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Dollar General leases Mapletree Investments facility in Spartanburg County for distribution expansion

Header image for 1375 Howell Rd Press Release

Greenville-Spartanburg, SC- Mapletree Investments has leased ±307,778 square feet of industrial space at 1375 Howell Road in Duncan, SC to major retailer Dollar General for an expansion of their distribution footprint near the Inland Port in Greer. Located just off the Highway 290 corridor, the building is configured for distribution with cross-dock orientation and a ±3,600-square-foot shipping and receiving office which allowed Dollar General to take occupancy and begin operations immediately at the new facility. 

The owner and landlord of the building, Singapore-based Mapletree Investments, was represented in the transaction by the Colliers industrial team of Garrett Scott, John Montgomery and Brockton Hall.

The expansion at 1375 Howell Road will enhance Dollar General’s existing supply chain and distribution network with easy access to the Inland Port in Greer via Highway 290, allowing them to better serve their growing consumer base throughout the Greenville-Spartanburg market. 

“Demand for move-in ready industrial is higher than ever in the Upstate of South Carolina right now,” said Mapletree Investments Asset Manager Scott Silver. “This dynamic, combined with the Howell Road building’s size, orientation and proximity to I-85 and the Inland Port in Greer, translated into a tremendous amount of interest as soon as the availability rolled out to the market. By partnering with the Colliers team we were able to secure a mutually beneficial lease for all parties in a very short period of time and are pleased to welcome Dollar General as the newest tenant in our portfolio.”

The Greenville-Spartanburg industrial market has absorbed a large percentage of existing space, with an estimated ±7 million square feet absorbed from January to August. This demand is spurring new development across the Upstate region and shorter vacancy timeframes for existing buildings including the property at 1375 Howell Road.

Colliers experts John Montgomery, Garrett Scott and Brockton Hall make up one of the top industrial development and leasing teams in South Carolina. The team is currently working with regional and international investment companies and developers to ensure facilities are available to meet the needs of economically beneficial projects interested in the upstate region.

 

Related Experts

Garrett Scott

Managing Director

Spartanburg

With more than 30 years’ experience in brokerage and industrial development in the Upstate of South Carolina and beyond, I offer expert advice and a unique perspective which gives my clients the edge in a competitive market. 

My experience includes the planning, acquisition and implementation of more than 31 industrial parks in key manufacturing and distribution markets. In addition, I have been responsible for the development of more than 38 million square feet of industrial space including Class A manufacturing, automotive supply, warehouse, logistics fulfillment and e-commerce related facilities. 

More than 140 clients have relied on me to manage the start-up and implementation of their facilities. This background brings invaluable experience and understanding which allows me to meet the needs of tenants, developers and investors “from dock-door to C-suite”.

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John Montgomery

Managing Director

Spartanburg

I am a Managing Director of Colliers | South Carolina in the Spartanburg office, specializing in industrial buildings, industrial land and tenant representation. 

My experience includes master-planning and developing thousands of acres of real estate as well as attracting significant economic development projects worth billions of dollars and thousands of jobs including Toray Carbon Fibers, Ritrama, Kobelco, Keurig Dr. Pepper, Magna Seating and Techtronics Industries.

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Brockton Hall

Vice President

Greenville

Brockton Hall is a Vice President with Colliers International in the Greenville and Spartanburg offices. He is a member of the Upstate industrial team along with long-time real estate professionals, Garrett Scott and John Montgomery. This team specializes in the needs of industrial landlords and occupiers throughout the Southeast. 

Hall comes from a commercial construction background with years of experience in the commercial sector working on projects including K-12, office and institutional. He also has significant renovation and retrofitting experience. His construction background allows him to assist occupiers with their building specifications and advise them during the build-to-suit and new construction process. For developers and investors, he is well-equipped to advise on construction-related issues involved in tenant upfits, value-add projects and new development.

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