CHAMBERS STREET ACQUIRES SOUTH CAROLINA INDUSTRIAL PROPERTY

SPARTANBURG, S.C. — Chambers Street Properties has acquired a 156,800-square-foot industrial property, located at 1200 Woods Chapel Road near Spartanburg. The property is located one mile from Interstate 85 and two miles from the Greenville-Spartanburg Airport. The project sits on a 32.5-acre parcel and is expandable to 273,000 square feet. With this purchase, Chambers Street now owns more than 2.1 million square feet of warehouse/distribution space in the Spartanburg area. Chambers Street purchased the property through its affiliate, RT Woods Chapel LLC. Virginia Wright of Atlanta-based Bull Realty represented the buyer in the transaction. Dick Merritt of Greenville, S.C.-based Merritt and Co. represented the seller, ACPS LLC. Lear Operations Corp, a supplier of plastic automotive components, occupies the plant.