Greenville, SC - Colliers International’s Givens Stewart, SIOR, Garrett Scott and Brockton Hall represented the tenant, Global Automotive Partners, in the lease renewal of 202,000 square feet of industrial space at 15 Tyger River Drive in Duncan, SC. The building, owned by Exeter Property Group, sits in Hillside Industrial Park and is located in the SC-290 submarket.
The SC-290 submarket, which already has one of the highest concentrations of Tier 1 automotive suppliers in the market, has benefited from BMW’s recent $1 billion investment in the area. Just one exit from BMW, the SC-290 submarket continues to be an attractive location for manufacturing and third party logistic providers such as Global Automotive Partners. It is also an attractive submarket for logistics companies and is home to distribution centers for Benore Logistics, Sunland Logistics, Kenco Group, PL Developments and Dare Foods. Lease renewals like Global Automotive Partners prove the strength and desirability of submarkets like SC-290, as well as the pressure from other suppliers who are moving into the area.
Stewart, Scott and Hall all specialize in industrial brokerage.