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Atlanta & Southeast  + Southeast  + Industrial  |  February 4, 2020
David Cohen
By: David Cohen

CRG Sells 1.3M-SF Distribution Center in South Carolina

National real estate development and investment firm CRG has announced the completion and sale of a 1,318,680 square foot logistics facility located at The Cubes at Inland 85 in Duncan, S.C. The sales price was not disclosed.

The development, originally a 500,280 square foot speculative warehouse, was expanded to accommodate a Fortune 500 investment grade tenant. The facility is the first vertical project at The Cubes at Inland 85, a 324-acre industrial park located between Greenville and Spartanburg. An affiliate of Lexington Realty Trust acquired the property upon lease commencement.

“This project is an amazing example of our integrated delivery model and the value we can bring Fortune 500 clients,” said Shawn Clark, president at CRG. “Our ability to provide design, construction and development services allowed CRG to react quickly and accommodate our client’s requirement.”

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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