Updated Oct 15, 2026
200 Industrial Drive, LLC Acquires Industrial Property From Timberland Holding Company For $7M
200 Industrial Drive
$7,000,000
$82/SF
Building Size
84,550 SF
Asset Type
Industrial
Closing
Oct 14, 2026
About this deal
AI
The transaction involved the sale of an industrial property located at 200 Industrial Drive in Greenville, South Carolina, for a price of $7,000,000. The asset spans 84,550 square feet, with a price per square foot of $83. The property is fully leased to ProSource, consisting of 79,550 square feet designated as warehouse space and 5,000 square feet of office space.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,000,000
- Buyer: 200 Industrial Drive, LLC
- Seller: Timberland Holding Company, LLC
- Brokers: Gary Lyons, Rob Howell & Woodson Hunter - Avison Young; Leif Busby - Windsor Aughtry
- Market: Greenville, SC
- Square Footage: 84,550
- Price per Square Foot: $83
The sale was brokered by Avison Young, representing the seller, while Windsor Aughtry represented the buyer. The buyer executed a 1031 exchange to facilitate the transaction.
On the Map
$7,000,000
$82/SF
Industrial
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Players
Industrial Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93