Renfro Corporation | Regional Distribution Facility

Property Description

This industrial warehouse property was originally constructed in 1986 and serves as the primary North American distribution facility of the Renfro Corporation, one of the largest sock manufacturers in the U.S. and one of only five such facilities worldwide. Situated on a 42.2 acre site, the property features ample amenities that allow for the efficient utilization of the location as a primary distribution hub including 44 dock-height loading doors and an 8,000 square foot truck servicing facility.

Business Essential Attributes

The property is Renfro's principal regional distribution center and the location is strategic because it is centrally located relative to ports in South Carolina, Georgia and Florida that import finished goods from manufacturing facilities, distribution centers of major tenants (such as Wal-Mart), Renfro's domestic hosiery manufacturing plants in Georgia, and the company's Corporate Headquarters in Mount Airy, North Carolina.

Additional Property Information

In 2009 Renfro Corporation invested approximately $2 million in capital improvements toward updating and renovating the property. These renovations include repairing major sections of the roof, repaving of the truck parking lot and turnaround, remodeling the interior of the office space, upgrading the restrooms and exterior lighting, and painting the exterior.

Brands Manufactured and Distributed by Renfro Corporation
Fruit of the Loom®, Hot Sox®, Ralph Lauren/Lauren, Polo, Dr. Scholl's, Copper SoleTM, Wrangler, Riders, Carhartt, K. Bell.

Brands listed are manufactured and distributed by Renfro Corporation and are in no way related to Griffin Capital Securities or Griffin Capital Essential Asset REIT, Inc.

Renfro Corporation | Regional Distribution Facility

Clinton, South Carolina

PROPERTY AT A GLANCE

Property Type: Warehouse/Distribution
Square Footage: 566,564

Lease Expiration: January 31, 2021
Renewal Option(s): None
Rent Increase(s): February 2014 - 11.5%
Tenant: Renfro Corporation 
Website: www.renfro.com