Colliers | South Carolina pre-leased two buildings at 803 Industrial Park in West Columbia as Magnus Development Partners pushes on with construction after breaking ground on the park in Q4 2022. The park, a partnership between Magnus and Columbia Metropolitan Airport, will consist of over one million square feet of speculative industrial space across four buildings.

Givens has leased the entire 252,720-square-foot Gateway Three building which broke ground on November 1, 2022 and will deliver in Q2 2023. Givens is a top-performing warehousing, transportation and 3PL company. In addition to this new location, it owns and operates over 2 million square feet of warehouse space in Chesapeake, VA; Reno, NV; Savannah, GA and Seattle, WA. Its buildings are custom-designed to efficiently meet modern, fast-paced distribution requirements.

Mattress Warehouse has leased 56,160 square feet at the Gateway One building which also broke ground on November 1, 2022 and will deliver in Q2 2023. Mattress Warehouse carries the largest selection of quality name-brand bedding – Serta, Sealy, Stearns & Foster, TEMPUR-Pedic, Kingsdown, Aireloom and more. Mattress Warehouse has over 250 store locations and it will use 803 Industrial Park as a distribution center.

“Lexington County celebrates the development and success of 803 Industrial Park,” said Beth Carrigg, Lexington County Council Chairwoman. “We recognize the importance of Class A buildings in the market and are proud to expand upon our partnership with Magnus Development Partners. Mattress Warehouse, a premier mattress company operating more than 30 years with locations across the nation, and Givens, a family-owned company geared towards providing their customers with supply chain solutions, will be an asset to our growing community.”

Colliers’ Chuck Salley, SIOR, Dave Mathews, SIOR, Thomas Beard, SIOR and John Peebles represented Magnus in the transactions.

“Despite economic headwinds, we continue to see strong demand and short supply with leases being executed on speculative buildings either before developers break ground or while they are under construction,” said Salley, Managing Director in Colliers’ Columbia office. “Our team is working diligently to have the entirety of the park leased as Magnus goes full speed ahead on construction of three buildings.”

196,560 square feet remains available for lease at the 252,720-square-foot Gateway One building. Gateway One 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 building will be subdividable for users needing as little as 56,160 square feet of space.

“We are excited to welcome Givens and Mattress Warehouse as our first tenants in 803 Industrial Park,“ said Kevin Werner, Partner with Magnus Development. “Both companies recognized the benefits of the Park’s strategic location to CAE Airport, UPS, FedEx and Interstates 26 and 77. The demand from industrial users has been incredible and we intend to meet this demand by continuing to develop state-of-the-art, Class A 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.

“The creation of 803 Industrial Park has been instrumental in focusing efforts on providing numerous opportunities for industrial growth across the airport campus,” said Executive Director of CAE Mike Gula. “It’s exciting to see two major firms that rely on efficient logistics capitalizing on the unique location of the Columbia Metropolitan Airport to expand their businesses. We welcome both Givens and Mattress Warehouse to central ​ South Carolina.”