Raleigh-based Edgewater Ventures to develop first Charlotte-area industrial project
August 6, 2021
// Charlotte Business Journal
CHARLOTTE– A Raleigh-based commercial real estate investment firm has revealed plans to develop its first project in the Charlotte region.
Edgewater Ventures is partnering with Alidade Capital to develop a 159,120- square-foot industrial building at The Park-Huntersville. The project will take a nearly 13-acre site at the industrial park, and groundbreaking is expected later this month. Delivery is targeted for April 2022. Alidade currently owns four existing buildings at The Park.
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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.
Cushman & Wakefield has brokered the $17.5 million sale of a two-property industrial portfolio in Laurel Hill. Situated at 18300 and 18400 Fieldcrest Road, the property is within 100 miles of the Port of Wilmington and is fully leased to High Life LLC, an apparel manufacturer based in New York City.
