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First Solar to Spend $330M on Gaffney Factory
Glenstar Logistics leased 1.3 million square feet to First Solar at its 290-acre Cherokee Commerce Center 85 (CCC-85) industrial park in Gaffney, S.C. Developed by Glenstar and capital partner Creek Lane Capital, CCC-85 will house First Solar’s new $330 million, 3.7 GW manufacturing plant, which is expected to create more than 600 jobs and begin operations in the second half of 2026.
CCC-85’s Building 2, a cross-docked 550,520-square-foot speculative building at 121 Logistics Drive, will be expanded to 1.3 million square feet to accommodate final assembly of First Solar’s Series 6 solar modules.
Michael White of Savills and Nate Zoucha of CBRE represented First Solar in the lease transaction. John Montgomery, Garrett Scott, Dillon Swayngim and Brockton Hall of Colliers’ Spartanburg office represented ownership. Evans General Contractors has been selected as the general contractor for the expansion, with Ware Malcomb serving as the architect.
First Solar is the largest American solar manufacturer.
- ◦Lease