Greenville Gets First Post-Downturn Spec

CHARLOTTE, NC—Liberty Property Trust is readying to break ground on the first speculative industrial building to be developed in the Greenville-Spartanburg region in nearly five years. Located at Caliber Ridge Industrial Park in Greer, SC, the class A multi-tenant warehouse will total 156,000 square feet.

A.L. Industries, a manufacturer of filters for the automotive and heavy duty industry, has signed a lease for 52,000 square feet of space in the new facility. The new building will feature advanced fire suppression systems, 208-foot depth, 28-fet clear height, 50×50 column spacing, the ability to accommodate high levels of office build-out, a shared 200-foot truck court and extensive parking.