Atlanta-based REO Asset Strategies is building two new flex warehouse buildings in Lancaster County, south of Ballantyne with 110,000 sq. ft. of new space.
The developer recently purchased 10.6 acres at Bailes Ridge Corporate Park to develop the speculative space (the company doesn’t have tenants yet.)
“We think the Fort Mill and Indian Land area, with its rapid growth, proximity to Charlotte, and pro-business attitude – but with a respect for the environment – is an incredible location,” the Charlotte Observer quoted Garrett Backman, principal at REO, as saying.
MPV Properties is a joint venture partner in the development of Bailes Ridge corporate park.