Stotan Closes on Rock Hill Parcel for 942K-SF Warehouse Venture

Stotan Industrial and Singerman Real Estate have acquired a 77.58-acre site at 905 Caterpillar Drive in Rock Hill, South Carolina, for the development of Crossroads @ Rock Hill, a three-building industrial park totaling approximately 942,000 square feet. The property sold for $12 million.

Located less than one mile from a full I-77 interchange and approximately 30 minutes south of Charlotte, Crossroads @ Rock Hill will provide access to one of the Carolinas’ primary manufacturing and logistics hubs.

The project will be developed in two phases. Phase I will include a 435,000-square-foot cross-dock building and a 273,000-square-foot rear-load building, while Phase II will add a 234,000-square-foot rear-load building. All three buildings will feature 36-foot clear heights, and the park will provide approximately 333 trailer stalls and 908 automobile parking spaces.

Stotan secured the site through a competitive marketing process led by JLL’s brokerage team. JLL’s Rich Grieder, John Kincaid, Matthew Greer and Brad Cherry will lead leasing efforts, with Graycor serving as general contractor.