Magnus Development Partners and Columbia Metropolitan Airport announce 803 Industrial Park, a new speculative industrial development adjacent to CAE. The park will consist of nearly one million square feet total and Magnus will break ground on Building One, a 204,120 SF building in early 2021.
803 Industrial Park is unique from competing properties in its multimodal capabilities; the park is adjacent to CAE, the UPS regional air hub, UPS ground hub, FedEx Freight, and Norfolk Southern transload rail terminal. Additionally, the site is 1 mile from I-26 with easy access to surrounding markets via I-77, I-20 and I-95 and within two hours of the port of Charleston.
“803 Industrial Park is the Columbia market’s most versatile industrial development,” said Kevin Werner of Magnus Development. “We are excited about our flourishing partnership with CAE and look forward to the economic impact this development will bring to the central South Carolina region, resulting in new businesses and job creation.”
“Without a doubt, this partnership will capitalize on the expansive, underdeveloped land in and around the Columbia Metropolitan Airport,” said CAE Executive Director, Mike Gula. “With the experience and industry knowhow that both Magnus Development Partners and Colliers International bring to the table, the economic possibilities and regional benefits are endless.”
Colliers International | South Carolina’s industrial brokerage team of Chuck Salley, SIOR, Dave Mathews, SIOR, Thomas Beard and John Peebles have been hired for the leasing of the development. The team is the leading industrial brokerage team in central South Carolina, specializing in leasing, user sales and investment sales of industrial properties.
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