{"id":1004755784,"date":"2025-04-28T06:05:05","date_gmt":"2025-04-28T14:05:05","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004755784"},"modified":"2025-04-28T06:05:06","modified_gmt":"2025-04-28T14:05:06","slug":"atlanta-property-group-enters-south-carolina-market","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/atlanta-property-group-enters-south-carolina-market\/","title":{"rendered":"Atlanta Property Group Enters South Carolina Market"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a1114e54370a&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"785\" height=\"589\" data-attachment-id=\"1004755787\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/atlanta-property-group-enters-south-carolina-market\/apt-greenville\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/APT-Greenville.jpg\" data-orig-size=\"785,589\" 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;0&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=\"APT-Greenville\" data-image-description=\"&lt;p&gt;Property at 6 Shelter Dr., Greer, S.C.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The asset had been under the same ownership for nearly two decades prior to the sale. Image courtesy of Atlanta Property Group&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/APT-Greenville.jpg?w=785\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/APT-Greenville.jpg\" alt=\"Aerial shot of Atlanta Property Group's newly acquired industrial asset at 6 Shelter Dr. in Greer, S.C.\" class=\"wp-image-1004755787\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/APT-Greenville.jpg 785w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/APT-Greenville.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/04\/APT-Greenville.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 785px) 100vw, 785px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Completed in 2004, the distribution center is roughly 13 miles from downtown Greenville. <em>Image courtesy of Atlanta Property Group<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Atlanta Property Group has entered the Greenville, S.C., market with the acquisition of a Class A distribution center spanning 173,000 square feet in Greer, S.C. Fastener company Lindstrom previously owned the asset, CommercialEdge information shows.<\/p>\n\n\n\n<p>The facility at 6 Shelter Drive had been under the same ownership for nearly two decades and was fully leased at closing. The 2004-built warehouse features 32-foot clear heights, a 140-foot truck court and an ESFR sprinkler system. <\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/what-global-trade-shifts-mean-for-us-industrial\/\">What Global Trade Shifts Mean for US Industrial<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>The 10-acre property is roughly 13 miles east of downtown Greenville, less than 1 mile from Interstate 85. Greenville-Spartanburg International Airport operates about 2 miles away.<\/p>\n\n\n\n<p>Atlanta Property Group has acquired 15 industrial assets since 2022. By year\u2019s end, the company plans to invest $100 million of committed equity into distribution centers in markets such as Atlanta, Charlotte, N.C., Greenville, Savannah, Ga., Nashville, Tenn., and Raleigh, N.C., as well as Central Florida metros.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-greenville-s-industrial-assets-sell-for-higher-prices\">Greenville&#8217;s industrial assets sell for higher prices<\/h2>\n\n\n\n<p>Greater Greenville will continue to attract distribution tenants due to its location along I-85 and business friendly climate, as well as the ongoing <a href=\"https:\/\/www.commercialsearch.com\/news\/how-reshoring-impacts-industrial-real-estate\/\">reshoring efforts<\/a>, APG Partner Smith Haverty said in prepared remarks.<\/p>\n\n\n\n<p>During the first quarter, metro Greenville industrial assets traded for nearly $100 per square foot, up 17.8 percent year-over-year, according to CommercialEdge data. However, just 233,494 square feet changed hands\u2014a sharp decline from the 1.9 million square feet that sold during the first three months of 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company purchased a distribution center near Greenville.<\/p>\n","protected":false},"author":3471,"featured_media":1004755787,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,21783,21742,32781],"tags":[35595],"class_list":["post-1004755784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial","category-investment","category-latest","category-southeast","tag-atlanta-property-group"],"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>Atlanta Property Group Enters South Carolina Market - 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