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Magnus Development to break ground on 321 Logistics with 68,040 square feet pre-leased


Colliers facilitated the lease for CED Greentech at Magnus Developmentā€™s newest industrial development in Lexington County Industrial Park.

Columbia, SC – Magnus Development is breaking ground on their newest industrial development, 321 Logistics, in Lexington County Industrial Park in West Columbia, SC. The project is named accordingly for its strategic location along Highway 321 which is less than one mile from the intersection of I-77 and I-26.

Chuck Salley, SIOR, Dave Mathews, SIOR, Thomas Beard and John Peebles of Colliers’ industrial brokerage team in Columbia represented Magnus Development and CED Greentech in a 68,040-square-foot pre-construction lease and will continue to handle the leasing and marketing efforts for the remaining space at the property.

“CED Greentech brings the newest tilt-wall, Class A building in the Columbia industrial market to approximately 38% pre-leased, demonstrating the need for additional availability in this product class,” said Salley, Vice President and Director of Industrial Brokerage Team for Colliers. “The delivery of 321 Logistics is expected to be received well by the market due to high demand and limited supply and the speculative buildings that Magnus has developed do not stay available for long.”

113,400 square feet remains available for lease at 321 Logistics. The 181,440-square-foot state-of-the-art facility will feature a 30-foot minimum clear height, expandable dock doors and ample trailer drops to meet tenant needs. The ESFR fire suppression system will allow tenants to maximize the cubic feet of storage space, and the motion sensor LED light fixtures provide daylight brightness in the warehouse with utility savings for the tenant. Magnus anticipates that the building will be available for occupancy by the end of 2021.

“Today’s industrial vacancy rate in central South Carolina is nearing historic lows and it is becoming more difficult to find well-located, flexible industrial buildings such as the 321 Logistics building,” said Kevin Werner, Partner with Magnus Development. “The Lexington County Industrial Park has proven to be a location that continues to meet this demand with quality industrial buildings. The right product, coupled with proactive economic development agencies, helps ensure we will deliver investments and jobs for the region.”

Magnus Development is a privately held, South Carolina-based real estate developer focused on delivering single tenant build-to-suits, spec industrial buildings and corporate advisory services throughout the Southeastern United States. With over 50 years’ experience in commercial real estate, Magnus founders have developed properties for some of the nation’s most recognizable companies, including Home Depot, Iron Mountain, Starbucks, Domino’s Service Centers, Tractor Supply, Husqvarna and others.

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

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Chuck Salley

Managing Director


I have experience in all aspects of industrial brokerage including: leasing, sales, build-to-suit, site acquisition, investment sales and consulting. I have been with Colliers since 1981 and have completed over 1,500 transactions in my career. I am an expert in the industrial market and am proud to have represented many national and international companies with their real estate needs in the greater Columbia market. I have also provided valuable consulting work, site acquisition and leasing services for many national developers including: Magnus Development Partners, Scannell Properties, Collett Industrial, Panatonni Development, Red Rock Development, Kirco and Miller Valentine Group.

I am inspired by the drive of my clients and customers to grow their businesses, create jobs and invest in our community. I enjoy the thrill of taking on the challenge to find real estate solutions for them to help them progress their business goals.  My experience in Columbia gives me a solid platform to deliver solutions that enable these companies to grow.

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Dave Mathews

Vice President


As part of the Colliers platform of services, I serve both tenants and landlords with their respective industrial  needs. I assist tenants with comprehensive site selection, acquisitions and dispositions and lease negotiations. In addition, I offer similar services to institutional landlords, which include strategic planning, detailed reporting and market analysis, marketing and lease/sale negotiations. I work with an integral team and find that our teamwork is one of our biggest advantages in completing deals for our clients that exceed their expectations.

Working in industrial brokerage, I have the opportunity to see the vast progress of companies and help to play a part in a client’s business development. I find that, for me, success is finding the best possible outcome for a client within their constraints and knowing that I have brought significant value to their growth.

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Thomas Beard

Vice President


I specialize in leasing, user sales and investment sales of industrial properties.

Since a young age, I have had a profound interest in and exposure to commercial real estate. I have long found industrial brokerage to be intriguing because it serves as the foundation of many different types of businesses and processes. It is very rewarding to have the opportunity to play a role in the goals and progress of each of our clients as a trusted industrial services advisor.

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John Peebles

Senior Brokerage Associate


I am a Senior Brokerage Associate in our Columbia office working with the industrial brokerage team of Chuck Salley, SIOR, Dave Mathews, SIOR and Thomas Beard, SIOR. I focus on and specialize in leasing, sales, build-to-suit projects, site acquisition and investment sales for investors, developers and tenants looking in central South Carolina. 

Industrial brokerage offers a runway for creative thinking and problem solving for clients’ and customers’ needs. At the conclusion of a deal, we have not only assisted our clients in achieving their goals, but also assisted companies in maximizing their productivity and profitability in the same breath. In doing so, we get to play a role in growing businesses in our community and stimulating the local and regional economy. This is a reward that few other careers can offer.

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