Updated Sep 17, 2026
Christian Goebel & Alin Sigheartau Of Manova Partners Acquire 1,020,195 Square Foot Facility In Spartanburg From Daniel J. Moore
2536 Chesnee Highway
Building Size
1,020,195 SF
Asset Type
Industrial
Closing
Sep 17, 2026
About this deal
AI
Manova Partners has acquired an industrial asset at 2536 Chesnee Highway in Spartanburg, SC. The facility spans 1,020,195 square feet and is situated on 87 acres of land. It was completed in 2024 and is fully leased on a long-term NNN basis to ESFM (Compass Group USA), featuring 140 dock-high doors and 346 trailer spaces with direct access to I-85.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 2536 Chesnee Highway
- Market: Spartanburg, SC
- Asset Size: 1,020,195 SF
- Acreage: 87
- Buyer: Christian Goebel & Alin Sigheartau - Manova Partners
- Seller: Daniel J. Moore - Rockefeller Group
Christian Goebel and Alin Sigheartau represented Manova Partners in the transaction while Daniel J. Moore represented the Rockefeller Group as the seller. The logistics facility was recognized as Class A+ and is crucial to the operations of ESFM under a long-term lease agreement.
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Industrial
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93