Magnus Development Partners Breaks Ground on 226,800-SF Gateway 2 at 803 Park in Columbia

Magnus Development Partners has broken ground on Gateway 2, a 226,800-square-foot Class A industrial building at 803 Park in West Columbia, S.C., marking the fourth development at the multimodal industrial campus adjacent to Columbia Metropolitan Airport (CAE).

The building is slated to deliver in Q2 2027 and is designed to serve distribution, manufacturing and logistics users. Colliers brokers Chuck Salley, Thomas Beard and John Peebles are handling leasing and marketing for the park.

Gateway 2 Building Specs and Design

Gateway 2 will feature 18 dock doors, 50-foot by 54-foot bay spacing and an ESFR fire protection system. The design is intended to provide flexibility for a wide range of industrial occupiers, from regional distribution operations to light manufacturing tenants.

"Gateway 2 has been designed with the flexibility to accommodate a wide range of users," said Kris Simmons, Senior Vice President with Magnus Development Partners. "Combined with 803 Park's proven track record and exceptional connectivity, we believe Gateway 2 will be one of the most compelling industrial opportunities in the Columbia market."

803 Park is a joint effort between Columbia Metropolitan Airport and Magnus Development Partners and is registered as a Foreign-Trade Zone magnet site, allowing companies to store, assemble or process imported goods with duty deferral and potential tax savings. The park sits within one mile of I-26 and offers access to I-77, I-20 and I-95, placing it within roughly two hours of the Port of Charleston.

803 Park: Track Record and Tenant Mix

Magnus Development Partners began construction at 803 Park in 2022. The campus is planned as a five-building Class A industrial park that will total nearly one million square feet upon completion. Three buildings totaling 625,440 square feet have been delivered to date and are 100% leased and occupied by six tenants across a range of business sectors.

Tenants at the park include Givens Transportation Solutions, which occupies the entire 252,720-square-foot Gateway Three building, as well as Mattress Warehouse, L&L Products, Muc-Off and US Auto Force, reflecting a mix of automotive, consumer and industrial users.

803 Park is the only industrial park in the Columbia market that combines signalized highway access, direct adjacency to CAE, proximity to the UPS regional air hub and CSX rail service, according to the announcement.

Columbia Industrial Market Context

Chuck Salley, Managing Director of Industrial Services in Colliers' Columbia office, said market conditions support the timing of the new groundbreaking.

"The Class A industrial market in Columbia continues to tighten with no relief in sight until 2027," Salley said. "Gateway 2 is a unique opportunity within the central South Carolina market in the heart of the strongest industrial submarket over the past ten years. Magnus continues to develop and deliver exceptional product in the marketplace."

Chuck Salley, Thomas Beard and John Peebles handle leasing and marketing for the park and specialize in leasing, site selection, user sales and investment sales for industrial properties throughout the region.

Leasing and Additional Information

Current availability and additional details on 803 Park are available at www.803industrialpark.com.