{"id":1004690982,"date":"2023-11-17T05:13:30","date_gmt":"2023-11-17T13:13:30","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004690982"},"modified":"2023-11-17T06:05:21","modified_gmt":"2023-11-17T14:05:21","slug":"stonemont-financial-jv-completes-700-skf-industrial-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/stonemont-financial-jv-completes-700-skf-industrial-campus\/","title":{"rendered":"Stonemont Financial JV Completes 700 KSF Industrial Campus"},"content":{"rendered":"<div id=\"attachment_1004691003\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/MicrosoftTeams-image-3-e1700218275295.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004691003\" data-attachment-id=\"1004691003\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/stonemont-financial-jv-completes-700-skf-industrial-campus\/microsoftteams-image-3-3\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/MicrosoftTeams-image-3-e1700218275295.jpg\" data-orig-size=\"799,599\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Lakeshore Corporate Park\" data-image-description=\"&lt;p&gt;Lakeshore Corporate Park&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Lakeshore Corporate Park. Image courtesy of Stonemont Financial Group&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/MicrosoftTeams-image-3-e1700218275295.jpg?w=799\" class=\"wp-image-1004691003 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/MicrosoftTeams-image-3-e1700218275295.jpg?w=300\" alt=\"Lakeshore Corporate Park\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/MicrosoftTeams-image-3-e1700218275295.jpg 799w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/MicrosoftTeams-image-3-e1700218275295.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/11\/MicrosoftTeams-image-3-e1700218275295.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004691003\" class=\"wp-caption-text\">Lakeshore Corporate Park sits on 50 acres. <em>Image courtesy of Stonemont Financial Group<\/em><\/p><\/div>\n<p><strong>Stonemont Financial Group<\/strong> has completed Lakeshore Corporate Park, a three-building Class A industrial campus totaling 702,250 square feet in Kannapolis, N.C. Developed in partnership with<strong> Fortius Capital Partners<\/strong>, the project broke ground in July 2022.<\/p>\n<p>The development team also includes <strong>Choate Construction Co<\/strong>. as general contractor in charge, <strong>Triad Design Group<\/strong> as architect of record and <strong>Oak Engineering<\/strong> as civil engineer. <strong>CBRE<\/strong> is providing leasing services.<\/p>\n<p>Lakeshore Corporate Park consists of:<\/p>\n<ul>\n<li>the 128,750-square-foot Building 1, equipped with 32-foot clear heights, 26 dock high doors, two drive-in doors and 117 vehicle parking spots.<\/li>\n<li>the 294,500-square-foot Building 2, that includes 36-foot clear heights, ESFR sprinkler systems, a 1,935-square-foot speculative office component, two drive-in doors, 41 dock high doors and 181 vehicle parking spots.<\/li>\n<li>Building 3, totaling 279,000 square feet, equipped with 36-foot clear heights, ESFR sprinkler system, a 1,990-square-foot speculative office space, two drive-in doors, 56 dock high doors and 144 vehicle parking spots.<\/li>\n<\/ul>\n<p>Additionally, the industrial campus is situated off of Interstate 85, providing two ingress and egress points, as well as 76 trailer parking spots. While Buildings 2 and 3 are available for lease, Building 1 has been sold to Chick-fil-A, to be used as a distribution center.<\/p>\n<p>Lakeshore Corporate Park is developed on the local minor league baseball team\u2019s stadium, Kannapolis Intimidators, that was built in 1995 and demolished. The 50.5-acre property is 8 miles from Concord, N.C., 15 miles from Concord-Padgett Regional Airport, 29 miles from Charlotte, N.C., and within 52 miles of Winston-Salem, N.C. CBRE\u2019s team of Senior Vice Presidents Bryan Crutcher and Anne Johnson are marketing the properties for lease.<\/p>\n<h2>Recently delivered projects in the area<\/h2>\n<p>In October, Stonemont Financial Group completed another industrial project in the Southeast. In a joint venture with The Davis Cos., the company delivered two industrial buildings totaling<a href=\"https:\/\/www.commercialsearch.com\/news\/stonemont-jv-delivers-2-7-msf-industrial-space-in-savannah\/\" target=\"_blank\" rel=\"noopener\"> 2.7 million square feet<\/a>, in Rincon, Ga. The properties are build-to-suit projects for Lowe&#8217;s and are situated within Georgia International Trade Center, a 1,150-acre master-planned industrial campus.<\/p>\n<p>Other recently delivered industrial projects in the area include <a href=\"https:\/\/www.commercialsearch.com\/news\/trinity-capital-completes-charlotte-area-industrial-project\/\" target=\"_blank\" rel=\"noopener\">Trinity Capital Advisors&#8217; Delta Industrial Park<\/a>, a 876,587-square-foot building in Gastonia, N.C. Construction on the project commenced in late 2021, with Frampton Construction serving as general contractor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lakeshore Corporate Park comprises three buildings in suburban Charlotte, N.C.<\/p>\n","protected":false},"author":2991,"featured_media":1004691003,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1582,21782,21748,21742,32781],"tags":[32789,38055,52247,37349],"class_list":["post-1004690982","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-charlotte","category-development","category-industrial","category-latest","category-southeast","tag-cbre","tag-choate-construction-company","tag-fortius-capital-partners","tag-stonemont-financial-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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