Developer Glenstar Logistics has gone vertical on CCC-85 Building 2, a cross-docked 550,520-square-foot warehouse at its new Cherokee Commerce Center 85 development adjacent to Interstate 85 near Gaffney.
Slated for completion in fourth-quarter 2024, CCC-85 Building 2 is being built on a speculative basis, with the flexibility to expand to 1.3 million square feet, according to a news release. Potential uses include warehousing and distribution, food processing, assembly/light manufacturing and refrigeration/cold storage. The building will feature 40-foot clear heights, 56-foot-by-50-foot column spacing, 60-foot speed bays, up to 232 dock doors, four drive-in doors, and up to 604 auto parking and 388 trailer spaces, the developer says.
“With supply chains stabilized, tenants have more time to carefully select the best sites and the most functional space for their business needs,” Brian Netzky, managing principal of Glenstar Logistics, said in the release. “CCC-85 will check all the right boxes for many firms with its location along I-85; access to Cherokee County’s skilled workforce along with Tier 4 employee incentives; and proximity to electric vehicle, battery and semiconductor factories and dense populations of e-commerce consumers.”
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Located at the Interstate 85/Highway 105 interchange, CCC-85 sits directly across the interstate from Boysen’s manufacturing plant, which supplies BMW’s manufacturing facility 31 miles away in Spartanburg County; a Freightliner Custom Chassis manufacturing plant; and a Nestlé USA frozen food factory. The park is 25 minutes from Inland Port Greer and 30 minutes from the Charlotte metro. From CCC-85, tenants can reach more than 135 million consumers within a day’s drive, according to the developer.
“The functional design of the facilities and layout of the park optimize flexibility, whether a tenant needs a massive amount of parking or lots of outdoor storage,” Netzky said in the release. “The park’s abundant power, water and sewer capabilities also meet the needs of today’s high-tech industrial sector.”
Upon full buildout, the 290-acre park will include five buildings totaling up to 3.6 million square feet, the release stated.
“Cherokee County is pro-business, with government officials eager to help companies maximize their ROI through incentives,” said Netzky. “We’re bullish on the I-85 corridor and its future growth.”
Glenstar Logistics’ partners at CCC-85 include capital partner Creek Lane Capital, general contractor The Conlan Co., architect Ware Malcomb and civil engineer SeamonWhiteside, with CrossHarbor Capital Partners supplying $38.2 million in construction financing. John Montgomery, Garrett Scott, Brockton Hall and Dillon Swayngim of the Spartanburg office of Colliers are marketing the building on behalf of the owners.
Glenstar Logistics, the industrial arm of Glenstar, develops and invests in warehouse, distribution and manufacturing facilities, primarily in the Southeast.
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