Wednesday, February 22, 2012

Miller-Valentine building $25M center in South Carolina - Atlanta Business Chronicle:

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The Dayton-based real estate company, whic h has offices in Cincinnatiand Columbia, is buildinf a 465,000-square-foot distribution facility for Atlanta-based (NYSE: HD). The $25 millionh regional distribution center will serv e 150 stores in South andNorth Carolina, Tennessee and partxs of Georgia. It will allow Home Depot to offetr a greater variety of products in eachindividualp store. Kurt Eyring, vice president of constructionwith Miller-Valentine, said the buildintg has an aggressive timetable for completion, only 28 weeks.
He said the company’as experience allows it to build the massive structureso “In a project like this, we will be pouringv footers, standing wall panels and putting on a roof all at the same Eyring said in a news release. The tilt-u concrete building will include 171 dock doorsand 18,000 square feet of officde space. The building will covefr 11 acres underits roof. The distribution center is expecte d to employ approximately 300 people once it The new center is a part ofa 290-acr e master-planned development in Lexington County. Soutn Carolina has been a growth marketfor Miller-Valentine.
In January, the firm announcef it had begun construction ona 176,000-square-foot distributio center in the state and already had landed its first anchor tenant. Last year, the compan y completed a 150,000-square-foot speculative industrial buildingin S.C. Miller-Valentine has several divisions including commerciap andresidential construction, property leasinbg and property management.

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