FUJIFILM North American Campus
Phoenix Traders has bought the FUJIFILM North American Campus in Greenwood, S.C. The vendor leased again some 50 p.c of the 11-building, 2.7 million-square-foot property, planning to maintain greater than 300 staff on the location. Leases for 1.4 million sq. toes of house will probably be marketed to new tenants.
In ready remarks, Frank Crivello, founder & chairman of Phoenix Traders, stated that the campus represents the corporate’s first acquisition in South Carolina, with hopefully extra to come back.
The deal got here neck in neck with one other massive Phoenix Traders purchase. The agency just lately acquired a 3 million-square-foot property that when was the world’s largest tire manufacturing plant.
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The five hundred-acre Greenwood campus has been house to FUJIFILM Manufacturing U.S.A. since 1988 and it was beneath improvement till 2005. The property options clear heights as much as 72 toes, 142 dock doorways, 17 drive-in doorways and greater than 2,000 parking areas.
Binswanger’s James Medbery, Shaun Kirchin and Doug Faris brokered the deal that closed shortly after FUJIFILM invested $188 million into a brand new cell tradition manufacturing facility in North Carolina. Situated in Analysis Triangle Park, the 250,000-square-foot property is anticipated to open in early 2025.
