814K-SF Spartanburg Industrial Park Trades for $99.5M
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed industrial deal value tracked in August 2026: $5.2B across 34 reported transactions. All Industrial coverage →
Computed from Real Estate Trail’s own tracked coverage
Brennan Investment Group and Grandview Partners sold Crossroads Logistics Park, an 814,000 square foot industrial campus in Spartanburg, SC. The sales price was $99.5 million. Commercial Search reports that Invesco Re…
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