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Magnus Development Partners breaks ground at 803 Industrial Park
Columbia Metropolitan Airport and Magnus Development Partners have partnered to develop over one million square feet of industrial space adjacent to CAE
COLUMBIA, SC | DECEMBER 1, 2022
Magnus Development Partners has broken ground on two buildings at 803 Industrial Park adjacent to Columbia Metropolitan Airport with another breaking ground in Q2 2023.
The 252,720-square-foot Gateway One and 252,720-square-foot Gateway Three buildings broke ground on November 1, 2022, and will deliver in Q2 2023. Each building will feature a 190-foot deep truck court, up to 57 dock-high doors, 72 trailer drop spaces, 50-foot by 54-foot bays, 32-foot clear heights, ESFR fire protection and LED lighting. The buildings will be subdividable for users needing as little as 56,160 square feet of space.
Magnus will break ground on Gateway Two, a 408,240-square-foot speculative building, in Q2 2023. The Gateway Two building will feature a 190-foot deep truck court, up to 32 dock-high doors, 50-foot by 54-foot bays, 36-foot clear heights, ESFR fire protection and LED lighting.
Additionally, Magnus has plans to develop a Gateway Four building at a later date based on market demand.
“803 Industrial Park will be the Midlands’ premier Class A park to attract growing industrial users,” said Kevin Werner, partner with Magnus. “We anticipate leasing both buildings under construction upon completion and will quickly develop the rest of the park, offering over one million square feet of state-of-the-art industrial buildings.”
803 Industrial Park has several logistical advantages; the park is adjacent to CAE, the UPS regional air hub, the UPS ground hub, FedEx Freight and a Norfolk Southern transload rail terminal. Additionally, the site is 1 mile from I-26 with easy access to surrounding markets via I-77, I-20 and I-95 and within two hours of the Port of Charleston.
“In an industrial market with high demand for available Class A buildings; we are delighted to announce two new facilities, each offering 252,780 square feet,” said Lexington County Council Vice Chair Beth Carrigg. “The strategic location chosen by Magnus within the newly created 803 Industrial Park is ideal for development. Lexington County is privileged to partner with Magnus in support of their endeavors.”
Colliers’ industrial brokerage team of Chuck Salley, SIOR, Dave Mathews, SIOR, Thomas Beard, SIOR and John Peebles are handling the leasing and marketing for the park. For more information and current availabilities at 803 Industrial Park, please visit www.803industrialpark.com.
MEDIA CONTACT
Elizabeth Riley
Marketing Manager
Colliers | South Carolina
Tel. +1 803 401 4250
elizabeth.riley@colliers.com
About Magnus Development Partners
Magnus is a privately held, South Carolina-based real estate developer focused on delivering single tenant build-to-suits, spec industrial buildings and corporate advisory services throughout the Southeastern United States. With over 50 years’ experience in commercial real estate, Magnus founders have developed properties for some of the nation’s most recognizable companies including Home Depot, Iron Mountain, Starbucks, Domino’s Service Centers, Tractor Supply, Husqvarna and others.
About Colliers | South Carolina
Colliers | South Carolina has over 145 staff members, including 62 licensed real estate professionals, covering the entire state with locations in Charleston, Columbia, Greenville and Spartanburg. Total 2021 brokerage volume exceeded $1 billion, which included over 590 sales and leasing transactions. In addition to traditional commercial real estate representation services for our clients, the company is actively engaged in Corporate Solutions and Healthcare Services. 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 17 million square feet of office, industrial, retail and healthcare properties. Colliers’ staff hold 54 professional designations, the most of any firm in South Carolina. Colliers | South Carolina’s partner, LCK, provides project management services for new facilities and renovations across South Carolina and set a new record by managing a portfolio of projects approaching $1 billion in volume during 2021.
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SPEAK TO AN EXPERT
BROKERAGE REPRESENTATION BY: COLLIERS INTERNATIONAL | SOUTH CAROLINA
Chuck Salley, SIOR
Managing Director
Thomas Beard, SIOR
Vice President
John Peebles, SIOR
Senior Brokerage Associate