{"id":1004728571,"date":"2024-09-11T04:30:31","date_gmt":"2024-09-11T12:30:31","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004728571"},"modified":"2024-09-12T01:34:52","modified_gmt":"2024-09-12T09:34:52","slug":"gtis-partners-jv-kicks-off-933-ksf-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/gtis-partners-jv-kicks-off-933-ksf-campus\/","title":{"rendered":"GTIS Partners JV Kicks Off 933 KSF Campus"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Stateline-85.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"750\" data-attachment-id=\"1004728572\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/gtis-partners-jv-kicks-off-933-ksf-campus\/stateline-85\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Stateline-85.jpg\" data-orig-size=\"1000,750\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1720015061&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Stateline 85\" data-image-description=\"&lt;p&gt;Aerial view of Stateline 85\u2019s site in Blacksburg, S.C.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Stateline 85 will comprise three facilities, with two of them expected to come online by next summer. Image courtesy of Cushman &#038; Wakefield &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Stateline-85.jpg?w=1000\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Stateline-85.jpg\" alt=\"Aerial view of Stateline 85\u2019s site in Blacksburg, S.C.\" class=\"wp-image-1004728572\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Stateline-85.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Stateline-85.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/09\/Stateline-85.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><figcaption class=\"wp-element-caption\">Stateline 85 will comprise three facilities, with two of them expected to come online by next summer. <em>Image courtesy of Cushman &amp; Wakefield <\/em><\/figcaption><\/figure><\/div>\n\n\n<p>GTIS Partners and Collett Industrial has started construction on the first phase of Stateline 85, a 933,120-square-foot, three-building campus in Blacksburg, S.C., within the Greenville market. The first two facilities are expected to come online by next summer. Cushman &amp; Wakefield will oversee leasing efforts for the entire industrial park.<\/p>\n\n\n\n<p>This marks the third partnership between the two companies. In 2022, the duo formed a $140 million joint venture to develop two adjacent projects within the same market.<\/p>\n\n\n\n<p>The first phase of the development will comprise the 198,720-square-foot Building 1 and Building 2, of about 224,640 square feet. The first facility will have 32-foot clear heights, 171 auto parking spots and 50 trailer stalls, while the second one will have 36-foot clear heights, 175 vehicle spaces and 63 trailer spaces.<\/p>\n\n\n\n<p>The second phase will consist of a build-to-suit facility that can measure approximately 500,000 square feet.<\/p>\n\n\n\n<p>The campus is taking shape at 212 Tribal Road, providing easy access to Interstate 85. Downtown Blacksburg is 4 miles away, while downtown Greenville is some 62 miles southwest. Charlotte Douglas International Airport is less than 36 miles away.<\/p>\n\n\n\n<p>Cushman &amp; Wakefield Director Drew Coholan, Executive Managing Director Matt Treble and Executive Director Fermin Deoca are taking care of leasing the entire project.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-more-industrial-projects-underway-in-greenville\">More industrial projects underway in Greenville<\/h2>\n\n\n\n<p>Year-to-date through June, the Greenville-Spartanburg market saw about 1.3 million square feet in<a href=\"https:\/\/www.commercialsearch.com\/news\/top-markets-for-industrial-deliveries\/\"> <\/a>speculative<a href=\"https:\/\/www.commercialsearch.com\/news\/top-markets-for-industrial-deliveries\/\"> industrial deliveries<\/a>, according to a CBRE market report. Additionally, the metro\u2019s under-construction pipeline at the end of June clocked in at 6.9 million square feet, out of which just 1 million square feet is build-to-suit.<\/p>\n\n\n\n<p>Earlier this year, Crescent Communities <a href=\"https:\/\/www.commercialsearch.com\/news\/crescent-communities-wraps-up-greenville-industrial-campus\/\">completed AXIAL Crosspoint<\/a>, a three-building, 558,000-square-foot industrial campus in Greenville, S.C. The developer broke ground on the 72-acre park in June 2022.<\/p>\n\n\n\n<p>In November, Nissin Foods USA announced plans for a <a href=\"https:\/\/www.commercialsearch.com\/news\/nissin-foods-to-build-228m-sc-facility\/\">$228 million manufacturing plant<\/a> in Greenville County. The 640,640-square-foot facility will feature sustainable elements and is scheduled for completion in August next year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This South Carolina industrial development will come online in two phases.<\/p>\n","protected":false},"author":3355,"featured_media":1004728572,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21748,21742,32781],"tags":[52144,32799,46712],"class_list":["post-1004728571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-industrial","category-latest","category-southeast","tag-collett-industrial","tag-cushman-wakefield","tag-gtis-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GTIS Partners JV Kicks Off 933 KSF Campus - 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