SunCap announces Spartanburg SC manufacturing build-to-suit groundbreakingApril 2021
SunCap Property Group and its joint venture partner, ElmTree Funds, are pleased to announce that they have acquired 35 acres in Duncan, SC to develop a 170,000-square-foot facility for Magna International Inc. to house their Magna Mirrors manufacturing group. Edifice Construction has begun construction with an anticipated November 2021 delivery date. Michael McLernon, Brockton Hall, Garrett Scott and John Montgomery with Colliers represented Magna Mirrors on the lease.
This is the third build-to-suit project SunCap has developed for Magna. A 230,000-square-foot facility was completed in Moore, South Carolina for Magna Seating and a 200,000-square-foot facility in Columbus, Ohio was completed in March of last year.