Author: Alyse Howard

George McCutchen Represents Seller in $2.7 Million Purchase at 120 Glassmaster Rd.

Posted on by Alyse Howard
View Original Article on Columbia Regional Business Report

An exercise equipment company which purchased a Lexington facility in March is expanding operations.

Sorinex Exercise Equipment Inc. is investing $7 million in an expansion of its 120 Glassmaster Road facility expected to create 35 jobs. The expansion, expected to be completed within 12 months, will help the family-owned strength training equipment company meet increased demand, according to a news release from Central SC Alliance.

Sorinex has created custom exercise equipment and workout apparel for 40 years for customers ranging from high school, college and professional teams to military bases.

“Lexington County has been home to Sorinex Exercise Equipment Inc. and many of our employees for years,” Kenny Workman, Sorinex controller, said in the release. “We look forward to continuing our expansion, growth and investments in the county that we work and live in. We’re proud to have the opportunity to build the most innovative weight equipment in the world right here in Lexington, S.C.”

In March, the company bought a 97,000-square-foot industrial facility at 120 Glassmaster Road for $2.7 million as it relocated operations from West Palm Beach, Fla. That 8.32-acre facility is located on the same exit off Interstate 20 as the company’s headquarters and main manufacturing hub on Litton Drive.

Sorinex also has two smaller leased warehouses in the greater Columbia area.

Employment information is available on the company’s career page at https://www.sorinex.com/pages/career-opportunities.

“We are thrilled to see Sorinex Exercise Equipment Inc. expand its business and continue to invest in Lexington County,” Lexington County Council Chair Scott Whetstone said. “This investment will bring more job opportunities to our residents and allow the county to keep growing and moving in a positive direction.”

Walt Robinson of Wilson Kibler obtains prestigious CCIM designation

Posted on by Alyse Howard
Walt Robinson, CCIM

Walt Robinson, an associate in Wilson Kibler’s Upstate office, recently received the Certified Commercial Investment Member (CCIM) designation by the CCIM Institute, one of the world’s leading commercial real estate associations. Robinson specializes in industrial leasing and sales, as well as investment sales working with buyers, sellers, tenants, and landlords across the Upstate and South Carolina.

“Walt’s focus is on serving his clients and earning the CCIM designation will help him do that. We are proud of his work and this accomplishment,” said Ted Pitts, President & CEO of Wilson Kibler Commercial Real Estate.

The CCIM designation is awarded to commercial real estate professionals upon successfully completing a graduate-level curriculum and presenting a portfolio of qualifying experience. The curriculum addresses financial analysis, market analysis, user decision analysis, and investment analysis, the cornerstones of commercial real estate investment. CCIMs are recognized experts in brokerage, leasing, asset management, valuation, and investment analysis. Robinson is one of eight current Wilson Kibler associates with the CCIM designation.

Robinson earned the designation by passing the CCIM Comprehensive Examination, the final component in the designation process. According to CCIM Institute, fewer than 10 percent of commercial real estate investors and advisers hold the designation.

Wilson Kibler is a full-service commercial real estate firm headquartered in Columbia since 1987 with primary offices in Columbia and Greenville. Wilson Kibler provides a broad range of commercial real estate services across the state, including tenant and buyer representation, leasing, acquisition and disposition, property management, development, and consultation. Each of these services is staffed by highly regarded professionals focused on providing value for clients throughout all phases of an assignment.

Wilson Kibler is an Accredited Management Organization, and its professionals hold prestigious designations including CCIM, CPM, LEED GA, and SIOR. For more information visit www.www.wilsonkibler.com.

Since 1969, the Chicago-based CCIM Institute has conferred the Certified Commercial Investment Member designation to commercial real estate and allied professionals through an extensive curriculum of 200 classroom hours and professional experiential requirements. Currently, there are more than 9,000 CCIMs in 1,000 markets throughout the United States, Canada, and 30 additional countries. An additional 7,000 practitioners are pursuing the designation, making the institute the governing body of one of the largest commercial real estate networks in the world. An affiliate of the National Association of Realtors®, the CCIM Institute’s recognized curriculum, powerful technology tools, and networking programs impact and influence the commercial real estate industry. Visit www.ccim.com for more information.

Wilson Kibler Greenville brokers sale of 100 Exchange Logistics Park Dr. in Anderson County

Posted on by Alyse Howard

Wilson Kibler Greenville brokered the recent sale of 100 Exchange Logistics Park Dr. in Piedmont, SC. The ±289,000-square-foot Class A Industrial spec facility closed in March and was acquired by STAG Industrial, Inc. (NYSE: STAG), a real estate investment trust focused on the acquisition and operation of industrial properties throughout the United States.

“The Upstate industrial market continues to be extraordinarily strong. This project is an example of how developers, users and investors all see our region and Anderson County as a place to invest,” said Wilson Kibler’s lead industrial specialist, Givens Stewart, SIOR, who oversaw both the leasing and sale of the property.

