Rock Hill, South Carolina, December 18, 2025
McKesson Corporation has sold its Rock Hill distribution facility for $26.5 million as part of a strategic shift to streamline operations. The 300,080-square-foot facility, which closed in March 2025, was purchased by Atlanta Property Group. This sale highlights a national trend of companies reassessing their assets and focusing on core areas. While nearly 200 employees were laid off, there are hopes for new business ventures that could revitalize the local economy and create job opportunities in the Rock Hill area.
McKesson Sells Rock Hill Distribution Facility for $26.5 Million
Local Impacts of the Sale and Future Opportunities for Rock Hill
Rock Hill, South Carolina – In a significant move for the local business landscape, McKesson Corporation, a Fortune 50 healthcare services company, has sold its 300,080-square-foot distribution facility in Rock Hill to Atlanta Property Group for $26.5 million. The facility has been closed since March 2025 and previously operated as a distribution hub for McKesson Medical-Surgical Inc., a division of the corporation. This sale comes as part of McKesson’s broader strategy to streamline its operations and concentrate on critical growth areas like oncology and biopharma services.
This transaction is reflective of a national trend where corporations are reassessing their assets and focusing on their core competencies. McKesson’s decision could reinvigorate the local economy as new potential developments arise from the new owners, showcasing the dynamism of the Rock Hill business environment.
Understanding McKesson’s Strategic Shift
McKesson Corporation, headquartered in Irving, Texas, has made it clear that it is undergoing a strategic realignment to enhance its operational efficiencies. The closure of the Rock Hill facility resulted in nearly 200 employees being laid off, emphasizing the need for companies to adapt to rapidly changing markets. This follows the sale of McKesson’s Rexall and Well.ca businesses, enabling the company to focus resources on high-priority segments.
Future Prospects for the Rock Hill Facility
With the facility now under new ownership, there is optimism about the potential revitalization of the site. Atlanta Property Group’s expertise in property development may lead to new ventures that could create jobs and increase economic activity in the region. The Rock Hill area has shown remarkable resilience and adaptability amongst its local entrepreneurs, providing a fertile ground for new business endeavors.
Impact on Local Employment
The closure of the McKesson facility highlighted challenges in job security and economic stability for those affected employees. However, as new businesses emerge from the property’s new ownership, there is hope for job creation and a renewed economic drive in Rock Hill. The community’s ability to bounce back from setbacks will be vital as it navigates these changes.
Current Market Situation
As of December 18, 2025, McKesson’s stock is trading at $806.52, illustrating the company’s ongoing strategic adjustments. Investors are keenly watching how the divestment of non-core assets translates into enhanced operational efficiencies and robust growth in their newly focused areas.
Conclusion: A Call to Action for Local Entrepreneurs
The recent sale of McKesson’s Rock Hill facility presents both challenges and opportunities. As the local economy adjusts to these changes, Rock Hill’s entrepreneurs and business leaders are encouraged to explore innovative avenues that foster resilience and growth. Supporting local businesses and participating in community economic initiatives can strengthen Rock Hill’s future as a vibrant economic hub in South Carolina.
Frequently Asked Questions (FAQ)
What is McKesson Corporation?
McKesson Corporation is a Fortune 50 healthcare services company that distributes pharmaceutical and medical-surgical supplies.
Why did McKesson sell the Rock Hill facility?
The sale is part of McKesson’s efforts to streamline operations and focus on its core growth areas, particularly oncology and biopharma services.
What happened to the employees at the Rock Hill facility?
Nearly 200 employees were laid off following the closure of the facility in March 2025.
What is McKesson’s current stock price?
As of December 18, 2025, McKesson’s stock (NYSE: MCK) is trading at $806.52.
Key Features of the Rock Hill Facility Sale
| Feature | Details |
|---|---|
| Facility Size | 300,080 square feet |
| Buyer | Atlanta Property Group |
| Sale Price | $26.5 million |
| Previous Investment | $27.5 million in 2015 |
| Employee Impact | Nearly 200 employees laid off |
| Closure Date | March 2025 |
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