$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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Forty540 II is a 200,000 SF next generation office building located in North Carolina’s Research Triangle. Built in 2021 and among the newest office deliveries in the market, the institutional-quality asset is thoughtfully designed and curated.
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.
