High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Boston & New England CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Boston & New England  + Atlanta & Southeast + Boston  + Industrial  | 

Rockpoint Snags Two Light Industrial Parks in North Carolina

Rockpoint, a Boston-based real estate private equity firm, said Monday it acquired six trophy-quality light industrial buildings in the Raleigh and Charlotte, NC markets. Terms were not disclosed. Rockpoint will manage and operate the portfolio in partnership with Rockhill Management, Rockpoint’s dedicated property services affiliate, and Rockpoint Industrial,its exclusive industrial operating partner.

The acquisition encompasses a total of 279,507 square feet in six buildings across two North Carolina locations. The Garner Commerce Center consists of three buildings and 128,006 square feet in the Raleigh-Durham market. The other three buildings, at the I-77 Commerce Center in Charlotte, encompass 151,501 square feet.

“These investments reflect our focus on high-quality, infill light industrial assets in select growth markets,” said Fred Borges, senior managing director at Rockpoint. “The Southeast, including selected North Carolina markets, continues to show strong demand for industrial space.”

The Garner Commerce Center was completed in 2024 and is 91% leased to 16 tenants. The I-77 Commerce Center was completed in 2025.

Photo courtesy of CBRE.

Connect

Inside The Story

Rockpoint

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition