Flex warehouse buildings going up in Fort Mill

Two new flex warehouse buildings are coming to the Bailes Ridge corporate park in Fort Mill, South Carolina, according to a press release from developer MPV Properties.

Atlanta-based real estate company REO Asset Strategies has purchased 10.59 acres fronting Old Bailes Road with plans to build two 55,000-square-foot buildings. The buildings will likely be used for light manufacturing, assembly or a warehouse with a small office component, according to the release.

Garett Backman, developer and principal of REO, said in the release, “We love the quality of Bailes Ridge corporate park and the opportunity to create a beautiful and functional space for the tenants who need nice office and warehouse space in one location.”

Clearing and grading site work has begun on the property. Bay sizes for the warehouses will start at 2,340 square feet, according to the release.

Mike Bilodeau with MPV Properties manages sales for Bailes Ridge, and represented the owner in this transaction.

George Linville, of Linville Real Estate Services LLC, represented the buyer and will be handling the leasing and marketing of the building.

“The growth of Ballantyne, the northern neck of Lancaster County, and the Fort Mill area, has left a void of smaller flex space in the market,” Lineville said in the release. “This project will fill that void for quality office/warehouse space at a competitive price.”