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Charleston Office
25 Calhoun Street
Suite 220
P.O. Box 610 (29402)
Charleston, SC 29401
USA (Map)
Tel: +1 843 723 1202

Columbia Office
1301 Gervais Street
Suite 600
Columbia, SC 29201
USA (Map)
Tel: +1 803 254 2300

Greenville Office
55 E. Camperdown Way
Suite 200
Greenville, SC 29601
USA (Map)
Tel: +1 864 297 4950

Colliers International brokers sale of former Faurecia manufacturing facility in Spartanburg, SC for $3.5 million

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.

ABOUT COLLIERS INTERNATIONAL

Colliers International South Carolina has over 150 staff members, including 64 real estate professionals. Total brokerage volume for the firm in 2017 exceeded $680 million involving over 900 sales and leasing transactions. Colliers International is the largest manager of commercial property in South Carolina and is an Accredited Management Organization (AMO) through the Institute of Real Estate Management (IREM), with a portfolio at year-end 2017 of approximately 14 million square feet of office, industrial, retail and healthcare properties. Colliers International’s staff holds 53 professional designations, the most of any firm in South Carolina.

Colliers International Group Inc. (NASDAQ and TSX: CIGI) is an industry leading global real estate services company with 15,000 skilled professionals operating in 68 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that helps clients accelerate their success. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 12 consecutive years, more than any other real estate services firm. Colliers also has been ranked the top property manager in the world by Commercial Property Executive for two years in a row.

For the latest news from Colliers, visit Colliers.com or follow us on Twitter (@Colliers) and LinkedIn.

TAGS: Industrial

Media Contact

Liz McCary
Vice President of Marketing | South Carolina
Direct: +1 803 401 4269
liz.mccary@colliers.com






South Carolina