Columbia, SC – Colliers International’s Chuck Salley, SIOR, Dave Mathews, SIOR and Sam Myers represented the buyer, Reger Holdings, LLC in the purchase of 10700 Farrow Road. The 285,000 square foot industrial building will be added to Reger Holdings’ Carolina Industrial Properties portfolio, and Colliers South Carolina has also been awarded the leasing and property management for the property.
Reger Holdings plans to renovate the building to make it more compatible for modern, advanced manufacturing and distribution. With unique features like an on-site sub-station, 17 bridge cranes and a Norfolk Southern Rail spur, the property is already well-positioned for a future tenant. Initially built for KitchenAid in the 1970s, the property has also housed several large manufacturing companies like Little Tykes Co., Winchester Arms, Continental Diesel and Pure Power Technologies.
Carolina Industrial Properties (www.carolinaindustrialproperties.com) is a premier real estate portfolio that consists of approximately 5 million square feet of manufacturing, warehouse, flex space and industrial properties across South Carolina held by Reger Holdings.
Reger Holdings, LLC (www.regerholdings.com) is headquartered in Western New York and focuses on commercial and industrial value add real estate investments and quality residential and mixed use development. The company and affiliates currently own approximately 7 million square feet of industrial and commercial space in Western New York, South Carolina, and New England. Reger Holdings and affiliates have also developed several residential and mixed-use projects throughout the country including significant mixed-use developments in the Boston market and currently ongoing luxury residential condominium developments under construction and in pre-development phases in Maine.
Salley, Mathews and Myers are the leading industrial brokerage team in central South Carolina, specializing in the leasing and sale of warehouse and industrial facilities.