CRG, Gramercy Property Trust Complete Greenville Bausch + Lomb Development
GREENVILLE, S.C., Dec. 19, 2017 /PRNewswire/ -- Gramercy Property Trust and CRG's build-to-suit for Bausch + Lomb in Greenville, South Carolina is now complete. Bausch + Lomb, a Valeant Pharmaceuticals International, Inc. company, took occupancy last month.
CRG, Clayco, Inc.'s private real estate investment group, developed the 432,000-square-foot Class-A pharmaceutical warehouse that includes 38 foot clear height temperature controlled warehouse, ESFR sprinkler system, 42 loading docks, one drive-in door, an expansion pad adjacent to the building, 101 trailer spaces and 94 auto spaces.
This is the first phase of the project. Phase two allows Bausch + Lomb to expand operations by an additional 432,000 square feet.
"In partnership with Gramercy Property Trust, CRG is pleased to complete the development of the state-of-the-art facility in Greenville, South Carolina," CRG president Chris McKee said. "This development is important to Bausch + Lomb already established operations in the area and represents significant growth in the region."
Bausch + Lomb already operates a manufacturing facility located 4 miles from the new site with close proximity to I-85 and I-385. South Carolina's largest employer, Michelin North America is currently expanding operations at its Greenville location. BMW US Manufacturing Company has a plant located in nearby Greer, South Carolina.
Clayco, Inc. served as the design-builder on the project and its subsidiary, Forum Studio was the architect. Construction began in March and was complete only 8 months later.
About CRG:
CRG is Clayco, Inc.'s private real estate investment firm that acquires, develops, and operates real estate assets. Headquartered in St. Louis, Missouri with offices in Chicago, Sacramento, Atlanta, Pittsburgh and northern New Jersey, the CRG team has developed more than 5,000 acres of land and delivered over 160 million square feet of commercial, industrial, and multi-family assets exceeding $9 billion in value. For more information visit www.realcrg.com.
About Clayco
Clayco is a full-service, turnkey real estate development, master planning, architecture, engineering and construction firm that delivers clients around the world the highest quality solutions on time, on budget, and above and beyond expectations. With $1.691 billion in revenue for 2016, Clayco specializes in the "art and science of building," providing fast track, efficient solutions globally for commercial, institutional and residential related building projects. For more information visit www.claycorp.com.
About Forum Studio
Forum Studio is an award-winning design firm that focuses on enhancing the quality of the human experience and how spaces and places can impact and care for each individual's emotional being. By harnessing the power of integrated design, collaborating with experts we trust and respect for their purpose and their craft while offering comprehensive solutions across multiple disciplines, we achieve our client's goals and aspirations. From the most practical to the most complex we achieve sensible, rational and responsible solutions through architecture, workplace strategy, interior design, landscape architecture, urban planning and engineering, We design for life and build our clients dreams. Forum Studio is the art + science of building. For more information, visit: www.forumstudio.com.
CRG Media Contact
Brittany Burke
Director of Communications, CRG
314-239-5779
[email protected]
SOURCE CRG
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