Modular Manufacturer Relocates to South Carolina
The tenant will fully occupy this new 560,000-square-foot facility.
Farpoint Development has inked a 10-year, full-building lease at its 560,240-square-foot industrial property in Williamston, S.C., with BMarko Structures, a modular building manufacturer. CBRE represented the owner.
The facility came online in 2024, one year after First Carolina Bank had issued a $28.7 million construction loan, according to Yardi Matrix.
BMarko will relocate from Georgia, where it occupies 126,698 square feet at an Atlanta warehouse owned by Prologis, the same source shows. However, the company will retain the Atlanta property, Tyler Wise, marketing manager at BMarko Structures, told Commercial Property Executive.
The manufacturer has built more than 500,000 square feet of steel and wood modular structures, as well as shipping containers, since its debut in 2014. Notably, it also employed this construction method for data center projects.
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The new property features a cross-dock configuration with a clear height of 40 feet, 112 dock doors and four drive-in doors, as well as 28 mechanical dock levelers. The availability of such a large space under one roof was one of the deciding factors for BMarko’s leasing decision, Wise added.
Located on nearly 49 acres at 134 Long Road, BMarko’s new warehouse is about 20 miles southwest of downtown Greenville, S.C., and approximately 32 miles east of the Georgia-South Carolina border, as well as 46 miles south of the border between the Carolinas. Thoroughfares such as U.S. routes 123 and 178 run within about 14 miles, while Interstate 85 is less than 1 mile away.
“The Anderson/Greenville area is a major manufacturing hub and will allow us to hire the right talent to support our expanded operations. Anderson County is very supportive and having a strong partnership with the County was important to us,” Wise told CPE.
CBRE Senior Vice President Marcus Cornelius and First Vice President Campbell Lewis represented Farpoint in the leasing negotiations.
Industrial activity along I-85
The I-85 corridor continues to be an industrial hotspot across the Southeast, following broader industrial real estate trends. Another large sector lease along the thoroughfare is Red Rock Developments’ 1.1 million-square-foot deal with DHL.
Local government infrastructure investment is set to retain this momentum. Last July, the North Carolina Department of Transportation awarded $337 million to Lane Construction Corp. to modernize and widen a 4-mile stretch of I-85 in metro Charlotte, N.C.
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