Crossroads Logistics Park will be a bulk warehouse and distribution space consisting of two 168,000 square foot buildings, and one 477,000 square foot building on a 79-acre site. The two smaller buildings are designed with 37 loading dock doors and two drive-in doors. The larger building will include 96 loading dock doors and four drive-in doors.
“The site is ideal for industrial development. Its location near the crossroads of Interstates 85 and 26 will give tenants unparalleled and efficient access to their customers throughout the Carolinas,” observed Rob Gage, Senior Vice President at Brennan. “The presence of BMW, Milliken and Michelin will bring increased demand from a multitude of critical suppliers who service these large-scale manufacturing operations.”
J.M. Cope President Wes Drummond says the company is thrilled to partner with Brennan Investment Group on this project. "The alignment of each organization's values, as well as the relentless pursuit of successful endeavors is what will bring this project to market in such a quick timeframe,” Drummond said. “We want to thank Brennan Investment Group, as well as all of our design partners and subcontractors for all of their continued help.”
The development is going to be one of the most desirable facility options in the Upstate, says Trey Pennington, Senior Vice President of CBRE. “Crossroads Logistics Park is positioned to be a best-in-class industrial development in the heart of Upstate SC,” Pennington said. “The adaptability of the property to serve the needs of multiple types of industrial users, the strategic location in the market, and win/win mentality of Ownership, will allow it to be one of the most sought-after facility options in SC.”
The groundbreaking ceremony will take place on March 9, 2022, at 10:30 a.m. at 151 International Park Dr., Spartanburg, SC 29301.
Attendees are encouraged to take appropriate personal precautions to prevent the spread of COVID-19.
About J.M. Cope: Founded over 40 years ago, J.M. Cope is one of the region’s most respected commercial construction and program management firms, with offices in Rock Hill, SC, Charlotte, NC, and Greenville, SC. We proudly serve clients in commercial, education, faith-based, historic tax credit, hospitality, industrial manufacturing, interiors, medical office and municipal markets. J.M. Cope is built upon a foundation of putting team first, challenging ourselves, relentless improvement, proactivity and humility. To learn more, visit jmcope.com
Brennan Investment Group, a Chicago-based private real estate investment firm, acquires, develops, and operates industrial properties in select major metropolitan markets throughout the United States. Since 2010, Brennan Investment Group has acquired or developed $5 billion in industrial real estate in 30 states. The company’s current portfolio spans 27 states and encompasses approximately 46 million square feet.
Brennan Investment Group co-invests with private and institutional capital to achieve outstanding risk-adjusted returns. The company has 11 regional offices throughout the United States, and the firm’s management team is among the most accomplished in its industry, having invested in over 5,000 properties covering more than 60 cities throughout the United States, Canada and Europe.
For more information on Brennan Investment Group, go to brennanllc.com.
SCBIZtv is part of the SC Biz News family, serving 100,000 high-level business execs throughout South Carolina. Click for more from SCBIZtv.