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Charleston Office
25 Calhoun Street
Suite 220
P.O. Box 610 (29402)
Charleston, SC 29401
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Columbia, SC 29201
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Greenville, SC 29601
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Colliers International brokers sale of 110,000-square-foot industrial property in Columbia, South Carolina

Columbia, SC – Colliers International | South Carolina brokered the sale of a 110,000-square-foot industrial property on approximately 5.87 acres located at 1440 Atlas Road in Columbia, SC, to Hengshi USA Wind Power Materials Corporation. Colliers’ Midlands industrial team of Chuck Salley, SIOR, Dave Mathews, SIOR and Thomas Beard represented the seller, Reger Holdings, in the transaction, which is valued at $3,550,000.

“Columbia continues to benefit from a growing trend of Asian manufacturing companies moving to the U.S.,” said Chuck Salley, a vice president and director of the industrial brokerage team with Colliers | South Carolina. “In the past, these companies could take years to make a decision, but now they are more focused on ‘speed to market’, which is significantly shortening the timeline for these projects and creating a demand for existing buildings that can be repurposed quicker than new construction.”

Reger Holdings, LLC (www.regerholdings.com) is headquartered in western New York and focuses on commercial and industrial value add real estate investments and quality residential and mixed-use development. The company and affiliates currently own approximately 7 million square feet of industrial and commercial space. Reger Holdings and affiliates have also developed several residential and mixed-use projects throughout the country including significant mixed-use developments in the Boston market and currently ongoing luxury residential condominium developments under construction and in pre-development phases in Maine.

Salley, Mathews and Beard are the leading industrial brokerage team in central South Carolina, specializing in leasing, user sales and investment sales of industrial properties. Their multi-faceted platform gives them a unique insight into market conditions for all types of industrial properties.

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