Atlanta & Southeast News In Your Inbox
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Crescent Communities Completes Land Closings for Three Industrial Developments
Charlotte, NC-based Crescent Communities has closing on three new industrial investments totaling 1.65 million square feet across eight buildings in three Southeast markets. The projects will begin construction in early 2022 and are slated for completion in 2023.
- AXIAL Crosspoint in Greenville, SC – three buildings totaling 532,500 square feet
- AXIAL Bonds Farm in Concord, NC – three buildings totaling 809,720 square feet
- AXIAL 301 Manatee in Bradenton, FL – two buildings totally 295,000 square feet
In conjunction with the acquisitions, Crescent Communities named its industrial platform AXIAL Industrial.
Since 1963, Crescent Communities’ development portfolio has included more than 69 multifamily communities, 22 million square feet of commercial space and 60 single family master-planned communities. Its residential communities are branded NOVEL, RENDER and HARMON by Crescent Communities.
Photo: Axial Crosspoint
- ◦Sale/Acquisition
- ◦Development
