Beacon Partners will break ground this month on a 143,670 square-foot facility in the RiverOaks Corporate Center. RiverOaks is a master-planned, 1.4 million square-foot manufacturing and logistics’ park, located at the corner of Poplar Tent Road and Derita Road near Concord Regional Airport.
The groundbreaking, which coincides with the recently completed improvements to I-85, Poplar Tent Road and the “Northeast Loop” of I-485, will position customers just one mile east of I-85 via Exit 52 and five miles north of I-485 Exit 31. A confidential client, represented by Matt Greer and John Cashion of JLL, has leased 73,667 square feet and is scheduled to move into the building in spring 2016. The building will have 70,003 square feet of space still available for lease in increments starting at 15,750 square feet.
“Our team is excited to kick off this park with a significant prelease. In addition to the 143,670 square foot building, the prelease enables Beacon to kick off pre-grading of several sites as well as the construction of utility, road and storm water infrastructure. Those improvements will allow the efficient fast-tracking of future speculative and build-to-suit projects,” said Tim Robertson, Beacon’s industrial leasing director.
"Flexible, well-located speculative space is in demand across the Charlotte Region,” said President and CEO of Cabarrus County Economic Development and Cabarrus Regional Chamber of Commerce, Patrick Coughlin. “RiverOaks combines direct access to the interstates and aggressive available incentives for almost any company. We appreciate Beacon Partners willingness to partner with Concord and Cabarrus.”
“RiverOaks Corporate Center offers true of flexibility, with the ability to cater to a wide variety of users who continue to be active in the market,” said Steve Osborne, Deputy Planning Director for the City of Concord.
General contractor for the project is Choate Construction, with Merriman Schmitt as the architect and ColeJenest & Stone as the civil engineer.