ICM Signs Lease for 65% of New Development Project

(June 5, 2019) Spartanburg, SC – ICM Asset Management is pleased to announce that a 177,060 SF lease has been signed at its Spartan Ridge project, located in Spartanburg, South Carolina. The first phase of this project is now 65% leased.

Spartan Ridge is a two-phase state-of-the-art spec industrial development project strategically located in close proximity to BMW’s Spartanburg manufacturing campus, the Northfolk Southern Greer Inland Port, and Greenville-Spartanburg International Airport. The property has excellent access to I-85 (East-West: Atlanta, GA – Charlotte, NC) and I-26 (North-South: Asheville, NC – Columbia, SC).

“We have very excited with the leasing activity thus far at Spartan Ridge,” said Spencer Patton ICM’s Managing Director. “This lease validates our belief in this market, and our development partner’s ability to deliver an on-time and on budget project that appeals to new users.”

The property is the first of a multi-stage industrial development in the highly sought-after submarket of Greenville-Spartanburg. The developer of the project is The Rooker Company, a 47-year-old family run, full service real estate development company focused on industrial, business parks and government leased facilities across the United States.  Notable clients include The Home Depot, Ford, FedEx, Marriott and Mitsubishi.