AXIAL Industrial By Crescent Communities Announces Land Closing at AXIAL Southgate 77
Rock Hill, SC investment will deliver 270,557 square feet of industrial property
CHARLOTTE, NC – Crescent Communities, a nationally-recognized, market-leading real estate investor and developer, today announces the closing of AXIAL Southgate 77, the newest investment under the AXIAL Industrial brand, in Rock Hill, SC. Construction is slated to begin in early 2023.
Totaling 270,557 square feet across two buildings, AXIAL Southgate 77 will offer 32-foot clear heights, rear-load capacity, concrete tilt-wall construction, and ample parking for future tenants. One of the buildings is a build-to-suit for Goodwill Industries, which totals 50,276 square feet and will serve as one of the company’s Southern Piedmont regional locations.
“As we continue to build upon the momentum and success of the AXIAL brand, we are excited to bring the latest in high-quality industrial facilities to the Rock Hill area,” said Bryan Blythe, Managing Director of AXIAL Industrial at Crescent Communities’ Commercial business unit. “AXIAL Southgate 77 will continue Crescent Communities’ many industrial investments across South Carolina, and we look forward to welcoming future tenants into this market.”
The second building within the development, totaling 220,281 square feet, is currently available for lease, with the ability to accommodate multiple tenants. Located within the Antrim Business Park near Winthrop University, AXIAL Southgate 77 is strategically located on Galleria Boulevard in Rock Hill, SC, with immediate access to I-77 at Dave Lyle Boulevard to the north or Highway 21 to the south.
“As the developer of Antrim Business Park, it is gratifying to see this last site in the development built out to create additional quality job opportunities for Rock Hill in addition to the more than 1,000 jobs already in the park,” said Skip Tuttle, Principal, The Tuttle Company.
AXIAL Southgate 77 will be located at 1179 Galleria Boulevard in Rock Hill, SC. Partners include The Tuttle Company and JTM Capital (development partners), Progressive AE (architect and civil engineer), Choate Construction (contractor), JLL (leasing), Faison Enterprises, Inc. (equity partner), and Atlantic Union Bank (lender).
Crescent Communities’ Industrial portfolio totals $800 million across 58 projects, and over 15 million square feet of completed, under construction, or planned projects. In addition to AXIAL Southgate 77, Crescent Communities’ Industrial projects currently under construction or operating include AXIAL 301 Manatee (Bradenton, FL), AXIAL Crosspoint (Greenville, SC), and AXIAL Bonds Farm (Concord, NC).
About Crescent Communities:
Crescent Communities is a nationally recognized, market-leading real estate investor, developer and operator of mixed-use communities. We create high-quality, differentiated residential and commercial communities in many of the fastest growing markets in the United States. Since 1963, our development portfolio has included more than 83 multifamily communities, 24 million square feet of commercial space and 60 single family master-planned communities. Crescent Communities has offices in Charlotte, DC, Atlanta, Orlando, Nashville, Dallas, Denver, Phoenix and Salt Lake City. Our residential communities are branded NOVEL, RENDER and HARMON by Crescent Communities and our industrial developments are branded AXIAL by Crescent Communities and our life science developments are branded THE YIELD by Crescent Communities.
About Goodwill Industries of the Southern Piedmont:
Goodwill Industries of the Southern Piedmont is a nonprofit organization that connects people to opportunities to find gainful employment and meaningful work. Through its current 30 retail stores and more than 30 donation sites, the Goodwill Opportunity Campus, and partnerships with employers and other organizations, Goodwill builds pathways for members of the community to uncover their passions, enhance their skill sets, and achieve more for themselves and their families—creating a brighter future for all. As a social enterprise, proceeds from the sale of donated goods fund job training and employment services offered free of charge to members of the community. In 2021, Goodwill Industries of the Southern Piedmont provided support to more than 6,100 people and sold more than 15 million items in stores and online. At the Goodwill Opportunity Campus, the organization partners with Charlotte Metro Credit Union, Charlotte Community Health Clinic and Dentistry, among others, to provide health and financial resources so individuals can truly be successful in work and life.
You can learn more about Goodwill programs and services and view testimonials from participants by visiting www.goodwillsp.org.