New Speculative Industrial Facility Planned for Dillon
The Class A warehouse/logistics facility will be located a mile from Inland Port Dillon next to Interstate 95.
Plans have been announced to construct a new logistics center near Inland Port Dillon. The 95 Inland Port Logistics Center in Dillon County has had leasing assigned for the 373,100-square-foot speculative industrial warehouse and logistics facility.
Palmetto Commercial’s Drew Chaplin will be working with Bob Barrineau and Brendan Redeyoff of CBRE, a Los Angeles based Fortune 500 and S&P 500 company, to lease the property. CBRE is currently the world's largest full service real estate firm according to 2017 revenue.
“Inland Port Dillon allows cargo owners to have increased flexibility and gain efficiency on their inland transportation expense,” Barrineau said. “We’re very excited to market the closest spec building to the Inland Port. The property’s strategic location and proximity to the Inland Port is going to generate substantial interest from importers and exporters taking advantage of direct access to the Port of Charleston via CSX rail, lower cost of empty containers, demurrage savings and reducing their carbon footprint.”
Equus Capital Partners, Ltd will be developing the property, and current plans for the 95 Inland Port Logistics Center include a Class A warehouse/logistics space strategically located next to Interstate 95. Construction will begin in the coming months withthe new facility is expected to be completed in 2020.
“Equus is excited to bring Class A speculative warehouse/logistics space to the Dillon, South Carolina region,” said Dan DiLella Jr., senior vice president of Equus. “South Carolina has made a substantial investment by constructing the Inland Port Dillon. Equus believes in the inland port model and the need for users to want to utilize this type of facility to service the growing population throughout South Carolina and North Carolina.”
Phase I consists of the logistics and warehouse facility, including construction of 32-foot clear heights, a 180-foot truck court, 189 parking spots, 58 loading spaces and 64 trailer parking spaces. The proposed Phase II includes up to 1.5 million square feet in additional development for multiple build-to-suit buildings on a neighboring site.
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