Spartanburg Area Chamber of Commerce issued the following announcement on January 24.
Johnson Development Associates, Inc. (JDA), part of The Johnson Group, has purchased 135 N. Church St. from Purpose Financial to increase office inventory in Downtown Spartanburg.
JDA will repurpose the building to offer custom-sized modern office space suitable for multiple tenants. Located in the heart of Downtown Spartanburg, the space provides views of Main Street and Morgan Square, with adjacent parking at Dunbar Street Garage.
"We are eager to bring this building online as a multi-tenant space, as it has the potential to house upward of 350 jobs," said Alex Powell, Commercial Real Estate Manager at JDA. "Timing is perfect. Demand for downtown office space remains at an all-time high, and we will now have product available to meet incoming inquiries."
Purpose Financial, a consumer financial services company which operates more than 1,200 storefronts in 25 states across the nation, will be moving out of the space later this year.
“As many other companies have experienced, we now have a more remote workforce, and the current space is underutilized by the organization,” said Jessica Rustin, Chief Executive Officer at Purpose Financial. “Spartanburg has served us well, and we remain invested in fostering the community’s talent pool. We’re excited to see how the building will be repurposed.”
OneSpartanburg, Inc., responsible for economic development in the City of Spartanburg, notes a high demand for Downtown Spartanburg office spaces from 4,500 to 20,000 sq. ft.
"We are incredibly grateful to JDA for ensuring this building remains locally owned, and for aligning it with the demand we are experiencing," said Katherine O'Neill, Chief Economic Development Officer at OneSpartanburg, Inc. "We see companies say 'I'm in, but where do I go?;' this space will help solve that problem."
JDA expects office space in this building to be available late this summer. For leasing information, contact Alex Powell at apowell@johnsondevelopment.net.
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About Johnson Development Associates, Inc.
Johnson Development Associates, Inc. (JDA), part of The Johnson Group, is a multi-division real estate developer of industrial, multifamily, and self-storage properties. JDA has developed 28 multifamily properties, over 26 million square feet of industrial product, and 65 self-storage facilities across the country. Proudly headquartered in Spartanburg, JDA also owns 500,000 square feet of downtown office and retail and together with its affiliate companies, employs over 1,000 team members in the city. For more information, visit www.JohnsonDevelopment.net.
About OneSpartanburg, Inc.
Our mission is to build a vibrant Spartanburg through business, economic and tourism development. Whether you’re looking for business resources, economic expertise, community leadership or tourism information, OneSpartanburg, Inc. is where you’ll find it. Our collaborative organization was formed by merging the Spartanburg Area Chamber of Commerce, the Spartanburg Convention and Visitors Bureau, and the Spartanburg Economic Futures Group to maximize our community's investment. www.onespartanburginc.com
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