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MDH Partners’ Greenville Industrial Portfolio Jumps to 700K SF with Third Acquisition
Atlanta-based MDH Partners has acquired 301 Grove Reserve, a 158,886-square-foot recently constructed Class-A industrial building in the Greenville submarket of Piedmont, SC. The property is 100% leased to a pharmaceutical company.
Joe DeHaven served as the acquisition lead for MDH Partners; Clay Williams and Grice Hunt with NAI Global represented the seller.
“Greenville-Spartanburg continues to be a target market of ours,” said DeHaven. “Over the past few years, we have witnessed Greenville establish itself as a key logistics market in the southeast, which compliments the market’s historically strong manufacturing presence.”
The 2021-constructed asset is four miles from I-85 with immediate access to I-185; 16 miles from Greenville-Spartanburg International Airport and 22 miles from the South Carolina Inland Port.
301 Grove Reserve increases MDH Partners’ Greenville-area footprint to 700,000 square feet. The firm owns 1700 Old Grove Road, a 300,645-square-foot building in Piedmont, and Wilson Bridge Road, a 219,054-square-foot building in Fountain Inn.
- ◦Sale/Acquisition