Charlotte industrial space<\/a> and spans two sites totaling 11 acres that are separated by a public right-of-way.<\/p>\nDeveloped in two phases from 2022 to 2024, the property consists of purpose-built shallow-bay light industrial buildings that range in size from 23,000 to 46,800 square feet. The buildings feature a variety of depths, clear heights, and loading access (including both drive-in and dock-high loading), and offer the flexibility to serve a wide variety of tenants and configurations.<\/p>\n
What\u2019s more, Springs Business Park is located less than 2 miles from Interstate 85, five miles from the Interstate 85 and Interstate 485 interchange, and a 30-minute drive away from Uptown Charlotte, a strategic location that provides convenient access to the major Southern U.S. metropolitan market that is home to 2.9 million residents.<\/p>\n
\u201cProperties like Springs Business Park offer flexibility to serve a diverse tenant base, making them more resilient through market cycles,\u201d said Ben Harris, head of Rockpoint Industrial. \u201cWe believe that Charlotte’s strong economy and strategic East Coast location, with access to interstate highways, rail, and airports, position this property for long-term value.\u201d<\/p>\n
\u201cThis acquisition supports Rockpoint’s conviction that well-located industrial assets can create attractive long-term investment opportunities,\u201d said Fred Borges, a senior managing director at Rockpoint. \u201cWe believe that the stable tenant base at Springs Business Park demonstrates the value of industrial assets in a growth market like the greater Charlotte area and enables Rockpoint to achieve greater market-level scale, supplementing our existing industrial assets across North Carolina.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Developed in two phases from 2022 to 2024, the four-building industrial property incorporates 119,700 square feet of Charlotte industrial space and spans two sites totaling 11 acres.<\/p>\n","protected":false},"author":48,"featured_media":7504,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6,2],"tags":[],"class_list":["post-7503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-industrial-real-estate-news"],"acf":[],"yoast_head":"\n
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