Glenstar Logistics Goes Vertical on First Building at CCC-85, a 290-Acre Industrial Park in Gaffney, S.C.

GAFFNEY, S.C. (August 6, 2024) – Developer Glenstar Logistics today announced it has gone vertical on CCC-85 Building 2, a cross-docked 550,520-square-foot building at its new Cherokee Commerce Center 85 (CCC-85) immediately adjacent to Interstate 85 in Upstate South Carolina’s Cherokee County industrial corridor. After starting work last October, concrete panels are now being tilted up into place for the building’s exterior walls.

Slated for completion in Q4 2024, CCC-85 Building 2 is being built on a speculative basis with the flexibility to expand to 1.3 million square feet. The building will feature 40-foot clear heights, 56-feet-by-50-feet column spacing, 60-foot speed bays, up to 232 dock doors, four drive-in doors, up to 604 auto parking and 388 trailer spaces. Potential uses include warehousing and distribution, food processing, assembly/light manufacturing and refrigeration/cold storage.

“With supply chains stabilized, tenants have more time to carefully select the best sites and the most functional space for their business needs,” said Brian Netzky, managing principal of Glenstar Logistics. “CCC-85 will check all the right boxes for many firms with its location along I-85; access to Cherokee County’s skilled workforce along with tier 4 employee incentives; and proximity to electric vehicle, battery and semiconductor factories and dense populations of e-commerce consumers.”

Located at the four-way highly-amenitized I-85/Highway 105 interchange in Gaffney, S.C., CCC-85 sits directly across I-85 from Boysen’s manufacturing plant, which supplies BMW’s manufacturing facility 31 miles away in Spartanburg; a Freightliner Custom Chassis manufacturing plant; and a Nestlé USA frozen food factory. The park is 25 minutes from Inland Port Greer and 30 minutes from Charlotte MSA. From CCC-85, tenants can reach 135+ million consumers within a one-day drive.

“The functional design of the facilities and the layout of the park optimize flexibility, whether a tenant needs a massive amount of parking or lots of outdoor storage,” Netzky said. “The park’s abundant power, water and sewer capabilities also meet the needs of today’s high-tech industrial sector.”

CCC-85 will offer a superior utility profile including a power capacity of up to 54 megawatts. Distributors at the park will benefit from the recently widened I-85 from four to six lanes and a signalized primary entrance for ease of access/exit. Upon full buildout, the 290-acre park will include five buildings totaling up to 3.6 million square feet.

South Carolina’s population expanded by 1.7% to 5.4 million residents in 2023, making it the fastest-growing state last year, according to the U.S. Census Bureau.

“Cherokee County is pro-business, with government officials eager to help companies maximize their ROI through incentives,” Netzky said. “We’re bullish on the I-85 corridor and its future growth.”

Glenstar Logistics’ partners at CCC-85 include capital partner Creek Lane Capital, general contractor The Conlan Company, architect Ware Malcomb and civil engineer SeamonWhiteside, with CrossHarbor Capital Partners supplying $38.2 million in construction financing. John Montgomery, Garrett Scott, Brockton Hall and Dillon Swayngim of the Spartanburg office of Colliers are marketing the building on behalf of ownership.

About Glenstar Logistics: 

Glenstar Logistics, the industrial arm of Glenstar, develops and invests in state-of-the-art warehouse, distribution and manufacturing facilities primarily in the southeast region of the United States. Headquartered in Chicago, Glenstar Logistics leverages decades-long relationships with local brokers, logisticians and end users to provide a unique insight on key factors tenants evaluate when making site selections. With 400+ acres currently under control, the team combines decades of real estate experience and proprietary third-party data analytics to direct every aspect of the development process with the end user in mind.