Wells REIT dumps Caterpillar building

Fortune 100 company under lease to 2011

Don't miss the real estate event of the summer
Join 4,000 real estate pros at Connect SF, Aug 7‑11, 2017

Wells Real Estate Investment Trust has sold the Caterpillar Inc. warehouse facility near Greenville, S.C., to HRPT Properties Trust. The value of the transaction was not disclosed. The 168,000-square-foot office/warehouse property at 111 Southchase Blvd. in Fountain Inn was built in 1987, and was acquired by a joint venture led by Wells REIT in 1999. Caterpillar, a manufacturer of construction equipment and engines, last year signed a five-year lease. ...