News Summary
Stroud Supply has secured a 62,812-square-foot warehouse in West Columbia to support its growth in the building materials industry. The lease, facilitated by Colliers South Carolina, highlights increasing demand for industrial real estate in the area. With this new facility, Stroud Supply aims to enhance its inventory and logistics capabilities, following its recent expansion into North Charleston. This move signifies both company growth and broader trends in the regional industrial real estate market, which is witnessing a surge in demand.
South Carolina
Stroud Supply has announced the lease of a new 62,812-square-foot warehouse located at 150 Queen Parkway in West Columbia. This strategic move aims to support the company’s ongoing growth and expansion plans within the building materials industry.
The lease agreement was facilitated by a team from Colliers South Carolina, including brokers Chuck Salley, Thomas Beard, and John Peebles. Colliers South Carolina represented the property owner, Crown Point Properties, in this transaction, highlighting the increasing demand for industrial real estate in the West Columbia region.
Stroud Supply specializes in providing a wide range of building materials, including products such as windows, doors, flooring, cabinets, and millwork. Their diverse inventory consists of both new construction and replacement windows, ready-to-assemble cabinets, sinks, faucets, and various door types. With the new warehouse, the company seeks to enhance its inventory space, thus better accommodating its growing operations.
This recent lease follows Stroud Supply’s expansion into North Charleston earlier in 2023, where the company opened a second location to further increase its market reach. The additional space at Queen Parkway will enable Stroud Supply to scale its inventory and improve logistics, ultimately allowing for enhanced service delivery to its customers.
The decision to lease the West Columbia warehouse aligns with broader trends in the area, as professionals from Colliers South Carolina have observed a rising demand for well-located industrial spaces across the Midlands. The brokerage team, which boasts over 60 years of collective experience in industrial brokerage within the Columbia office, underscores the significance of this demand and its implications for regional development.
The West Columbia market has seen considerable activity as businesses seek locations that offer both accessibility and the capability to support logistical needs. The lease of the Queen Parkway property exemplifies the vibrant industrial real estate landscape that is currently shaping the area. Such developments contribute to the economic vitality and expansion opportunities for companies like Stroud Supply, allowing them to better serve their clients and sustain growth in the competitive building materials sector.
As the demand for building materials continues to rise, Stroud Supply’s strategic expansion projects are likely to play a crucial role in meeting customer needs and enhancing operational efficiency. The company’s commitment to expanding its facilities with the new warehouse underscores its positioning for future growth in the region.
This transaction not only marks a significant milestone for Stroud Supply but also reflects the broader trends in the industrial real estate market of West Columbia, paving the way for further investments and developments in the area.
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Author: STAFF HERE FLORENCE WRITER
FLORENCE STAFF WRITER The FLORENCE STAFF WRITER represents the experienced team at HEREFlorence.com, your go-to source for actionable local news and information in Florence, Florence County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Florence Festival of Lights, Pee Dee Pride, and agricultural expos at the Florence Center. Our coverage extends to key organizations like the Florence Regional Chamber of Commerce and the Pee Dee Area Council of Governments, plus leading businesses in healthcare and retail that power the local economy such as McLeod Health and Pee Dee Electric Cooperative. As part of the broader HERE network, including HERECharleston.com, HEREColumbia.com, HEREGreenville.com, and HEREHiltonHead.com, we provide comprehensive, credible insights into South Carolina's dynamic landscape.
