Keith Corp. Completes 900 KSF Spec Industrial Project

JLL has been selected as sales representative for the South Carolina property.

Upstate Trade Center

Upstate Trade Center rendering. Image courtesy of Frampton Construction Co.

The Keith Corp. has completed Upstate Trade Center, a 907,400-square-foot speculative industrial campus in Greenville, S.C. The company began construction on the two Class A buildings in January 2022, marking the developer’s first foray into the Greenville-Spartanburg market. Frampton Construction Co. served as general contractor, Merriman-Schmitt Architects oversaw design services and Thomas + Hutton was the civil engineer.

Frampton is also set to serve as general contractor for Stonemont Commerce Park 840, another two-building industrial project. Developed by Stonemont Financial Group, the campus will comprise 1.4 million square feet in Murfreesboro, Tenn., upon its 2024 completion.

An industrial campus in a solid market

Upstate Trade Center came online on nearly 80 acres at the intersection of Matrix Parkway and Augusta Road. The 640,640-square-foot Building 1 has 36-foot clear heights and a cross-dock design, while the 266,760-square-foot Building 2 has 32-foot clear heights and a rear-loading layout. The property features ESFR sprinklers and LED lighting, as well as a total of 628 car parking spaces and 247 trailer parking spaces. A JLL team handles leasing and also serves as sales representative for the campus.

The property is just west of Donaldson Airport and less than 2 miles from Interstate 185, with downtown Greenville some 9 miles north. The location is also less than 2 miles from a 140-acre speculative industrial project developed by SunCap Property Group and the Real Estate business within Goldman Sachs Asset Management.

Situated between Atlanta and Charlotte, Greenville-Spartanburg has a strong industrial market with an impressive pipeline. According to CommercialEdge, more than 20.1 million square feet of space were under construction as of February; another 63.6 million square feet were in the planning and prospective stages.