CBRE arranges sale of 3D Systems Headquarters in Rock Hill
Oct 04, 2017 11:05AM
By Emily Stevenson
CBRE arranged the sale of the global headquarters of 3D Systems, located at 333 Three D Systems Circle in Rock Hill, S.C. The 80,028-sq.-ft. building will continue to be home to the company’s corporate headquarters and showroom. 3D Fields, LLC, an affiliate of Fields-Realty, LLC, of Florida, acquired the 13.82-acre property from an affiliate of Lexington Realty Trust for $8.6 million. CBRE’s Patrick Gildea, Matt Smith and Grayson Hawkins represented the seller.
The facility features an atrium lobby, showroom, executive suite, lab areas and warehouse space with multiple truck-loading doors. Positioned in the I-77 corridor office submarket, the location is a five-minute drive to I-77, 25-minute drive to downtown Charlotte and 30-minute drive to Charlotte Douglas International Airport.
“Interest in high-quality, single tenant office and industrial properties in the Carolinas remains strong, particularly considering the stable yield provided through today’s low interest rate environment,” said Patrick Gildea, Executive Vice President with the Carolinas Institutional Properties Team.
As a pioneer and recognized leader in the three-dimensional printing industry, 3D Systems provides comprehensive 3-D products and services, including printers, print materials, on-demand parts and services and digital design tools. As the originator of 3-D printing, 3D Systems has spent its 30-year history enabling professionals and companies to optimize their designs, transform their workflows, bring innovative products to the market and drive new business models. The company transferred its headquarters from California due to the low costs of doing business and the tax benefits offered in Rock Hill.
Rock Hill has gained new jobs each year since 2010, which make up more than 21% of the total employment base. The unemployment rate in the area is at an all-time record-low 4.1%. As part of the Charlotte-Concord-Gastonia, NC-SC MSA, it is within a 24-hr drive of 60% of the U.S.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.