CRG, Gramercy Property Trust Complete Greenville Bausch + Lomb Development

GREENVILLE, SC – Gramercy Property Trust and CRG’s build-to-suit for Bausch + Lomb in Greenville, South Carolina is now complete. Bausch + Lomb, a Valeant Pharmaceuticals International, Inc. company, took occupancy last month.

CRG, Clayco, Inc.’s private real estate investment group, developed the 432,000-square-foot Class-A pharmaceutical warehouse that includes 38 foot clear height temperature controlled warehouse, ESFR sprinkler system, 42 loading docks, one drive-in door, an expansion pad adjacent to the building, 101 trailer spaces and 94 auto spaces.

This is the first phase of the project.  Phase two allows Bausch + Lomb to expand operations by an additional 432,000 square feet.

“In partnership with Gramercy Property Trust, CRG is pleased to complete the development of the state-of-the-art facility in Greenville, South Carolina,” CRG president Chris McKee said. “This development is important to Bausch + Lomb already established operations in the area and represents significant growth in the region.”

Bausch + Lomb already operates a manufacturing facility located 4 miles from the new site with close proximity to I-85 and I-385. South Carolina’s largest employer, Michelin North America is currently expanding operations at its Greenville location.  BMW US Manufacturing Company has a plant located in nearby Greer, South Carolina.

Clayco, Inc. served as the design-builder on the project and its subsidiary, Lamar Johnson Collaborative was the architect. Construction began in March and was complete only 8 months later.