Business & Tech
New Industrial Building Under Construction in Greer
First tenant expected to generate 80 jobs in 156,000-square-foot spec building being built near BMW.
A speculative industrial building expected to break ground next month in Greer already has its first tenant, GSA Business reported.
A.L. Industries Inc., a manufacturer of filters for the automotive and heavy duty industry, has signed a lease for 52,000 square feet of space in the 156,000-square-foot facility being built by Liberty Property Trust. A.L. Industries announced plans in April to invest $3.6 million and create 80 jobs in Spartanburg County.
The Class “A,” multi-tenant warehouse will be in Caliber Ridge Industrial Park at 110 Caliber Ridge in Greer, across from BMW at Interstate 85 and Highway 101.
“During the last 18 months, there has been significant absorption of industrial space across the region and almost no supply of Class ‘A’ product remains, which has presented Liberty with tremendous opportunity,” said Massie Flippin, vice president and city manager for Liberty’s Carolinas region, in a news release.
Liberty estimates completion in the fourth quarter. A.L. Industries expects to move into the building during the first quarter of 2014.
More here.
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