Timberland sells Greenville industrial property for $7M

  • Timberland Holding Co. LLC sold its Greenville industrial property for $7 million.
  • The 84,550-square-foot property is fully leased to ProSource.
  • 200 Industrial Drive LLC purchased the property through a 1031 exchange.
  • Avison Young represented the seller in the transaction.

Timberland Holding Co. LLC has sold its 84,550-square-foot Greenville industrial property to 200 Industrial Drive LLC through a 1031 exchange.

The property, which sold for $7 million, is fully leased by Greenville-based ProSource, a supplier of plumbing, electrical, lighting, kitchen and bath fixtures, and decorative hardware.

Avison Young, a global real estate firm, arranged the sale with principals Gary Lyons and Rob Howell, and Woodson Hunter, senior associate, representing the seller…

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