4130 Partners Closes Inaugural Investment With 28-Acre Greenville–Spartanburg Industrial Acquisition

By Amit Chowdhry • Today at 12:22 PM

4130 Partners announced the acquisition of approximately 28 acres in Williamston, South Carolina, in partnership with Chicago-based Peerless Development. Located within Alliance Industrial Park in the Greenville–Spartanburg industrial submarket, the site is slated for the development of up to 226,000 square feet of shallow-bay industrial space across two buildings.

The project is designed to support continued growth in manufacturing, distribution, and supplier activity throughout the region. The Greenville–Spartanburg market has emerged as one of the Southeast’s fastest-growing logistics and manufacturing corridors, supported by ongoing population growth, infrastructure investment, and expansion by advanced manufacturing companies.

The acquisition marks the inaugural investment for 4130 Partners and aligns with the firm’s strategy of pursuing industrial opportunities in high-growth markets where supply remains constrained relative to demand. The development site offers direct access to Interstate 85 and is positioned near Upstate South Carolina’s expanding manufacturing ecosystem, which includes automotive, logistics, and advanced manufacturing users.

Peerless Development will serve as a co-sponsor of the project and oversee the execution of development in partnership with 4130 Partners. The development is expected to target modern shallow-bay tenants seeking functional industrial space in a market where small- to mid-size inventory remains limited.

4130 Partners is a real estate investment firm focused on acquiring and developing industrial properties in high-growth markets across the United States. The firm’s management team has more than 25 years of real estate investment experience and has invested in more than 30 million square feet nationwide.

Peerless Development is a Chicago-based real estate investment and development company focused on industrial, multifamily, student housing, and commercial projects across supply-constrained growth markets. The firm has developed and acquired more than $500 million in projects.

KEY QUOTES:

“This investment is exactly the type of opportunity we launched 4130 Partners to pursue—targeting industrial markets with acute supply-demand imbalance. The Greenville–Spartanburg market continues to demonstrate industrial demand drivers supported by population growth, advanced manufacturing investment, infrastructure investment and limited availability of functional shallow bay inventory.”

Trevor Oliff, Managing Partner, 4130 Partners

“We believe the project is exceptionally well-positioned within one of the strongest-performing industrial submarkets in the country. Our partnership with 4130 Partners combines institutional investment discipline with entrepreneurial execution.”

Eric Helfand, Principal & COO, Peerless Development