Spartanburg, October 1, 2025
News Summary
Crossroads Logistics Park in Spartanburg has reached full occupancy with a leading manufacturer signing a long-term lease for its 477,360-square-foot Class-A building. This milestone highlights the robust growth of the Greenville-Spartanburg industrial market, characterized by a significant increase in warehouse leasing and a growing demand for industrial space in the region. Local officials are responding to the high demand by initiating new construction for speculative industrial buildings, ensuring continued economic development despite current supply chain challenges.
Spartanburg – The largest building at Crossroads Logistics Park in Spartanburg County has reached full occupancy, as a leading manufacturer has signed a long-term lease for its 477,360-square-foot Class-A building. The announcement by commercial real estate company JLL on September 30 highlights the ongoing strength of the Greenville-Spartanburg industrial market.
Crossroads Logistics Park, located at 171 International Park Drive, is comprised of three Class-A buildings, totaling over 800,000 square feet of warehouse space. This recent development is part of a larger economic growth initiative in Spartanburg County, which is facing an increasing demand for industrial space.
Over the past year, the Greenville-Spartanburg industrial market has experienced significant growth, with over 11 million square feet leased, marking a 45% increase compared to the previous year. It is indicative of the rising interest and investment in the region, particularly among automotive suppliers because of its proximity to major manufacturers such as BMW, Milliken, and Michelin.
Local officials emphasize the necessity for more speculative buildings due to the area currently experiencing zero availability of industrial space. To address this need, ground has been broken on the first of three speculative buildings totaling 813,000 square feet to support continued economic development in the region. The construction time for such speculative buildings generally ranges from six months to a year. Efforts like these are part of a broader economic development strategy that helped secure 44 projects in 2021, which resulted in a capital investment of $1.9 billion and the creation of 4,045 jobs.
However, economic factors such as supply chain issues and global geopolitical events are injecting uncertainty into construction costs and the availability of materials, which local developers like Brennan Investment Group are monitoring closely. This Chicago-based firm is committed to acquiring and developing industrial facilities nationwide, while their partners, CBRE and J.M. Cope Construction, also play crucial roles in the development of Crossroads Logistics Park.
The park itself benefits from a prime location, situated within half a mile of Interstate 85 and four miles from Interstate 26, making it highly attractive for logistics and manufacturing operations.
In summary, with full occupancy at the largest building of Crossroads Logistics Park and a burgeoning industrial market in the Greenville-Spartanburg area, the prospects for economic growth continue to look promising amid the challenges of construction and supply chain dynamics.
FAQ
What is the size of the largest building at Crossroads Logistics Park?
The largest building at Crossroads Logistics Park is 477,360 square feet.
When did JLL announce the full occupancy of the building?
JLL announced the full occupancy of the building on September 30.
How much warehouse space does Crossroads Logistics Park contain in total?
Crossroads Logistics Park contains over 800,000 square feet of warehouse space across three Class-A buildings.
What was the percentage increase in leasing events in the Greenville-Spartanburg industrial market over the past year?
The Greenville-Spartanburg industrial market has seen a 45% increase in leasing over the past 12 months.
What is the estimated number of jobs created from the 44 projects landed in 2021?
The 44 projects landed in 2021 resulted in the creation of 4,045 jobs.
Why is there a need for more speculative buildings in Spartanburg County?
Local officials emphasize the area’s need for more speculative buildings due to current industrial space being at zero availability.
Key Features of Crossroads Logistics Park
| Feature | Details |
|---|---|
| Location | 171 International Park Drive, Spartanburg County |
| Largest Building Size | 477,360 square feet |
| Total Warehouse Space | Over 800,000 square feet |
| Recent Leasing Growth | 45% increase in leasing over the past year |
| Jobs Created in 2021 | 4,045 jobs |
| Proximity to Highways | Half a mile from Interstate 85, four miles from Interstate 26 |
| Construction Time for Spec Buildings | Typically ranges from six months to a year |
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Additional Resources
- Upstate Business Journal: JLL Announces Long-term Lease
- GoUpstate: Crossroads Logistics Park Expected to Attract Auto Suppliers
- GSA Business: First Spec Building Completed at Anderson County Logistics Park
- Greenville Business Magazine: Rockefeller Group Developing Distribution Center
- Encyclopedia Britannica: Logistics
Author: STAFF HERE GREENVILLE
The HERE Greenville Staff Writers are a collaborative team of journalists, editors, and local contributors passionate about delivering accurate, timely information to the Greenville community. As part of the HEREcity.com Network, which powers over 100 U.S. city sites including HEREcolumbia.com, our staff draws on collective experience in South Carolina journalism to cover everything from business sales and real estate developments to dining deals and community initiatives. Our Expertise and Background Local Roots in Greenville Our team includes lifelong Greenville residents and SC natives with deep knowledge of the area’s history, economy, and culture. We’ve covered key events like the recent sales in the Heritage Historic District 17 , Greenville’s textile and railroad heritage 2 , and growth in local education sectors (e.g., Greenville Technical College programs) 27 . Collective Experience With over 50 combined years in journalism, our staff has backgrounds in print, digital media, and community reporting. We prioritize fact-based stories, drawing from sources like the Greenville Chamber of Commerce, city government records, and on-the-ground interviews. Commitment to Quality Every article is a group effort, involving research, editing, and verification to ensure reliability. We adhere to journalistic standards, citing credible sources and updating content as new details emerge.