Occupancy was around 80% at the time the property was acquired. STAG Industrial has retained Stewart and Wilson Kibler to lease the remaining ±64,424 square feet. For more information on this property and the available space, contact Givens B. Stewart, SIOR, at 864-350-3345 or gstewart@www.wilsonkibler.com.

About Wilson Kibler
Wilson Kibler is a full-service commercial real estate firm with offices in Columbia and Greenville. Wilson Kibler provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, leasing, acquisition and disposition, property management, development, and consultation. Each of these services is staffed by highly regarded professionals focused on providing value for clients throughout all phases of an assignment. Wilson Kibler is an Accredited Management Organization, and its professionals hold prestigious designations including CCIM, CPM, LEED GA, MCR, and SIOR. For more information visit www.www.wilsonkibler.com.

About STAG Industrial, Inc.
STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, ownership, and operation of industrial properties throughout the United States. As of December 31, 2021, the Company’s portfolio consists of 544 buildings in 40 states with approximately 108.6 million rentable square feet. For additional information, please visit the Company’s website at www.stagindustrial.com.

Wilson Kibler Commercial Real Estate announces $2 million sale in Kershaw County

Posted on by Alyse Howard

Wilson Kibler, a full-service commercial real estate firm headquartered in Columbia since 1987, is pleased to announce the recent sale of 185 W Jones Lane in Kershaw County. George McCutchen, CCIM, SIOR, of Wilson Kibler represented the seller in the $2 million transaction.

Building materials supplier 84 Lumber purchased the ±89,366 SF industrial building on ±17.4 acres with plans to open a new truss plant to adapt to growing demand in the construction market. Founded in Pennsylvania more than 65 years ago, 84 Lumber is the leading supplier of building materials, supplies, and manufactured components for both commercial and residential uses with more than 250 locations nationwide.

About Wilson Kibler

Wilson Kibler is a full-service commercial real estate firm with offices in Columbia and Greenville. Wilson Kibler provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, leasing, acquisition and disposition, property management, development, and consultation.  Each of these services is staffed by highly regarded professionals focused on providing value for clients throughout all phases of an assignment. Wilson Kibler is an Accredited Management Organization, and its professionals hold prestigious designations including CCIM, CPM, LEED GA, MCR, and SIOR. For more information visit www.www.wilsonkibler.com. 

About 84 Lumber

Founded in 1956 and headquartered in Eighty Four, Pennsylvania, 84 Lumber Company is the nation’s largest privately held supplier of building materials, manufactured components and industry-leading services for single- and multi-family residences and commercial buildings. The company operates more than 250 stores, component manufacturing plants, custom door shops, custom millwork shops and engineered wood product centers in over 30 states. 84 Lumber also offers turnkey installation services for a variety of products, including framing, insulation, siding, windows, roofing, decking and drywall. A certified national women’s business enterprise owned by Maggie Hardy Knox, 84 Lumber was named by Forbes as one of America’s Largest Private Companies in 2018 and 2020, and one of America’s Best Large Employers in 2019. For more information, visit www.84lumber.com.

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Wilson Kibler releases Q4 2021 Columbia Industrial Report

Posted on by Alyse Howard

The overall vacancy rate in the Columbia industrial market holds steady at 4.3% compared to 4.2% in the previous quarter.

Average asking rental rates were also largely unchanged this quarter at $4.33/SF, but many forecasts predict an increase moving forward due to heightened demand and increasing construction costs. The Society of Office and Industrial Realtors (SIOR) recently predicted rents could rise anywhere from 15 to 40 percent in the next 18 months.

Three industrial buildings totaling ±193,940 SF are currently under construction in the Columbia market. The largest project is ±181,440 SF warehouse building in the Lexington County Industrial Park, home to Unum, Husqvarna, and the Home Depot. CED Greentech, one of the nation’s leading solar equipment distributors, leased ±68,040 SF ahead of the building’s expected delivery in first-quarter 2022 and ±113,400 SF remains available.

Click here to view the full report.

Wilson Kibler Looks to Retailsphere to Fill Data Gaps

Posted on by Alyse Howard 
Representing more than 2,200 shopping centers, Wilson Kibler sees Retailsphere as a tool to more quickly fill their vacancies.

Salt Lake City, UT | With growing vacancies across their portfolio of shopping centers, Wilson Kibler has turned to Retailsphere to help them identify and reach out to prospective retailers to fill these spaces.

While access to Retailsphere’s growing database is already a huge benefit, they’ve found that leveraging Retailsphere’s concierge outreach team helps them identify unique opportunities for their spaces. Plus, when a retailer is identified as expanding, they leverage those new notifications to reach out and start a conversation immediately.

