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Lovett Industrial closes on 27.4 acres for 351,030-square-foot industrial facility in Durham, N.C.
Transactions - AUGUST 28, 2024

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Lovett Industrial closes on 27.4 acres for 351,030-square-foot industrial facility in Durham, N.C.

by RELEASED

Lovett Industrial recently closed on a 27.4-acre land site and is preparing to break ground on Durham Logistics Center, consisting of 351,030 square feet of class A industrial space in Durham, N.C.

Situated at a location facing the intersection of Interstate 85 and I-885 in Durham, the Durham Logistics Center benefits from direct access to the vital transportation and logistics corridor that has fueled the growth of the Sun Belt. Additionally, the project offers exceptional access to the entire booming Raleigh-Durham MSA and its key demand generators, including the renowned Research Triangle Park (RTP) located 10 miles away.

Durham Logistics Center will feature the following class A specifications: 36-foot clear height, seven-inch reinforced concrete slab, 84 dock-high doors, 185-foot-deep truck court and 86 trailer parking spaces. Groundbreaking is expected to take place in late August, and the project is slated for completion early in the fourth quarter of 2025.

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