Hunt Midwest, a Kansas City-based commercial real estate company, kicked off its expansion into the Greenville-Spartanburg, S.C., market with the speculative development of the 476,280-sf Fort Prince Logistics Center, located on 47 acres in the master planned Fort Prince Industrial Park in Lyman, S.C., 11 miles west of Spartanburg.
The project, which is already under construction, is scheduled for completion in the fourth quarter of this year. The Building Team includes Seamon Whiteside (CE), LS3P (building design), and Evans General Contractors (GC). Colliers is handling the leasing.
FLEXIBLE DESIGN
The Logistics Center will open with 189 parking stalls, expandable to 385. There will be a 135-ft-deep truck court and up to 125 tractor trailer parking stalls. The building’s features include 48 dock positions (expandable to 117) with 36-ft-high clearances, mechanical dock equipment, 7-inch-thick concrete slab flooring, and ESRF sprinkler system, and motion-sensor LED lighting.
Hunt Midwest is deploying design-build project delivery “to lock in construction costs,” and allow for “maximum flexibility for logistics, manufacturing, and distribution users,” said Tony Borchers, Hunt Midwest’s Vice President of Acquisitions and Development, in a prepared statement. (The company did not disclose the cost of this project.)
The Logistics Center will have access to Interstate 85 (which connects to Charlotte and Atlanta), South Carolina’s Inland Port Greer, and GSP International Airport. It will be near BMW’s plant and adjacent to a $450 million, 720,000-sf Walmart distribution center for fresh and frozen groceries that’s scheduled to open in 2024.
A SOUGHT-AFTER MARKET
Michael Bell, Hunt Midwest’s Vice President of Commercial Real Estate, said his company was drawn to the Greenville-Spartanburg market by the state’s “highly skilled labor force,” as well as the new facility’s proximity to FedEx that “will greatly benefit a diverse group of tenants.”
Another developer, Rockefeller Group, is about to break ground in Greenville/Spartanburg on Duncan Logistics Center, a three-building development totaling 827,000 sf that MCA Architects designed and Harper General Contractors will build in two phases.
Hunt Midwest is part of the Lamar Hunt family of businesses, and has $1.5 billion and 2,500-plus acres of development projects in Kansas City and Dallas-Fort Worth. Last summer, the company completed its first industrial project outside of Kansas City, the $22 million 322,831-sf Blankenbaker Logistics Center in Louisville, Ky., which is fully leased to Piston Automotive. Hunt MIdwest has plans to expand further into the Southeastern region of the U.S.
Related Stories
| Sep 19, 2013
6 emerging energy-management glazing technologies
Phase-change materials, electrochromic glass, and building-integrated PVs are among the breakthrough glazing technologies that are taking energy performance to a new level.
| Sep 19, 2013
Roof renovation tips: Making the choice between overlayment and tear-off
When embarking upon a roofing renovation project, one of the first decisions for the Building Team is whether to tear off and replace the existing roof or to overlay the new roof right on top of the old one. Roofing experts offer guidance on making this assessment.
Smart Buildings | Sep 13, 2013
Chicago latest U.S. city to mandate building energy benchmarking
The Windy City is the latest U.S. city to enact legislation that mandates building energy benchmarking and disclosure for owners of large commercial and residential buildings.
| Sep 13, 2013
Chicago latest U.S. city to mandate building energy benchmarking
The Windy City is the latest U.S. city to enact legislation that mandates building energy benchmarking and disclosure for owners of large commercial and residential buildings.
| Sep 11, 2013
BUILDINGChicago eShow Daily – Day 3 coverage
Day 3 coverage of the BUILDINGChicago/Greening the Heartland conference and expo, taking place this week at the Holiday Inn Chicago Mart Plaza.
| Sep 10, 2013
BUILDINGChicago eShow Daily – Day 2 coverage
The BD+C editorial team brings you this real-time coverage of day 2 of the BUILDINGChicago/Greening the Heartland conference and expo taking place this week at the Holiday Inn Chicago Mart Plaza.
| Sep 3, 2013
Delinquency rate for commercial real estate loans at lowest level in three years
The delinquency rate for US commercial real estate loans in CMBS dropped for the third straight month to 8.38%. This represents a 10-basis-point drop since July's reading and a 175-basis-point improvement from a year ago.
| Aug 30, 2013
Local Government Report [2013 Giants 300 Report]
Building Design+Construction's rankings of the nation's largest local government design and construction firms, as reported in the 2013 Giants 300 Report.
| Aug 30, 2013
State Government Report [2013 Giants 300 Report]
Stantec, Jacobs, PCL Construction among nation's top state government design and construction firms, according to BD+C's 2013 Giants 300 Report.
| Aug 28, 2013
Federal Government Report [2013 Giants 300 Report]
Building Design+Construction's rankings of the nation's largest federal government design and construction firms, as reported in the 2013 Giants 300 Report.