Overall, Wilson Kibler is finding ways to leverage Retailsphere’s world-class research team to make sure they’re finding emerging regional and local retailers to fill spaces alongside large national brands, a retailer mix that is sure to be a winner.

About Wilson Kibler: Founded in 1987, Wilson Kibler has a proven track record of success in South Carolina. Their team provides a range of commercial real estate services including Buyer Representation, Seller Representation, Landlord Representation, Tenant Representation, Investment Property Brokerage Services, and Property Management. About Retailsphere Founded in 2018, Retailsphere is the best all-in-one platform for prospecting, analyzing, and un-derstanding data within the retail industry. Our industry leading database includes information on large national brands, exciting regional concepts, and small local trendsetters. Plus, our simple CRM and outreach automation helps CRE pros take action quickly and strategically. Increase your deal flow. Improve your network. Empower your career. Retailsphere is modernizing the way the retail industry connects.

Wilson Kibler Greenville relocates to Central Business District

Posted on by Alyse Howard

Wilson Kibler, a full-service commercial real estate firm founded in 1987, announced the relocation of its Greenville office to a more centralized location at 13 E. Coffee Street in the heart of Greenville’s central business district.

According to the office’s Managing Director Edward Wilson, CCIM, SIOR, MCR, “Downtown Greenville has a distinct energy and possesses an entrepreneurial spirit that matches that of Wilson Kibler.  The Company is coming off the strongest year in our history, so this move at this time just made a lot of sense.”

Wilson Kibler’s new Upstate office at 13 E Coffee Street in Greenville

Ted Pitts, President, and CEO of Wilson Kibler said, “Downtown Greenville is known as one of the best locations for business in the world and provides Wilson Kibler real opportunities for growth.  The move ultimately helps us better serve our clients and helps us recruit the talent we need to better serve our clients.” 

Wilson Kibler Greenville is a full-service commercial real estate firm with a comprehensive approach to leasing, sales, development, investments, and property management. For more information, or to view Wilson Kibler’s latest listings, please visit www.www.wilsonkibler.com.

Wilson Kibler managing partner obtains prestigious MCR designation

Posted on by Alyse Howard

Wilson Kibler announced today, Edward Wilson, CCIM, MCR, a managing partner in the company’s Greenville office, now holds the prestigious Master of Corporate Real Estate (MCR) designation awarded by CoreNet Global.


CoreNet Global’s MCR is one of commercial real estate’s most esteemed designations. It was established in 1982 as a comprehensive career development program that helps teach skills focused on critical business issues and the mission of the corporate real estate organization in relation to corporate goals.


The curriculum includes workplace strategies, enterprise alignment, corporate real estate finance, among other courses. CoreNet designed the program to help both corporate real estate teams and external service providers maximize the use of real estate to meet a corporation’s requirements by integrating portfolio strategies, flexible planning, and other considerations.


“Though I have worked through corporate mergers and acquisitions — with both large and small companies — prior to the MCR program, I am confident the strategies imparted by CoreNet’s knowledgeable staff and my peers within the program will maximize my ability to create strong outcomes for our corporate clients,” said Wilson.
Wilson specializes in office leasing and sales, assisting buyers, sellers, tenants, and property owners across the South Carolina market. He is also a Certified Commercial Investment Member (CCIM), which is another highly regarded designation in the industry.


Wilson Kibler is a full-service commercial real estate firm headquartered in Columbia since 1987. Now with offices in Columbia and Greenville, Wilson Kibler provides a broad range of commercial real estate services across the Southeast, including tenant and buyer representation, leasing, acquisition and disposition, property management, development, and consultation. Each of these services is staffed by highly regarded professionals focused on providing value for clients throughout all phases of an assignment.


Wilson Kibler is an Accredited Management Organization, and its professionals hold prestigious designations including CCIM, CPM, LEED GA, MCR and SIOR. For more information visit www.www.wilsonkibler.com.

Griffin Chophouse Group lands sought after Devine Street location

Posted on by Alyse Howard

Griffin Chophouse, the popular Lexington steakhouse and butcher shop, announced plans today to redevelop the former Dark Horse Tattoo building at 2244 Devine St. into its newest Midlands location. The property will undergo extensive renovations to include a large outdoor dining area and ample on-site parking.

Award-winning Chef Henry Griffin says he is thrilled to bring the chophouse experience to the Devine Street-Cross Hill area with signature items such as Certified Angus Beef (CAB) dry-aged steaks, a wide array of BBQ, ribs, seafood, and salads, as well as the restaurant’s popular brisket candy.

Griffin Chophouse Devine will have a full bar and plans to host monthly beer, wine, and liquor pairings in addition to daily lunch specials.

Demolition and construction are underway, and according to the restaurant, its newest location is expected to open its doors in April 2022.

Boo Kibler Moca and James Rogers of Wilson Kibler represented the landlord while Liz Deese with Scott Davis Coldwell Banker Commercial represented the tenant.