Pacolet invests in a number of segments within the industrial property market, including land and industrial park development, build-to-suit development for end users (often in association with large economic development projects of regional importance), acquisitions of existing projects and speculative development of new projects to meet market demand.
Pacolet’s industrial real estate operations are conducted through two principal channels: through partnership and via its wholly-owned industrial sites (Pacolet Industrial).
Pacolet-Oakmont: In 2017, Pacolet and Oakmont Industrial Group created Oakmont Pacolet National Partners, a joint venture which capitalizes upon Oakmont’s 25-year track record of developing market leading industrial warehouses. Oakmont is a fully integrated industrial real estate investment, development and management company based in Atlanta, with principals also located in Houston and Southern California. Target markets for this venture include Atlanta, Houston, Dallas, Charlotte and other high growth markets in the southeast and southwest United States.
Pacolet-Hillwood: In 2021, Pacolet and Hillwood created a partnership to build a series of buildings within the Tyger River Industrial Park – North. Ranging in size from 300,00 sq ft to well over 1M sq ft, the first of the buildings, a 457,000 sq ft cross dock, will deliver in Q3 2022.
Pacolet Industrial: Pacolet Milliken owns several large tracts of land ideally positioned for industrial projects looking to locate to the southeast. With these properties, Pacolet has prepared this land in order to facilitate projects with both speed-to-market and cost-effective construction concerns. More information on Pacolet Industrial may be obtained at PacoletIndustrial.com.
Pacolet-Appian: In 2021, Pacolet and Appian Investments, the investment and development arm of the NAI Earle Furman created a partnership to build the largest speculative building in the Midlands. The 534,702 square feet industrial facility in being build in the Shamrock Commerce Park in Orangeburg, SC. It will be delivered in Q4 2022.