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Subsidiary of Fortune 500 company leases West Columbia spec building > Columbia Business Report

A subsidiary of a Fortune 500 company has leased a speculative building in a Columbia industrial park.

Colliers South Carolina brokers Chuck Salley, Dave Mathews, Thomas Beard and John Peebles represented Saxe Gotha Spec LLC/Cypress Development in the lease of a 43,750-square-foot speculative industrial building at 225 Old Wire Road in West Columbia, to WESCO Distribution Inc., a news release stated.

”Our team was pleased to represent Cypress Development to lease its first speculative industrial development,” said Salley in the release. “While marketing this property for Cypress, we realized that there is pent-up demand for freestanding industrial properties of this size as they are a rare commodity in the current market.”

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