Industrial market gains capital investments

Key Takeaways

  • Capital investments are on the rise within the Greenville-Spartanburg-Anderson region.
  • Despite 607,607 square feet of new construction delivery this quarter, the market absorbed 315,756 square feet.

Capital investments soar

Innovation, a strong business climate and improvements to the state logistic infrastructure are successful drivers within the Greenville-Spartanburg-Anderson region. During 2017, the Upstate SC Alliance reported Greenville County investments totaling $172 million and announced 2,287 jobs. Spartanburg County had an astonishing $885.3 million in investments and announced 1,789 jobs, and Anderson County had $421 million in investments and 1,130 jobs announced. These staggering statistics are a testament to the vibrancy of the industrial market. The region is home to some of the most recognizable brands and national public/private sector research centers. Below is an impressive list of companies who are making $200 million or more in capital investments and contributing to the region by drawing new businesses to the area, while integrating workforce training with educational institutions. These components will serve as a solid foundation for the future expansion of the Greenville-Spartanburg-Anderson market.

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