FOR IMMEDIATE RELEASE

Spartan Logistics Acquires Commerce Warehouse

Anderson, SC - February 7, 2023 - Spartan Logistics, a leading provider of logistics and supply chain solutions based in Columbus, Ohio, has announced the acquisition of Commerce Warehouse in Anderson, South Carolina. The acquisition will strengthen Spartan Logistics' position in the South Carolina market making this its third location in the state. This also becomes Spartan’s 20th warehouse location, putting the company at over 4 million square feet of operating space.

This location consists of several different operating facilities, with a total of 420,000 SF in warehouse space. Spartan Logistics initially began discussions with Commerce representatives in November 2022, and officially took over management of the existing location on February 1. The existing customer base includes several fortune 1000 customers, and Spartan will look to add new strategic partners at the Anderson, SC location in the near future.

"We are very excited to add new customers and team members to the Spartan Logistics family. This acquisition aligns with our plan for strategic growth and expanding our reach in markets we currently serve," said Steve Harmon, CEO of Spartan Logistics. "We look forward to redeveloping the site, bringing world-class service, and implementing technology solutions through operating by our core values."

About Spartan Logistics: Spartan operates industrial real estate as a third-party logistics company combined with asset-based freight services. Spartan serves over 100 supply chain customers at 20 warehouse locations across seven states.

Contact: Nick Harmon, Spartan Logistics

Phone: 614-497-1777 Email: nharmon@spartanlogistics.com

Website: spartanlogistics.com

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