Magnus Development Partners has broken ground on Gateway 4, a 120,000-square-foot speculative industrial building in Lexington County.
The project site, at 803 Park, sits adjacent to …
This item is available in full to subscribers.
Please log in to continueNeed an account?
|
Magnus Development Partners has broken ground on Gateway 4, a 120,000-square-foot speculative industrial building in Lexington County.
The project site, at 803 Park, sits adjacent to the Columbia Metropolitan Airport as well as the UPS regional air and ground hubs, FedEx Freight and a Norfolk Southern transload rail terminal. It is one mile from Interstate 26 and less than two hours from the Port of Charleston.
According to a news release, Gateway 4's construction follows those of Gateway 1 and Gateway 3, both 252,720-square-foot facilities that are now fully leased. Magnus Development Partners plans to break ground on the park’s fourth and final building in 2026.
“Magnus is excited to break ground on our third building at 803 Park,” Magnus partner Bill Owen said in the release, thanking Columbia Metropolitan Airport for its partnership. “The continued momentum and growth across the Columbia market is energizing as we continue development in Lexington County and across the Midlands. With construction underway on Gateway 4, we’re prepared to get to work on Gateway 2, as we are seeing strong demand and expect to lease up quickly.”
“Magnus is a privately held, South Carolina-based real estate developer focused on delivering single-tenant build-to-suits, spec industrial buildings, and corporate advisory services throughout the Southeastern United States and beyond," according to the press release. "With over 50 years of experience in commercial real estate, Magnus founders have developed properties for some of the nation’s most recognizable companies including Home Depot, Domino’s Service Centers, Tractor Supply, Cintas, Husqvarna, and many others.”
Other items that may interest you

Comments
No comments on this item Please log in to comment by clicking here