Red Rock Developments Featured in Southeast Real Estate Business Magazine

December 17, 2024

heck out the latest edition of Southeast Real Estate Business that features Red Rock Developments. This article discusses how Red Rock Developments continues to make strategic moves in the industrial real estate market, showcasing its adaptability and forward-thinking approach. In Upstate South Carolina, Red Rock is advancing its Smith Farms project in Greer, the company is already planning the next phase of Smith Farms, focusing on smaller speculative buildings and tailored build-to-suit opportunities to meet evolving tenant needs. Smith Farms currently features a 1.1 million-square-foot facility available for lease. While leasing activity for this large-scale building has been slower than expected, Leah Bailey, Senior Vice President of Leasing, remains optimistic about renewed interest. The company is already planning the next phase of Smith Farms, focusing on smaller speculative buildings and tailored build-to-suit opportunities to meet evolving tenant needs.

In Richmond, Virginia, Red Rock is actively exploring the market and remains committed to the area. The company has a track record of success in the region, including a 353,000-square-foot facility developed in Chesterfield County. That project, which was leased to Coca-Cola Consolidated and later sold, highlights Red Rock’s ability to deliver value in highly competitive markets.

Through projects like these, Red Rock Developments demonstrates its ability to thrive in a challenging market, offering flexible, strategic solutions that align with tenant demands and market trends.

Click here to read the full article.