CM Knight Logistics acquires and rebrands Anderson industrial facility
JLL Carolinas represents buyer of Anderson Industrial & Logistics Pointe
Anderson, S.C., Feb, 25, 2019 – CM Knight Logistics, a logistics and supply chain company based in Simpsonville, S.C., has acquired the former LaFrance Industries manufacturing facility and rebranded it as Anderson Industrial & Logistics Pointe.
The 405,000-square-foot facility is located on 45 acres at 290 Old Anderson Road and was sold by Mauldin-based Mount Vernon Mills, the parent company of LaFrance Industries. A domestic manufacturer that produces fabrics for paint rollers and for seating surfaces, LaFrance Industries has leased back 120,000 square feet at the facility, making 288,000 square feet available for lease.
Fenced with gated access, the property features 1,900 square feet of frontage on U.S. 76 and offers easy access to Interstate 85 and close proximity to Clemson University and major manufacturers such as Arthrex and Michelin.
Perry Major with JLL represented CM Knight Logistics on the $7.7 million acquisition, and Robert Poirier with Stan Johnson Co. represented the seller. Major and JLL’s Spencer Yorke will market the available space at Anderson Industrial & Logistics Pointe, which will undergo a series of upgrades for new tenants.
“With very little industrial space available in the Anderson market, this is a unique opportunity to reposition a large, well-located facility for today’s industrial users,” said Major, a Senior Vice President with JLL Carolinas.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 91,000 as of March 31, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.