LIBERTY TO BREAK GROUND ON TWO INDUSTRIAL PROJECTS IN SOUTH CAROLINA

GREER, S.C. — Liberty Property Trust plans to break ground on two properties totaling 312,000 square feet in Caliber Ridge Industrial Park in Greer, roughly 12 miles northeast of Greenville. The assets are located at 120 and 140 Caliber Ridge Drive, near I-85 and Highway 101 in close proximity to Greer’s new inland port. The 156,000-square-foot facility at 140 Caliber Drive is a build-to-suit for Bosch Security Systems. The 156,000-square-foot 120 Caliber Drive facility is a speculative property, but Pilot Freight has pre-leased 41,600 square feet at the project. Both assets are expected to be delivered by the end of the year. Brian Young, Elliott Fayssoux and Kacie Jackson of Cushman & Wakefield | Thalhimer, along with Bryan Blythe of Liberty Property Trust, served as the landlord representation for the two lease transactions. Charlie Whitmire of Cushman & Wakefield | Thalhimer and Kent Ilhardt of Cushman & Wakefield’s Chicago office represented Bosch Security Systems, and Frank Larsen, Trey Pennington and Ryan Koop of CBRE represented Pilot Freight.