Rock Hill’s biggest property sale ever tops $100 million. It’s for a 73-acre site
Rock Hill has a new most-expensive property sale on record, and it’s also a near-region record at more than $100 million.
A nearly 73-acre site at 2087 Williams Industrial Blvd. sold on May 20 for $101.5 million, according to York County land records. The site includes a more than 850,000-square-foot distribution warehouse that was built two years ago.
A company called Legacy Logistics Center ILP bought the property. The company is affiliated with and has the same address as Bethesda, Maryland-based real estate investment firm BentallGreenOak, doing business as BGO.
BGO manages about $89 billion of assets and has offices in 25 cities in 12 countries, according to its website. It’s part of SLC Management, under Canadian financial company Sun Life. As of March, Sun Life had total assets under its management at nearly $1.6 trillion, according to the company.
A message left for BGO for details on the Rock Hill deal wasn’t immediately returned. The deal looks to be an investment sale, said city Economic & Urban Development Director Lisa Brown. Pratt Industries is occupying most of the building, she said.
Last fall, corrugated packaging manufacturer Pratt announced $92 million plans to bring 116 jobs to Rock Hill. The recycled containerboard producer would have an average pay of more than $30 an hour, officials said at the time.
The property deal is only the second in the Rock Hill region to top $100 million.
Pennsylvania-based Exeter 7149 Logistics bought two Fort Mill light industrial properties on Logistics Lane near Carowinds three years ago for $106 million. More than 1 million square feet of space there spans more than 70 acres.
The Logistics Lane site includes the Silfab Solar property that’s been a contentious public issue due to its manufacturing beside Flint Hill Elementary School.
More about the Rock Hill property
At the Williams Industrial Boulevard site in Rock Hill, Indiana-based SP Rock Hill Legacy East I bought the property from The Williams and Lesslie Trusts Partnership in fall 2020 for $3.3 million. The Indiana company sold the property this month to the BGO affiliate company.
The property is northeast of the Anderson and Springdale roads intersection. It’s just east of the Anderson Road interchange at Interstate 77.
Legacy Park East is a seven-building industrial park that began construction in 2017. It has more than 850,000 square feet.
Last month, Charlotte developer The Keith Corporation announced plans for a new phase there. Three to seven buildings in that plan could add up to 1.7 million square feet of manufacturing or distribution space.
The Keith Corporation bought 178 acres off Hopewell Road for that final phase of Legacy Park East.