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Lovett to Build 2nd NC Industrial Park
Lovett Industrial purchased a 27-acre lot in northeast Durham for $16 million. The industrial developer bought the site with a small warehouse near the Interstate 85/885 interchange with plans to develop a more than 350,000-square-foot industrial building called the Durham Logistics Center. The company is nearly through building a warehouse project in Charlotte.
The developer will demolish the class-C building on-site in order to build a 351,030-square-foot building.
The Durham Logistics Center will have 36-foot clear heights, 84 dock-high doors, 86 trailer parking spaces and a 185-foot-deep truck court. Construction just started it’s expected to be complete in the fourth quarter of 2025. Comerica Bank provided the construction loan.
Andrew Young, Hunter Willard and Larry Lakins of Colliers are handling the leasing efforts for the building. Harper General Contractors of Greenville, South Carolina, is the general contractor for the development.
The current building on the property at 1716 Camden Ave. was built in 1986 and was previously Durham Coca-Cola Bottling and Classic Food.
- ◦Development
