Upstate Trade Center - Building 2 — Sale in Piedmont, SC
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Piedmont, SC 29673
- Year built: 2022
Photos
Description
Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, has been retained to market the opportunity to acquire the fee simple interest in Upstate Trade Center – Building 2 (the "Project" or “Offering”), a 266,777 SF Class A logistics facility in Piedmont, South Carolina. Currently 100% leased to two (2) publicly traded tenants with 7.9 years of WALT, the Project provides investors with stable in-place cash flow supported by strong contractual yield expansion via 3.71% weighted average annual escalators. Delivered in 2022, the Offering boasts an abundance of institutional-quality features including 32' clear heights, ESFR sprinklers, motion-activated LED lighting, among many others. Additionally, the Project is positioned less than three (3) miles from I-185 and approximately 4.2 miles from I-85, providing direct access to the entirety of the Southeast and Greenville-Spartanburg's major demand drivers including Inland Port Greer and the Greenville-Spartanburg International Airport (GSP). Overall, Upstate Trade Center – Building 2 presents investors with an opportunity to acquire a 100% Class A logistics asset with 7.9 years of WALT, backed by publicly-traded, national tenancy in the high-growth Greenville-Spartanburg industrial market.
Market Context
This industrial in Piedmont, SC is listed for sale. The building dates to 2022. Compare it against other industrial listings for sale in Piedmont, SC — view the full market.
As of Q1 2026, the Greenville industrial market showed average asking rents near $6.19/SF/yr, and rents up 3.7% year over year. Source: multiple brokerage reports, Q1 2026.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Contact
- Michael Scarnato · 7045262829 · michael.scarnato@jll.com
- Pete Pittroff · 7049069943 · pete.pittroff@jll.com
- Dave Andrews · 8438055110 · david.andrews@jll.com
- Michael Lewis · 7046782370 · michael.lewis@jll.com
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