CHARLOTTE, S.C. – Transwestern Investment Group (TIG®) announces it has acquired Inland Port Greer 85 Building 3 on behalf of a separately managed account. The newly built,, 607,160-square-foot industrial asset located in Greer, South Carolina, is 100% occupied and equally divided between two tenants.
“Inland Port Greer 85 Building 3 sits in one of the region’s most in-demand industrial submarkets due to its strategic location and growing consumer base,” said Chris Sterling, Director of Acquisitions at TIG. “The asset’s high-quality tenancy made this acquisition an ideal opportunity that aligned with our approach of acquiring well-positioned properties within key logistics markets across the country.”
Situated in the Spartanburg West submarket, the distribution center offers immediate access to Highway 80 and proximity to Inland Port Greer as well as the Greenville-Spartanburg International Airport. Additionally, the property is near Interstate 85, providing connectivity to major Sun Belt markets and Interstate 26, which connects to the Port of Charleston. This central location allows for distribution to 43% of the United States population within one day.
CBRE’s Atlanta Industrial team brokered the deal.
Photo available for download here.
About Transwestern Investment Group
Transwestern Investment Group (TIG®), a real estate investment adviser, seeks to provide value to institutional clients through what we believe to be compelling, thematic investment opportunities across property types and risk profiles within the United States. Part of the Transwestern companies, we have sourced and executed more than $7 billion of real estate investments to date in 26 markets.
Five dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Through offices nationwide, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at transwestern.com and @Transwestern.
This document does not constitute an offer, solicitation or recommendation to sell or an offer to buy any securities, investment products or investment advisory services. Any offer or solicitation will be made only pursuant to a confidential private placement memorandum and subscription documents (the “Offering Materials”) and will be subject to the terms and conditions contained in such Offering Materials.
Media Contact:
Monica Sparreo
312.881.7059
monica.sparreo@transwestern.com
twmediarelations@transwestern.com
