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Avison Young arranges sale of ±17.28-acre industrial site in Charlotte, NC for $6.15M
Trinity Capital to build a 171,920-square-foot industrial spec building with outdoor storage
Charlotte, NC – Global real estate advisor Avison Young has brokered the sale of a ±17.28-acre industrial site located at 2241 Graham Park Drive in Charlotte, North Carolina on behalf of the seller, Graham Park Ventures, LLC, for $6.15 million. The buyer, Trinity Capital, will develop Graham Park CLT, a 171,920-square-foot (sf) class A industrial spec building with outdoor storage on the site in a joint venture partnership with a real estate fund advised by Crow Holdings.
Avison Young Principal Tom Tropeano, Chris Loyd and Vice President Gray Gaines brokered the sale. Tropeano, Gaines and Principal Henry Lobb will handle leasing for Graham Park CLT. Edifice Construction is the general contractor and United Bank is providing financing.
Set to break ground in Q3 2025 with delivery anticipated Q3 2026, Graham Park CLT will offer a rare chance to secure space in the Carolinas’ largest and most land-constrained industrial submarket. The building will feature multiple storefronts, flexible demising options for multi-tenant configurations, concrete tilt-wall construction, 32-foot clear height, ESFR sprinklers and a combination of dock-high and grade-level loading doors. With the added advantage of a two-acre dedicated outdoor storage area, this highly adaptable facility is designed to meet the needs of a wide range of industrial users.
“This transaction exemplifies the continued demand for industrial development sites in Charlotte’s most competitive submarkets,” said Tropeano. “We’re proud to support Trinity Capital as they bring much-needed, modern industrial space with outdoor storage to market—an offering that’s increasingly rare in the Stateline submarket and well-positioned to capture strong tenant interest.”
Strategically positioned along the North and South Carolina border, Graham Park CLT’s tenants will have access to a deep and diverse labor pool and excellent freeway connectivity in a location surrounded by established and respected industrial users in a highly sought-after location. Coupled with the I-2 zoning, Graham Park CLT will attract industrial occupiers seeking efficient operational capabilities with unmatched access to major trucking routes.
“The acquisition of Graham Park CLT demonstrates our investment strategy where we identify top-quality opportunities in markets with high barriers to entry, large population centers, and strategic distribution infrastructure, which all drive strong consumer consumption and are protected by significant limitations on new development,” said Jordan Quinn, Industrial Partner at Trinity Capital.
Overall vacancy in the Stateline submarket sits at 8.5%, well below the market average of 10.2% according to Avison Young’s Q2 Charlotte industrial market report. With annual net absorption across the Charlotte market up to 2.2 million sf so far in 2025, already a 30% increase over the entirety of 2024, demand remains strong.
About Avison Young
Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.
Avison Young is a 2025 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 14 consecutive years.
About Trinity Capital
Trinity Capital Advisors focuses on the acquisition and development of institutional-quality commercial real estate in the southeastern United States. The firm has invested more than $4.5 billion acquiring and developing more than 30 million square feet of the most successful workplace real estate projects in North Carolina, South Carolina, Tennessee, and Florida, including CBD office towers, industrial portfolios, suburban office parks, and mixed-use developments. Investments are capitalized through various Trinity Capital investment vehicles and partnerships with some of the country’s top institutional investors. Learn more at trinitycapitaladvisors.com.
About Crow Holdings Capital
Crow Holdings Capital (CHC) is a real estate investment management company specializing in multifamily, industrial, and specialty property types delivered through strategies that span the risk-return spectrum. Since 1998, CHC has created a diversified portfolio in partnership with leading global investors and generating attractive returns across multiple market cycles. Led by a highly experienced leadership team, CHC manages $19 billion in real estate assets and is a subsidiary of Crow Holdings, a privately owned real estate investment and development firm with over 75 years of history, $33 billion of assets under management, and an established platform with a vision for continued success. The firm’s ongoing legacy is rooted in its founding principles: partnership, collaboration, and alignment of interests. For more information, please visit www.crowholdings.com.
Media Contact
Avison Young: Reilly Lockwood: [email protected], 508.808.1202
Trinity Capital: Anna Burlos: [email protected]