News Summary
Stroud Supply has signed a lease for a new warehouse at 150 Queen Parkway, West Columbia, spanning 62,812 square feet. This expansion aims to strengthen the company’s inventory capabilities in the growing building materials sector. The brokerage team from Colliers South Carolina facilitated the transaction, underscoring the rising demand for industrial spaces in the region. The new facility will allow Stroud Supply to enhance its logistics and product distribution, catering to customers’ needs in the greater Columbia area and beyond.
South Carolina – Stroud Supply has entered into a lease agreement for a new warehouse located at 150 Queen Parkway in West Columbia, covering approximately 62,812 square feet. This expansion is strategically aimed at enhancing the company’s inventory capabilities as it continues to grow in the building materials sector.
The leasing transaction was facilitated by the brokerage team from Colliers South Carolina, specifically by brokers Chuck Salley, Thomas Beard, and John Peebles. Their expertise proved vital in representing Crown Point Properties, the owner of the location, and securing a tenant that aligns with the property’s potential. The demand for industrial spaces in the area has surged, confirming the strategic importance of this lease.
Stroud Supply specializes in a variety of building materials which include windows, doors, flooring, cabinets, and millwork. The new warehouse will enable the supplier to stock a comprehensive range of products tailored for both new construction and renovation projects. Key items to be available include new construction and replacement windows, sliding glass doors, ready-to-assemble cabinets, sinks, faucets, tubs, and multiple types of interior and exterior doors.
This new lease follows Stroud Supply’s recent expansion earlier this year, which involved the opening of a second location in North Charleston. The decision to move into the West Columbia warehouse is driven by the company’s ongoing growth, necessitating a space where they can store an increased inventory of their building materials.
Located conveniently near major highways I-26, I-20, and I-77, the new West Columbia site provides strategic access to the greater Columbia area as well as surrounding markets, including Charlotte, Charleston, and Greenville. This geographical advantage is expected to enhance logistics and product distribution for Stroud Supply, further supporting their objective to increase productivity and operational efficiency.
The experienced brokerage team at Colliers South Carolina brings over 60 years of collective experience in industrial real estate to the table, specializing in leasing, sales, build-to-suit projects, site acquisition, investment sales, and consulting services. The leasing of the West Columbia warehouse illustrates their commitment to matching clients with properties that not only meet their needs but also contribute to the economic vitality of the region.
The expansion of Stroud Supply not only signifies the company’s growth, but it also demonstrates the vibrant demand for building materials amidst the ongoing development in South Carolina. The firm continues to solidify its presence in the market, ensuring they are well-positioned to serve both residential and commercial customers with a wide array of high-quality products.
As Stroud Supply prepares to move into the new facility, they anticipate that the additional space will greatly enhance their ability to meet increasing customer demands, further solidifying their reputation in the building materials industry. The strategic lease marks a significant step towards bolstering their service capabilities and fulfilling their commitment to customer satisfaction.
Deeper Dive: News & Info About This Topic
- Columbia Business Report: Stroud Supply Warehouse Lease
- Wikipedia: South Carolina
- Colliers: Warehouse Lease in West Columbia
- Google Search: South Carolina Construction Industry
- Columbia Business Report: Riverfront Park Construction
- Google Scholar: Building Materials Industry South Carolina
- The State: Local News
- Encyclopedia Britannica: Building Materials
- The State: Local News Article
- Google News: Warehouse Leases South Carolina
Author: STAFF HERE GREENVILLE
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