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Colliers facilitates sale at Fort Prince Industrial Park for Walmart’s $450-million “Project Replay”

Header_Walmart at Fort Prince Ind Park2

The project is estimated to bring 400+ high-paying jobs to Spartanburg County

Spartanburg, SC - Walmart’s recent “Project Replay” announcement of the purchase of ±201 acres of land for the company’s largest grocery distribution center to date means the entirety of Fort Prince Industrial Park (±750 acres) has now been sold by the Colliers industrial team of John Montgomery, Garrett Scott and Brockton Hall. Other developments facilitated by Colliers and currently under construction at Fort Prince Industrial Park in Spartanburg include The Cubes at Fort Prince and Hunt Midwest’s Fort Prince Logistics Center.

The retail giant selected the site in Spartanburg for the construction of a new 720,000-square-foot high-tech distribution center for fresh and frozen groceries. The facility will rely on a combination of associates, automation, robotics and machine learning to process perishable goods and deliver them to nearby stores, moving two times more product than traditional grocery distribution centers in addition to bringing new technology-focused job opportunities to the region. 

The high-tech distribution center is part of a larger investment by Walmart to double down on the use of automation technology throughout its supply chain.

The retailer plans to invest approximately $450 million to establish operations at this location and will create 400+ new high-paying jobs as part of Project Replay, a commitment expected to boost Spartanburg County’s overall per capita income due to its size and scope.

“There aren’t many announcements that come close to this one in regard to overall impact on Spartanburg County,” said Spartanburg County Councilman and Chairman of Economic Development Committee David Britt. “Walmart’s decision to locate here will provide growth opportunities not only for residents but our community as a whole for years to come. We are grateful to Walmart leadership for their belief and commitment to Spartanburg as well as to our economic development experts and the Colliers team for their hard work and diligence in bringing Project Replay to the Upstate.”

“This announcement further solidifies our market as a top go-to location for large-scale distribution and fulfillment in the Southeast,” said Colliers Vice President Garrett Scott. “The confluence of multiple transportation nodes and ports, central location able to reach 100 million consumers within one-day’s truck drive and favorable labor profile make our market one of the top choices for supply chain reshoring, expansion and/or reconfiguration that is so vital right now.” 

Employment opportunities at the new Walmart facility are expected to become available in 2024. Information on employment can be found at careers.walmart.com.

The Fort Prince corridor in Spartanburg has become a popular destination for industrial projects in 2021, with two large spec developments currently underway at Fort Prince Industrial Park delivering mid to late 2022.

Demand for industrial space has risen significantly nationwide due to supply chain reorganization and pent-up demand from the pandemic still affecting e-commerce and consumer trends. This dynamic is amplified in the Greenville-Spartanburg market due to its strategic location between Charlotte and Atlanta and proximity to major ports including the Inland Port in Greer.

The Colliers team of Garrett Scott, John Montgomery and Brockton Hall alone have seen record volume in the first three quarters of 2021, with ±5.97 million square feet and ±1,900 acres sold or leased year-to-date.


Related Experts

John Montgomery

Vice President

Spartanburg

John Montgomery is a Vice President of Colliers International in the Spartanburg office. With his breadth of experience in master-planned communities, retail, residential, commercial and industrial development projects, along with teammates Garrett Scott and Brockton Hall, he guides clients through the development process from inception through lease-up. This team does so successfully not only in the Upstate of South Carolina, but across the Southeast as well.

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Garrett Scott

Vice President

Spartanburg

As a Vice President of Colliers International in the Spartanburg office, Garrett Scott specializes in leasing, sales and development advisory services for industrial properties across the Greenville-Spartanburg market.

 

Along with his experience in both brokerage and development, Scott works with teammates and industrial professionals John Montgomery and Brockton Hall to provide clients a unique perspective for their real estate decisions.

 

Scott’s focus is not just on the transaction, nor on how real estate can save a client money, but how it can make them money by capitalizing on the operational advantages which a building and location can offer. This provides a clearer path to what is truly important in a locational decision.

 

With experience in both brokerage and development with a proven track record of providing innovative solutions to meet corporate objectives, Scott offers an advantage that clients seek out.

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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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