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Colliers represents Pacolet Milliken in lease of ±439,360-square-foot Ft. Prince Commerce Center

Ft Prince CC LeasedHeader Image

Spartanburg, SC – The Colliers team of John Montgomery, Garrett Scott and Brockton Hall represented Pacolet Milliken (pacoletindustrial.com) in the leasing of Ft. Prince Commerce Center, a ±439,360-square-foot Class A industrial space at 200 Fort Prince Road in Spartanburg. The building delivered to the market in 2020 and is the newest addition to Pacolet Milliken’s portfolio of industrial property.

The modern, 36-foot clear, Class A building was built as speculative industrial space by Courtland Development and features more than 1,500 feet of Interstate 85 frontage with high visibility to ±95,000 vehicles per day.

Ft. Prince Commerce Center is located approximately 10 miles from BMW’s Plant Spartanburg, GSP International Airport and the Inland Port in Greer, meeting both regional distribution and local manufacturing supplier requirements.

Shortly after purchasing in December 2020, Pacolet Milliken enhanced the marketability of the building by adding ±2,500 square feet of speculative office space with conference rooms and restroom facilities. This made the building ready for speed-to-market deals and the facility was leased approximately six months later.

Pacolet Milliken is a family-owned investment company based in the Upstate of South Carolina with deep roots in the region. The company currently owns more than 3,000 acres of industrial land throughout South Carolina and has been instrumental in bringing several beneficial economic development projects to Spartanburg County including Keurig Dr. Pepper, Magna Seating, Toray, Sterling Packaging, Mactac and Kobelco, all part of the Tyger River Industrial Park on Highway 290 in Moore.

Pacolet’s investment in Ft. Prince Commerce Center demonstrates the firm’s belief in and continued commitment to the Spartanburg market.  The project complements Pacolet’s existing portfolio of industrial, multifamily, land, retail and office holdings throughout the United States.

“We are incredibly pleased with the performance of this industrial asset and the overall strength of the Greenville-Spartanburg market for industrial has never been more clear,” said Pacolet Milliken President of Real Estate Clay Adams. “We look forward to seeing the new tenant at Ft. Prince Commerce Center thrive at this location for many years to come.”


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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