakers globally. Colliers International is the global real estate services provider to Faurecia which has 238 production facilities and 38 research/development centers in 33 countries.
2651 New Cut Road, a 133,240 square-foot industrial property, will be added to Reger Holdings’ Carolina Industrial Properties portfolio. Colliers has been assigned the leasing and management for the property.
Reger Holdings is a real estate investment company with extensive experience in developing value-added projects, reinvigorating properties and projects that have fallen behind the demands and needs of the current market. Reger Holdings’ portfolio contains over 4 million square feet consisting of 30 buildings across 13 counties in the state of South Carolina.
Reger Holdings, with the help of its brokerage team at Colliers International South Carolina, has leased approximately 2 million square feet of industrial space to 32 different companies that employ more than 650 workers. More information on the Reger Portfolio and available properties may be found at www.carolinaindustrialproperties.com.
The Colliers industrial team is one of the leading industrial teams in the Southeast, specializing in the leasing and sale of warehouse and industrial facilities.