Darlington, SC – March 14, 2024 – Marlboro Development Team, Inc. (MDT), a South Carolina based real estate developer focused on single tenant build-to-suits, value-add acquisitions, and strategic investments throughout the U.S., is pleased to announce the purchase of the I-20 Industrial Park, a 163-acre certified Class A Industrial Park in Darlington County, South Carolina.

Located on Interstate 20 at Highway 340 (Exit 137), just five miles from Interstate 95, the industrial park’s proximity to two of the country’s largest interstates is certain to attract significant attention. The I-20 Industrial Park is also just 35 miles from the South Carolina Inland Port at Dillon, where MDT has another 3,000+ acres of available industrial land and is just 15 miles from the very successful Pee Dee Commerce City in Florence, South Carolina, also owned and operated by MDT.

“We are excited about the economic development possibilities for this shovel ready industrial park,” said William Fleming, president and CEO of Marlboro Development Team and parent company MPD Electric Cooperative (MPD). “Our hope is that the I-20 Park will continue the momentum for new industrial growth, jobs and capital investment.”

Developing industrial parks and standing at the forefront of industrial recruitment in the southeastern United States, especially the Pee Dee Region, is a core value of MDT, a subsidiary of MPD Electric Cooperative, the nation’s largest industrial electric cooperative. The parks in this region ultimately create multiple layers of added value, not only because of the additional jobs and tax base new investment brings, but also the additional power sales that enable MPD to remain the lowest cost power supplier in the state.

“Economic development is directly tied to increased per capita income for the citizens of our community,” said South Carolina Senator Gerald Malloy. “I am pleased to have been part of this process with MDT and look forward to the opportunities it brings to the region.”

“Darlington County supports Marlboro Development Team and MPD Electric Cooperative’s acquisition and continued development of the I-20 industrial park,” said Charles Stewart, Darlington County Administrator. “We are looking forward to the positive impacts their expertise will bring for this site in future economic development for Darlington County.”

About Marlboro Development Team, Inc.

Marlboro Development Team is a South Carolina based real estate developer focused on single tenant build-to-suits, value-add acquisitions, and strategic investments throughout the United States. The senior management of MDT has a proven track record of 100+ years of development experience with successful delivery of over 13 million square feet across a broad spectrum of development projects including industrial, retail, and commercial.