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Weston, Inc. acquires 110 Metal Park Drive in Columbia
Colliers to handle leasing, marketing and property management; LCK to handle project management for building improvements
Columbia, SC, October 11, 2021 - Colliers | South Carolina’s Chuck Salley, SIOR, Dave Mathews, SIOR, Thomas Beard and John Peebles represented the seller, Metal Park Drive, LLC, in Weston, Inc.’s acquisition of a 65,000-square-foot industrial building at 110 Metal Park Drive in Columbia, SC. Colliers has been retained by Weston to lease and manage the property.
LCK’s Dale Stigamier, CCIM is currently serving as project manager for improvements to the property, including the installation of a new truck court, a fire suppression system and LED lighting.
Colliers’ industrial brokerage team of Salley, Mathews, Beard and Peebles is currently marketing the property for lease. Jered Wooten from Colliers’ Real Estate Management Services (REMS) division is the Property Manager.
“We are excited to expand our portfolio in South Carolina,” said Eileen McConville, Asset Manager for Weston, Inc. “The Colliers team brought this property to us as a value-add investment and we look forward to working with LCK and Colliers to improve the property and find a tenant that will add to the local economy.”
110 Metal Park Drive is now part of Weston’s Southeast Industrial Properties portfolio. Weston is a Cleveland-based commercial real estate owner and developer with nearly 7 million square feet in assets in South Carolina, making it one of the largest privately held industrial landlords in the state. For more information on Weston’s Southeast Industrial Properties portfolio, please visit www.southeastindustrialproperties.com.
Salley, Mathews, Beard and Peebles are the leading industrial brokerage team in central South Carolina, specializing in leasing, user sales and investment sales of industrial properties. Their multifaceted platform gives them a unique insight into market conditions for all types of industrial properties.
About Colliers
Colliers | South Carolina is the largest full-service commercial real estate firm in South Carolina with 62 licensed real estate professionals covering the state with locations in Charleston, Columbia, Greenville and Spartanburg. Colliers is an Accredited Management Organization (AMO) through the Institute of Real Estate Management (IREM) and is the largest manager of commercial real estate properties in South Carolina with a portfolio of over 18 million square feet of office, industrial, retail and healthcare properties. Colliers’ staff hold the most professional designations of any firm in South Carolina. Colliers | South Carolina’s partner, LCK, provides project management services for new facilities and renovations across South Carolina.
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 65 countries, our 18,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. With annual revenues of $4.5 billion and $98 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.
About Weston, Inc.
As one of the region’s largest privately held industrial property owner and developer, Weston owns a national industrial real estate portfolio of approximately 25 million square feet serving over 950 tenants. For over 50 years, it has exhibited experience and expertise in the areas of building ownership, development, acquisitions, facilities management, tenant services, financing, and leasing.
Since its inception, Weston has been a leading choice of businesses with a distinctive vision of their real estate goals who seek flexible, practical solutions to their space needs offering a broad spectrum of commercial real estate services including acquisition, leasing and management services. For more information, visit www.teamweston.com.
For further information and media inquires please contact:
Elizabeth Riley, CPMC
Marketing Manager
Colliers | South carolina
Tel. +1 803 401 4250
Liz McCary
Vice President, Marketing
Colliers | South carolina
Tel. +1 803 401 4269
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