REBusiness Online · Industrial
Davis Cos., Intersect to Develop 462,000 SF Industrial Facility in Gastonia, North Carolina
Via REBusiness Online · September 9, 2026
Compiled by Real Estate Trail Editorial · September 9, 2026
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
Excerpt from REBusiness Online:
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…
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