Jim McGill Of Stotan Industrial Acquires 78 Acres In Rock Hill For $12 Million

Stotan Industrial acquired 78 acres of land located at 907 Caterpillar Drive in Rock Hill, SC, for a total of $12 million. This property is approved for a development that includes a speculative industrial project encompassing 942,000 square feet. The planned development will consist of three buildings with sizes of 435,000, 273,000, and 234,000 square feet, alongside provisions for 333 trailer parking spaces.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $12,000,000
• Address: 907 Caterpillar Drive
• Market: Rock Hill, SC
• Acres: 78
• Buyer: Jim McGill - Stotan Industrial

Jim McGill represented Stotan Industrial in this transaction, facilitating the acquisition of land that significantly expands the company's footprint in the Charlotte area. The deal highlights Stotan Industrial's commitment to developing new industrial spaces to meet market demands.