New Tenants Signed for Exchange Logistics Park at I-85, One of Two Industrial Parks VanTrust is Developing in the Region
VanTrust Real Estate, LLC is pleased to announce that two additional tenants have signed leases for its first industrial development project in South Carolina — Exchange Logistics Park at I-85. In building one, Bosch, a leading global supplier of technology and services, will occupy 96,000 square feet, while CHEP USA, a supply chain partner of many well-known brands and companies, will move into 80,000 square feet of space. This will bring the occupancy of building one to 80 percent.
Located at 100 Exchange Logistics Park Drive in Anderson County, VanTrust now plans to break ground on buildings two and three at the park, which will be 150,000 square feet and 346,000 square feet respectively. Construction is set to begin within the next 60 days, with completion expected in the third quarter of 2022. The Exchange Logistics Park at I-85 is the first of two industrial parks VanTrust is developing in the region.
“We are thrilled to welcome these internationally known companies into the first building at Exchange Logistics Park at I-85,” said Andy Weeks, executive vice president of VanTrust. “The quick lease-up of this building is a testament to the strength of Anderson County, and we look forward to expanding the park by building two additional buildings.”
VanTrust chose the Upstate region for its first South Carolina project as its strategically located between Charlotte and Atlanta. The region has grown tremendously over the last decade, and the company expects continued growth over time. VanTrust also anticipates that its two South Carolina industrial parks will have a positive impact on the overall economic growth of the region.
“This high-quality building fits both the image and technical requirements of Bosch,” said Daniel Wurst, Corporate Real Estate, Bosch. “VanTrust was a great partner throughout the entire process, and we are excited to open our new operation and expand our footprint in the Upstate.”
Chris McGivern, head of real estate in North America for CHEP USA, noted, “The industrial park that VanTrust has developed in Anderson County is exactly what CHEP was looking for. The excellent location along I-85 and the proximity to a strong labor force will allow us to provide excellent service to our customers, which is always CHEP’s highest priority.”
Anderson County welcomes VanTrust’s expansion into the region. “Upon hearing this wonderful news about VanTrust’s latest expansion, I was reminded of the tremendous faith the company showed in our community when they first arrived and invested in their first building,” said District Six Councilman Jimmy Davis. “Now, as we work together as a county and a nation to move forward in the aftermath of the pandemic, I am gratified that VanTrust continues to have faith in Anderson County and that they believe their investment here is well placed.”
The general contractor for Exchange Logistics Park at I-85 is Harper Construction, with McMillan Pasdan Smith the architect and Seamon Whiteside the civil engineer. VanTrust’s broker is Givens Stewart, SIOR Wilson Kibler. Brian Young at Cushman, Wakefield is Bosch’s broker, while Jeff Benedict, CBRE, is the broker for CHEP.