SPEC INDUSTRIAL FACILITY TO BREAK GROUND IN SOUTHCHASE BUSINESS PARK

FOUNTAIN INN, S.C. — Special-purpose entity TDI-Southchase has acquired a 40-acre site in the Southchase Business Park in Fountain Inn, about 20 miles southeast of Greenville. The buyer is planning a 250,000-square-foot industrial light manufacturing or distribution facility at the site. NAI Earle Furman is leading the development, marketing and management services for the project. Atlanta-based TPA Group, whose principals lead TDI-Southchase, is providing investment and capital services. TDI-Southchase plans to either sell the facility or lease it to one, two or three tenants upon completion. The project team includes Atlanta-based architect Wakefield Beasley & Associates and Greenville-based civil engineer Bluewater Civil Design. The facility will break ground this spring and wrap up construction in the first quarter of 2015.