[Chester, S.C., May 18, 2022] – Maryland-based MacKenzie Investment Group has announced plans to break ground on a new 1,200,000 square foot business park in Chester County, SC. The park is currently in design for the 109-acre Interstate Business Park site located on the southwest corner of Highway 9 and Interstate 77 adjacent to Giti Tire. The business park will be well-suited for distribution, logistics, and light manufacturing. The planned investment exceeds $137,000,000. While the specific site plans have not been finalized, the 1.2 million square feet will be broken up between multiple buildings between 95,000 and 800,000 square feet. MacKenzie is considering both speculative and build-to-suit at the site. Matt Treble, Fermin Montes de Oca, and Frances Crisler with Cushman & Wakefield’s Charlotte office will be handling the leasing of these buildings.
“We believe this is where the market is going in greater Charlotte and being located right along I-77 is attractive for prospective tenants looking to avoid circuity and minimize transportation costs,” said Michael Bradley, founder of MacKenzie Investment Group.
“We are excited that MacKenzie Investment Group chose Chester County for this development,” said Chester County interim supervisor Dr. Wylie Frederick. “Not only will this generate significant investment and help create good paying jobs, but it will also provide valuable warehousing and distribution opportunities for our existing companies. Welcome to Chester County!”
“The Interstate Business Park site has been a focus of ours because we believed that is an ideal location for this type of flex product,” said Chester County Economic Development project manager Kris Phillips. “With its location fronting I-77, being part of the Charlotte region, and less than an hour from Columbia, it is perfect for a business park. MacKenzie Investment Group has had a lot of success with this type of development in other markets along the east coast, and we look forward to seeing their success continue in Chester County.”
MacKenzie Investment Group, LLC is a real estate investment and development firm founded by Michael Bradley and MacKenzie Ventures, LLC in 2018. Over the course of his career, Mr. Bradley has led the acquisition and development of over 20 million square feet of Industrial Real Estate. The firm’s strategy is focused on opportunistic and value-add investments.
About Chester County Economic Development
Created by Chester County in 2004, Chester County Economic Development’s mission is to create an environment that supports existing industry expansion, encourages new industry investments, fosters entrepreneurialism, and welcomes visitation by others—all of which support the provision of public services and otherwise improves each citizen’s prosperity and overall quality of life. In 2021 Chester County Economic Development announced $484 million in capital investment, creating 822 manufacturing jobs, and representing more than 2 million square feet of new manufacturing.