Stotan Industrial and Singerman Real Estate have acquired a 77.58-acre site at 905 Caterpillar Drive in Rock Hill, South Carolina, for the development of Crossroads @ Rock Hill, a three-building industrial park totaling approximately 942,000 square feet. The property sold for $12 million.

Located less than one mile from a full I-77 interchange and approximately 30 minutes south of Charlotte, Crossroads @ Rock Hill will provide access to one of the Carolinas’ primary manufacturing and logistics hubs.

The project will be developed in two phases. Phase I will include a 435,000-square-foot cross-dock building and a 273,000-square-foot rear-load building, while Phase II will add a 234,000-square-foot rear-load building. All three buildings will feature 36-foot clear heights, and the park will provide approximately 333 trailer stalls and 908 automobile parking spaces.

Stotan secured the site through a competitive marketing process led by JLL’s brokerage team. JLL’s Rich Grieder, John Kincaid, Matthew Greer and Brad Cherry will lead leasing efforts, with Graycor serving as general contractor.

The post Stotan Closes on Rock Hill Parcel for 942K-SF Warehouse Venture appeared first on Connect CRE.

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