Magnus Development breaks ground on Midway Logistics VI in Lexington County Industrial Park

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Colliers International | South Carolina’s industrial brokerage team to handle leasing

Columbia, SC – Magnus Development has broken ground on their newest industrial speculative development, Midway Logistics VI, located in Lexington County Industrial Park in West Columbia, SC.

Chuck Salley, SIOR, Dave Mathews, SIOR, Thomas Beard and John Peebles of Colliers’ Columbia industrial brokerage team will handle the leasing and marketing efforts for the property. 

The 192,780-square-foot Class A warehouse features a 32-foot clear height, high-capacity loading and enhanced trailer parking. The building has a smart, energy-efficient design with flexibility for users to accommodate as little as 34,020 square feet. The ESFR sprinkler system will allow tenants to maximize the cubic feet of storage space, and the motion sensor LED light fixtures provide daylight brightness in the warehouse with utility savings for the tenant. Magnus anticipates that construction will be completed in Q2 2021.

“There is currently zero vacancy in existing tilt-wall, Class A product in the Columbia industrial market,” said Salley, Vice President & Director of Industrial Brokerage Team in Colliers’ Columbia office. “The delivery of Midway Logistics VI is expected to be received well by the market due to high demand and limited supply. We anticipate that the building will be partially, if not completely, pre-leased when it is delivered in 2021.”  

Magnus Development Partners is a privately held, South Carolina-based real estate developer focused on delivering single tenant build-to-suits, spec industrial buildings and corporate advisory services throughout the Southeastern United States. With over 50 years’ experience in commercial real estate, Magnus founders have developed properties for some of the nation’s most recognizable companies including Home Depot, Iron Mountain, Starbucks, Domino’s Service Centers, Tractor Supply, Husqvarna and others.

Salley, Mathews, Beard and Peebles are the leading industrial brokerage team in central South Carolina, specializing in leasing, user sales and investment sales of industrial properties. Their multifaceted platform gives them a unique insight into market conditions for all types of industrial properties.

 

Related Experts

Chuck Salley

Vice President and Director of Industrial Brokerage Team

Columbia

I am the Vice President and Director of the Industrial Brokerage Group for Colliers in Columbia. I have experience in all aspects of industrial brokerage, including leasing, sales, build-to-suit, site acquisition, investment sales and consulting. I have been with Colliers since 1981 and have completed over a thousand transactions in my career. I am an expert in the industrial market and am proud to have represented many national and multi-national companies with their real estate needs in the Columbia market, including Knauf Insulation, United Technologies, Lennox Industries, Howden Buffalo, ESAB, Sony, RNDC, Interstate Resources and Mainline Express. I have also provided valuable consulting work, site acquisition and leasing services for many national developers, including Panatonni Development, Red Rock Developments, Kirco and Miller Valentine Group. 

I am inspired by the drive of my clients and customers to grow their business, create jobs and invest in our community. I enjoy the thrill of taking on the challenge to find real estate solutions for them to help them progress in their business goals. My experience in Columbia gives me a solid platform to deliver solutions that enable these companies to grow.

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Dave Mathews

Vice President

Columbia

I am a Vice President with Colliers International | South Carolina, specializing in industrial real estate in South Carolina. I serve both tenants and landlords with their respective industrial  needs. I assist tenants with comprehensive site selection, acquisitions and dispositions, and lease negotiations. In addition, I offer similar services to institutional landlords, which include strategic planning, detailed reporting and market analysis, marketing and lease/sale negotiations. I work with a collaborative team consisting of senior level associates and find that our teamwork is one of our biggest advantages in completing deals that exceed our client’s expectations.

Working in industrial brokerage, I have the opportunity to see the vast progress of companies and help to play a part in our client’s business development. I find that, for me, success is finding the best possible outcome for a client within their constraints and knowing that I have brought significant value to their growth.

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Thomas Beard

Senior Brokerage Associate

Columbia

As a Senior Brokerage Associate with Colliers International | South Carolina and a member of the industrial team for central South Carolina, I specialize in leasing, user sales and investment sales of industrial properties.

Since a young age, I have had a profound interest in commercial real estate. I have long found industrial brokerage to be intriguing because it serves as the foundation of many different types of businesses and processes. It is very rewarding to have the opportunity to play a role in the goals and progress of each of our clients as a trusted commercial real estate professional.

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John Peebles

Brokerage Associate

Columbia

I am a Brokerage Associate in our Columbia office working with the industrial brokerage team of Chuck Salley, SIOR, Dave Mathews, SIOR and Thomas Beard. Our team focuses on landlord representation and site selection for tenants looking in central South Carolina. 

I have thoroughly enjoyed the challenging and rewarding nature of industrial brokerage. Our team has the privilege to work with clients and prospects on both sides of a transaction and find solutions to best suit their needs. We get to play a role in growing businesses in our community and stimulating the local and regional economy. This is a reward that few other careers can offer.

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