McCraney Property Co. has acquired 150 acres of land in an off-market assemblage of four parcels at the intersection of Garrison Road and West Boulevard in Charlotte, N.C. This transaction is believed to be the last remaining premium parcel in Charlotte’s Southwest Airport industrial submarket.
Following the unanimous approval of the City’s officials rezoning from residential to industrial, the site plan is with the City for review. If approved, McCraney Property Co. will build 485 Logistics Industrial Park, a speculative class A industrial park encompassing 1.21 million square feet across five buildings. Within McCraney Property Company’s portfolio of industrial assets in this highly desired region, the addition of 485 Logistics Industrial Park will bring the firm’s local market total square footage of development to 2 million.
“The connectivity of 485 Logistics Industrial Park — less than one mile from Interstate 485 and within convenient proximity to Cha
