Industrial Leasing Still Strong Throughout the Southeast

The Hollingsworth Companies continues to see strong demand for industrial facilities throughout the Southeastern United States. Two recent leases include TH-Marine Supplies, LLC, (108,480 SF facility in SouthPoint Business Park, Huntsville, Alabama) and SL America (126,824 SF facility in David Jones Industrial Park, Andersonville, Tennessee).

T-H Marine Supplies, LLC, started as a family-owned and operated business, has been serving the marine industry since 1975. Recently acquired by OneWater Marine, Inc., the corporation is a leading manufacturer of boat parts and accessories.  Well known products from their line include high performance items such as the original HOT FOOT throttle, ATLAS hydraulic jack plates, Z-LOCK manual jack plates, and HI-JACKER manual jack plates.

T-H Marine is the producer of thousands of products including outboard motor mounts, outboard tilt and trim, access hatches, deck plates, lid locks, deck hardware, livewell aeration, plumbing fittings, battery trays, fishing rod holders, boat lights, rigging accessories, trolling motor accessories, just to name a few. TH-Marine boat products are found on or in nearly every recreational boat built in the United States.

Samlip Automobile Co., Ltd (SL) established operations in Korea in 1954. SL has experienced continuous growth over the last 68 years and now has over 20 operations in 6 countries to provide lighting, chassis systems, front end modules, mirror systems, and advanced driver assist systems to the automotive market.

SL America completed their first U.S. manufacturing facility in 2001 in Tennessee. They have continued to grow in the U.S. and have expanded to 3 manufacturing facilities in Anderson County, TN.  The 4th Tennessee location, based in David Jones Industrial Park, makes SL America one of the largest employers in Anderson County and one of the largest automotive manufacturers in East Tennessee.

The Hollingsworth Companies’ primary market is the development of single tenant, industrial facilities in tertiary markets. Facility size ranges from 100,000 SF to 650,000 SF and include 30’-40’ clear height, 60’ x 60’ column spacing, ESFR fire protection, and LED lighting as standard features.

The Hollingsworth Companies’ holdings also include quality, renovated industrial facilities, and sale-leaseback facilities. The Hollingsworth Companies focuses on light manufacturing, distribution, and warehouse projects throughout the Southeastern United States. With over 125 tenants across 18 million square feet of industrial space, The Hollingsworth Companies is the largest developer of industrial space in tertiary markets in the Southeast.

“Joe Hollingsworth participated as one of our first equity investors. In addition, Joe Hollingsworth has served as a board member and leading advisor for strategic planning and direction.” — Scott Kelley, President and CEO, Service Center Metals