For those of you that know our history, The Hollingsworth Companies first industrial facility constructed in Clinton, TN was 65,000 SF. In the early years, our industrial portfolio consisted of buildings from 45,000 to 75,000 SF primarily in the East Tennessee market.
As the company grew and the industrial market in the Southeast changed, our focus as a company also changed. Business parks were established in Prince George, VA, Mocksville, NC, and Huntsville, AL. With the addition of these three SouthPoint Business Parks, building sizes also increased ranging from 75,000 to 250,000 SF. While building sizes were increased to support larger customer requirements, our focus remained in tertiary markets with single tenant facilities.
As we established our reputation for reliably constructed lease facilities, we started accepting build-to-suit projects that fit our portfolio. Our main requirements were single tenant projects, tertiary markets, high clear heights, close proximity to major freeways, and steel/masonry construction. These projects typically range in size from 150,000 to 300,000 SF.
While our primary customer is looking for a single tenant facility from 100,000 to 200,000 SF, we have increasing requests by our prospects for larger facilities as well. To meet this demand, we have begun construction on a three-building project for facilities that range from 400,000 to 660,000 SF. We quietly broke ground for a 400,000 SF tilt wall facility on our Huntsville, Alabama advantage site in June. Within 60 days, we will follow this with a 660,000 SF facility in Prince George, VA. The third building will be a 400,000 SF facility, final location to be determined in Tennessee. These larger facilities will be tilt wall construction, 50+ dock doors, 40’ clear height, 60’ x 60’ bay spacing, LED lighting, and ESFR fire suppression system.
We look forward to the next step in our evolution as a company. While we will have larger building projects going forward as well as our normal sizes, we will also continue to focus on build-to-suit projects that support economic development agencies in the secondary markets of the Southeastern United States. We are very bullish on the Southeast and believe the work horse of the American economy will continue to be small to midsize companies located in the Southeast.
For information on our standard 90,000 to 250,000 SF new available facilities, a build-to-suit, or a 400,000 to 600,000 SF facility, please contact Tom Mann at (865) 719-6884.
