Log out
Magic link sent. Check your email.
API not online - using temp session system
Industrial
Archived
Open for investment

Abernathy — South Carolina Class B Industrial Park

Download full investment materials
Download full investment materials
Download
Contact your Capital Formation team representative
Contact your rep
NET IRR

15.2

%

NET AVG. CASH-ON-CASH RETURN

7.7

%

TRANSACTION OVERVIEW

Abernathy Industrial Park is currently a 100% leased, six-building logistics campus in the Greenville–Spartanburg corridor.

City, State

Greenville

South Carolina

Minium Investment

$100,000

NET EQUITY MULTIPLE

1.70

x

TARGET TERM

4

Years

Months

Strategy

Light Value-Add

STABILIZED YIELD ON COST

7.8

%

CAP RATE

6.5

%

OCCUPANCY

100

%

% OF REPLACEMENT COST

61

%

Abernathy — South Carolina Class B Industrial Park

This Industrial opportunity showcases Lightstone's rigorous approach to the asset class.

Abernathy Industrial Park is currently a 100% leased, six-building logistics campus in the Greenville-Spartanburg corridor, a region now seeing over $8 billion in new manufacturing investment. Strategically located at the intersection of I-85 and I-26, Abernathy connects directly to Atlanta, Charlotte, and the Port of Charleston – placing 31% of the U.S. population within a one-day drive. With stable in-place cash flow, limited new Class B supply, and rising tenant demand, Abernathy offers investors the opportunity to partner with an experienced, well-capitalized manager that is directly aligned through significant co-investment. Supported by the Greenville-Spartanburg market’s diversified manufacturing base and unmatched regional connectivity via interstate, port, and air infrastructure, the property is well positioned to capture demand driven by logistics expansion, supply chain reconfiguration, and reshoring trends across the Southeast. Lightstone’s strategy offers a balanced mix of immediate income, rent growth, and long-term value creation, backed by a cycle-tested operator and one of the region’s most resilient industrial markets.

Proforma Net IRR of 15.2% and a Net Equity Multiple of 1.7x over a four-year hold

Lightstone is buying the property at a 39% discount to replacement cost

Over $8.8 million has been invested into the property since 2015

Gallery
Overview video
Abernathy Industrial | a Closer Look
No items found.
0:00
0:00
WEBINAR

Register for our webinar to learn more about our investment opportunities.

dark flag

Your full legal name is required for investor verification and compliance.

Enter your primary email to receive investment updates and access.

Your phone number helps secure your account and protect your information.

To learn more about how individuals qualify as accredited, visit sec.gov

Submit
Thank-you.
Generating magic link...
Oops! Something went wrong while submitting the form.
Market Perspective
[Podcast] Episode 1: Investing vs. Speculating: Lightstone's Real Estate Investment Strategy
Read on
About Us
[Video] The Lightstone DIRECT Story
Read on
Real Estate Investing 101
Tax-Advantaged Investing
Tax Efficient Real Estate Investing
Read on
No items found.
The REdirect Podcast
Read on
About Us
Market Perspective
[Video] Lightstone's Industrial Approach
Read on
About Us
[Video] Because You Built This
Read on
part-2-A

ACCESS

EARNED

Discuss This Offering
COMPANY
Your Investing Experience
INVESTMENTS
Multifamily Investments
The Lightstone DIRECT Advantage
Industrial Investments
Contact
OPEN INVESTMENTS
Abernathy Industrial Park
Coming Soon
Log in
Education
All Resources
Whitepapers
© Lightstone DIRECT 2025
Privacy Policy
Terms of service
*Past performance does not guarantee future results. All investments carry riskThis material is confidential, may be subject to legal privileges. Any use, duplication, disclosure or dissemination of this material is strictly prohibited and may be in violation of law. If you have received this material in error, please notify the sender immediately and delete or destroy this communication and all copies.

This material is for informational purposes only and does not constitute: (i) an offer to sell or a solicitation of an offer to purchase any interest in any investment vehicles managed by any business unit of the Company; or (ii) an acceptance to enter into any binding contract, agreement, or understanding. The Company does not accept any responsibility or liability arising from the use of this communication.

All documents intended for execution, including contracts, must be submitted to the Company's Legal Department for review and approval and signed by an officer of the Company; or made pursuant to the Company's approved contract execution procedures. The Company DOES NOT use or accept electronic signatures. By accepting this communication, you specifically waive your right to claim any action pursuant to the Electronic Signatures in Global and National Commerce Act ("E-Sign"), 15 U.S.C. §7001 et seq., the Uniform Electronic Transactions Act ("UETA"), and any State or local law similar to E-Sign or UETA.

This material may contain highly confidential information regarding The Lightstone Group, LLC and Beacon Property Management LLC and their respective subsidiaries, affiliates, investments, strategy, and/or organization
(collectively, the "Company"). Your acceptance of this material from the Company constitutes your agreement to: (i) keep confidential all the information contained in this material, as well as any information derived by you from the information contained in this material (collectively, "Confidential Information") and not disclose any such Confidential Information to any other person; (ii) not use any of the Confidential Information for any purpose other than pursuant to your relationship with the Company; (iii) not copy any Confidential Information without the Company's prior written consent; and (iv) promptly return any Confidential Information contained in this material to the Company upon the Company's request.

No representation is being made that the Confidential Information presented is accurate, current or complete, and such Confidential Information is at all times subject to change without notice. Opinions expressed may differ or be contrary to the opinions and recommendations of a Company business unit.

The Company does not provide legal, accounting or tax advice. Any statement regarding legal, accounting or tax matters was written in connection with the explanation of the matters described herein and was not intended or written to be relied upon by any person as definitive advice. Any discussion of U.S. tax matters contained within this material is not intended to be used and cannot be used for the purpose of avoiding penalties that may be imposed under applicable federal, State or local tax law or recommending to another party any transaction or matter addressed herein. Each person should seek advice based on its particular circumstances from independent legal, accounting and tax advisors regarding the matters discussed in this material.