Crescent Communities has closed three new industrial investments, totaling 1.65 million square feet across eight buildings in three markets — AXIAL Crosspoint in Greenville, South Carolina; AXIAL Bonds Farm in Concord, North Carolina; and AXIAL 301 Manatee in Bradenton, Florida.
The new and improved platform experience will first be executed through the AXIAL Bonds Farm, AXIAL Crosspoint, and AXIAL 301 Manatee projects, all set to begin construction in early 2022 and slated for completion in 2023. AXIAL Bonds Farm will deliver three rear-load buildings totaling 809,720 square feet, and AXIAL Crosspoint will consist of three rear-load buildings totaling 532,500 square feet. AXIAL Bonds Farm will offer various-sized buildings with ample employee parking to accommodate international, national, and regional users with a focus on manufacturing, assembly, and last-mile fulfillment. AXIAL Crosspoint will feature modern clear heights and trailer parking, providing flexibility to ac