Case Study | Anderson, South Carolina

Weston has successfully acquired 752,600 SF of property located at 2415 N Hwy 81, Anderson, SC, in May 2025. This site features a multi-building industrial campus that spans approximately 55 acres.

The main tenant is Orian Rugs, which occupies about 540,000 SF. Orian operates in the textile industry manufacturing rugs and yarn.

In addition to Orian’s space, there are two other buildings that make up the remaining area: one is leased, while the other is currently vacant. The vacant building offers about 140,000 SF of newly constructed 40-foot clear industrial space.

Weston partnered with Appian Investments for this acquisition. Appian serves as the investment arm of NAI Earle Furman, a prominent brokerage in the Greenville, SC market. Their local expertise and extensive network will be invaluable as we begin leasing the vacant space.

We are thrilled to expand our portfolio in the thriving South Carolina market and aim to replicate the past successes we have achieved in this area.

Portfolio Size: 752,600 SF
Acquisition Date: May 27, 2025
Scope of Services: Acquisition, Finance

UPDATE: Anderson Industrial Campus – Full Stabilization Achieved in Just 6 Months

Weston is proud to announce the full lease‑up and stabilization of the 752,600 SF Anderson Industrial Campus in only six months—beating our original projections and demonstrating the power of our Southeast growth strategy, market insight, and partnership execution.

In May 2025, Weston acquired the multi‑building, 55‑acre campus at 2415 N Hwy 81, Anderson, SC in partnership with Appian Investments, the investment arm of NAI Earle Furman. The campus is anchored by Orian Rugs, which occupies approximately 540,000 SF for textile manufacturing. At acquisition, two additional buildings totaling 212,600 SF offered repositioning and leasing opportunities, including a brand‑new 140,000 SF, 40’ clear industrial building.

Thanks to disciplined execution, targeted marketing, and Appian’s deep local market reach, Weston leased the remaining 140,000 SF within just six months of takeover, significantly outperforming underwriting expectations and delivering early stabilization. This rapid momentum underscores Weston’s strength in identifying high‑potential industrial assets and executing with precision.

Key drivers of success include:

• Accelerated lease-up timeline: Achieving 100% occupancy in six months—well ahead of projections—created immediate value for the portfolio and demonstrated strong user demand in the Upstate market.
• Strategic market positioning: Anderson continues to be one of the Southeast’s most active manufacturing and logistics submarkets, aligning perfectly with Weston’s long-term regional strategy.
• High-quality product: The newly constructed 40’ clear building provided modern, functional space sought by today’s industrial users.
• Strong local partnership: Collaborating with Appian Investments/NAI Earle Furman ensured seamless market intelligence, strong prospect engagement, and rapid leasing velocity.
• Operational excellence: From acquisition through stabilization, Weston deployed a hands-on asset management approach that ensured both speed and value creation.

The successful early stabilization of the Anderson Industrial Campus marks another strong result for Weston in South Carolina, reinforcing our ability to create long-term value, outperform expectations, and expand our presence in one of the nation’s most dynamic industrial regions.