Halstatt Real Estate Partners: Developing a Game-Changing Industrial Facility in Charlotte-Triad Corridor

Halstatt Real Estate Partners, a real estate private equity firm, has recently announced an exciting new project in the Charlotte-Triad corridor. The company is partnering with Tectonic Real Estate, a Charlotte-based development firm, to develop a two-building industrial facility spanning an impressive 614,220 square feet. This development will cater to the rising demand for industrial space in key markets and will be strategically located between Charlotte and the Triad area, which includes Greensboro, High Point, and Winston-Salem.

The industrial facility will consist of two rear-load buildings with 60-foot speed bays, ensuring optimal functionality for tenants. Additionally, the property will offer ample parking with a total of 505 car spaces and 165 trailer spaces, providing convenience and accessibility for businesses.

According to Peggy Lamb, principal at Halstatt Real Estate Partners, the demand for industrial development remains strong in growth markets like Charlotte, even during periods of economic volatility. The trend of industrial development moving northeast of Charlotte reflects tenants' desire to be situated near new EV power plants and established markets in the region. The scarcity of cost-effective industrial land in the corridor further enhances the appeal of this location for businesses seeking proximity to established markets.

The property's location within the expanding Charlotte Metropolitan Statistical Area (MSA) and the Triad area offers easy access to the region's main economic drivers. Moreover, the area benefits from remarkable population growth, surpassing the U.S. yearly average. Numerous Fortune 500 companies have been attracted to the submarket due to its low cost of doing business, impressive infrastructure, interconnected metropolitan area, growing population, robust labor pool, quality of life, and available lithium resources. This makes the industrial facility ideal for regional and local users focusing on last-mile distribution centers and ancillary services to nearby larger warehouse and manufacturing facilities.

Joining forces with Halstatt Real Estate Partners on this development, Tectonic brings its expertise as a local developer with a history of success across various asset classes in the Southeast. The project's strategic positioning between Charlotte and the Triad, combined with the functional and flexible design of the buildings, caters to the demands of both large and small users. The emphasis on parking for standard vehicles and trailers further enhances the appeal of the development in this high-growth region.

Halstatt Real Estate Partners specializes in identifying value-add and opportunistic real estate projects in Florida, the Southeast, and Texas. The firm collaborates with project sponsors to develop and implement strategic business and capital improvement plans that maximize development and investment opportunities driven by market demand.

Founded by the Sproul family and based in Naples, Florida, Halstatt Real Estate Partners is a women-owned real estate private equity firm. Since 2011, the company has participated in the acquisition and development of over $1 billion worth of real estate assets in the Southeast. Halstatt Real Estate Partners works with best-in-class local and regional operating partners to optimize the value of its real estate investments. The firm counts institutional limited partners, including charitable foundations, endowments, domestic and international family offices, and corporate pension funds, among its investors.

As Halstatt Real Estate Partners embarks on this ambitious industrial development project in the Charlotte-Triad corridor, it continues to solidify its position as a key player in the real estate market. With a focus on providing top-quality, strategically located properties, the company is poised to meet the growing demand for industrial space and contribute to the economic growth of the region.

For more information about Halstatt Real Estate Partners and its projects, please visit [www.halstattrealestate.com](http://www.halstattrealestate.com).