$40M industrial facility coming to Johnston County could support hundreds of jobs
March 8, 2022
// Triangle Business Journal
RALEIGH– The project will be the largest speculative facility ever built in the Triangle, according to officials. It could eventually total more than 1 million square feet.
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Edgewater Ventures paid $25 million for 601 Keystone Park Drive in Morrisville, according to Durham County deed records. The acquisition was a joint venture with Optimum Asset Management, which has offices in Boston and Europe.
The first phase of Wilmington Trade Center, a master planned industrial park on U.S. 421, recently wrapped up, while work on the next phase is now underway.
A Longs-area industrial park that currently serves Amazon and Pepsi distributors plans to expand with a 60-acre acquisition, offering more space for industries to step into Horry County.
