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Avison Young represents Charleston-based LSV manufacturer in market expansion into the Midwest
Bintelli adds 150,000 sf industrial facility in Jeffersonville, Indiana
Charleston, SC and Jeffersonville, Indiana – Avison Young today announced that it has assisted in a market expansion on behalf of Bintelli, a Charleston-based low speed vehicle (LSV) manufacturing company. The company will increase its manufacturing and operations footprint by leasing 150,000 square feet (sf) of industrial space in River Ridge Commerce Center, located at 1501 Trey Street, Jeffersonville, Indiana.
Bintelli was represented by Ashley Jackrel, Senior Vice President, Office & Investment Services, CCIM who is based in the firm’s Charleston office and Matt Ryder, Principal, U.S. Consulting Services, based in the firm’s Atlanta office. They provided consulting services, location strategy support, labor analytics, economic development incentives, and supply chain and distribution planning. Dustin Coffman, Executive Vice President of PRG Commercial Property advisors in Indiana, assisted with local site selection.
“Expanding into Indiana is a huge step for Bintelli in their business scaling and growth strategy,” said Jackrel. “We’re proud to provide market insights and tailored solutions to help Bintelli make their real estate decisions that help them with their business goals and continued success in new markets.”
Bintelli was founded in 2000 by Justin Jackrel. The company currently has the largest LSV manufacturing facility in the U.S. in South Carolina and is a five-time Inc. 5000 company. Their products include golf carts, shuttles, vehicles, parts, and accessories. Bintelli will invest over $4 million into the Jeffersonville, IN region and create approximately 67 new jobs with the expansion.
“Bintelli’s explosive growth over the last few years has been extremely rewarding,” said Justin Jackrel, President of Bintelli. “We couldn’t be more excited to expand our operations with this new facility at River Ridge Commerce Center. The proximity to our new logistics partner, Mr. P Express played a big part in choosing this location for our new assembly facility. We look forward to opening our newest expansion and working with such amazing new regional partners.”
About Bintelli
Bintelli Electric Vehicles is your home for the most extensive selection of street-legal electric vehicles, including electric golf carts and shuttles, commercial electric vehicles, low-speed vehicles, parts, and accessories. For more information on Bintelli, visit www.bintelli.com.
About Avison Young
Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.
Avison Young is a 2023 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 12 consecutive years.