Belk Inc. Invests $47 Million To Expand Jonesville, South Carolina, E-Commerce Distribution Center
07/09/2014
The expansion, which is expected to be completed in January 2015, will add more than 345,000 square feet of newly constructed space to the 515,000-square-foot building. The Jonesville facility is located at 3805 Furman L. Fendley Highway. It was recently acquired by CPA:18 - Global, a non-traded REIT affiliate of global real estate investment trust W.P. Carey Inc. and is being leased to Belk.
Belk and CPA:18 - Global will invest a collective $47 million, which includes funding for construction and to upfit the facility with equipment such as conveyor systems, racking and automation.
"Belk's e-commerce business continues to grow, and with it the demand for increased distribution and fulfillment operations. Our Jonesville facility has been a key factor in our belk.com growth, and we are pleased to be able to invest additional resources in and to bring additional jobs to Union County,” John R. Belk, President/COO of Belk, Inc.
"Belk first came to South Carolina because it is great location for retailers that need to rapidly get product to markets. This next expansion further proves that South Carolina has the business climate and logistics capabilities companies are looking for, “ Secretary of Commerce Bobby Hitt said
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