An Upstate Quarterly Commercial Real Estate Market Update
A Unique Partnership to Restore More than a Building in Piedmont Page 4 - Upstate Market Forecast
At its essence, commercial real estate is about infusing
competition, the community began to lose its economic
economic opportunity into land and existing, often outdated
engine and local businesses began to dry up. When the old
properties. Look no further than nearby Piedmont, SC to
abandoned plant finally burned to the ground in 1983, the
understand the impact of what imagination, diligence and
heart of Piedmont was broken.
connections can mean to a once-thriving mill community. “When the mill was torn down, it ripped the heart out of
Page 5 - Q1 2022 Market Report
The town of Piedmont grew up around the massive textile mill,
this community,” says Larry Webb, a senior consultant with
which began operations in 1876 with 5,000 spindles and 112
KDS Properties. “So, what I’m trying to do is just to help
looms, making it the largest textile facility in South Carolina.
bring business back to Piedmont and bring people back
When the facility was shut down in 1978, due to intense global
to the community.”
Page 6 - Lee & Associates Welcomes
Page 7 - Wise Guidance, Loyal to You
Darath Mackie, Lee & Associates, with Larry Webb of KDS Properties