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Weston, Inc. acquires 3240 Brittain Drive in Newberry, SC
Colliers to handle leasing, marketing and property management; LCK to handle project management for building improvements
Columbia, SC, January 19, 2022 – Weston, Inc., an Ohio-based industrial real estate owner, has acquired a vacant 182,160-square-foot industrial building at 3240 Brittain Drive in Newberry, SC.
“Weston sees this property in Newberry as a value-add investment and is planning several improvements which will increase the functionality of the property for a new user,” said Eileen McConville, Asset Manager for Weston, Inc. “We know that Newberry County will attract a healthy pool of prospects to lease the building as it is a great county for doing business and the quality of life is excellent.”
Colliers’ industrial brokerage team of Chuck Salley, SIOR, Dave Mathews, SIOR, Thomas Beard and John Peebles represented Weston in the purchase and is currently marketing the property for lease. Grant Butler from Colliers’ Real Estate Management Services (REMS) division has been retained as the Property Manager.
Weston has also hired LCK, Colliers | South Carolina’s project management affiliate, to oversee and manage the capital improvements at the property to prepare the building for occupancy.
“There is a scarcity of rail-served buildings in South Carolina, especially buildings with a spur and switch in place,” said Salley, Vice President and Director of Industrial Brokerage Team in Colliers’ Columbia office. ”In addition to being rail-served, 3240 Brittain Drive has excellent truck loading facilities, trailer storage and outdoor storage.
3240 Brittain 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 of 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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