Davis Cos., Intersect to Develop 462,000 SF Industrial Facility in Gastonia, North Carolina
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
Editorial analysis · Real Estate Trail Editorial
GASTONIA, N.C. — A joint venture between The Davis Cos. and Intersect Development Group has plans to develop a 462,000-square-foot industrial facility located at 2550 Jenkins Dairy Road in Gastonia, a western suburb o…
External link. Real Estate Trail does not republish source content.
Related coverage — Industrial
Cowboy Space Leases 291,035 SF Industrial Facility in Kent, Washington for Production Site
KENT, WASH. — Cowboy Space, an aerospace and advanced manufacturing firm, has leased a 291,035-square-foot facility at 7650 S. 228th St. in Kent, a suburb 20 minutes south of Seattle, from CenterPoint. Thad Mallory an…
Amazon Occupies 312,474 SF Industrial Building in Romulus, Michigan
ROMULUS, MICH. — Amazon has moved into Building 4 at Romulus Trade Center in Michigan. Contegra Construction completed the 312,474-square-foot industrial building on behalf of NorthPoint Development. The property was…
Stone Bridge Investment Group Acquires 135,303 SF Industrial Portfolio Near Akron, Ohio
JACKSON TOWNSHIP, OHIO — Stone Bridge Investment Group has acquired a two-building industrial portfolio at 7774 and 7810 Whipple Ave. NW in Jackson Township, south of Akron. The properties total 135,303 square feet. L…
10 Counties Hold 42% of U.S. Data Centers. Home Prices Rise Faster There.
A new report from the National Association of Realtors (NAR) has determined that only a few U.S. counties are home to the ongoing data center development boom , and that the construction of these facilities raises hom…
NAR: Data centers’ housing impact anything but uniform
Loudoun County, Virginia, leads the nation with 213 data center facilities
North Palisade Partners to Cut Ribbon on 70,000 SQFT Advanced Manufacturing Facility in Fremont
North Palisade Partners is preparing to formally open the Palisade Fremont Innovation Center, a $30 million, Class-A advanced manufacturing facility that lands in one of the tightest industrial submarkets in the count…