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2536 Chesnee Highway

Updated Sep 17, 2026

SOLDIndustrial

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:

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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Players

Christian Goebel

Manova Partners

Buyer

1 deal

Buyer
Daniel J. Moore

Daniel J. Moore

Rockefeller Group

Seller

$491M

vol

13 deals

Seller

Monticello 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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