Skip to main content Skip to footer

Colliers International represents seller in downtown Spartanburg land assemblage on W. Main Street.

331  355 W Main Street1536x730

This opportunity zone land purchase will extend the thriving Main Street corridor towards the west side.

Spartanburg,SC – Colliers International | South Carolina’s D. Ralph Settle II represented the seller, 331 W. Main Street, LLC, in the sale of 2.066 acres of land located at 331 and 355 W. Main Street in Spartanburg to Greenville-based Blackstock Development, LLC.

This land purchase is one of several made by the company in downtown Spartanburg’s west side.

“The West Main Street corridor is a vital gateway into our downtown.” says Jansen Tidmore, EVP of the Spartanburg Chamber of Commerce, “This strategically located 2-acre property has the potential to enhance and activate this corridor and with this transaction I believe we are moving closer to that goal.”

D. Ralph Settle II was able to leverage local market knowledge as well as expertise in this product type and opportunity zones to assist 331 W. Main Street, LLC in the sale of 331 and 355 W. Main. 

Blackstock Development, LLC are also the owners of land adjacent to the purchased property. The company is currently in the process of assembling several opportunity zone parcels with an eye towards renovating or repurposing existing buildings at this location. The addition of 2.066 acres to this portfolio will strengthen the company’s total land positions on W. Main Street.

The developer recently secured an abandoned textile mill site designation for the former Piedmont Bonded Warehouse and Compress Company building as part of its redevelopment efforts in this area.

Blackstock Development, LLC and a JV partner have also recently developed a senior living project near the Westgate Mall in Spartanburg.

Spartanburg’s West Main Street corridor continues to see significant development and growth with the addition of the AC Hotel by Marriott, Main and Morgan Apartments, The Silo at RJ Rockers, Level 10 and Smallcakes Bakery.