Case Study | 909,000 SF Acquisition in Lugoff, SC
EV investment in the southeast region prompts southeast acquisition
Two Midwest commercial real estate firms, Weston, Inc. and an affiliate of Blue Vista Capital Management, have acquired nearly 909,000 square feet of commercial space in Lugoff, representing 80% of the area’s available space.
This purchase is driven by the upcoming 2027 opening of the $2 billion EV investment in the region. The deal includes three warehouses with truck access.
The Southeast United States has seen population and economic growth over recent decades. The region’s growth is fueled by manufacturing, an expansion in the labor market, and a business friendly environment. Weston remains bullish in the area and continues to target this region.
download pdf