Charlotte’s Commercial Leasing Strength Continues in Atando Business Park
June 02, 2020
Beacon Partners has announced that Atando Business Park is now 96 percent leased with the addition of Southeastern Enterprises, a full-service machine shop for Container Products Corporation, a worldwide leader in manufacturing storage and shipping containers, as well as volume-reducing compactors. The company signed a lease for a 10,460 square foot, single-tenant building at 3545 Asbury Avenue.
David Miltz, General Manager of Southeastern Enterprises said, “Beacon Partners has made the search for a new machine shop location seamless. The location and building are a great fit for us. The business park is well maintained and well known in the area. We look forward to a lasting partnership with Beacon.”
The news of the Southeastern Enterprises signing came amid reports that Charlotte’s industrial market could see new opportunities now and in the future as the Covid-19 pandemic causes changes in manufacturing strategies.
“We see new opportunities on the horizon and are well positioned to take advantage of them.” said Jack Riazzi, Industrial Leasing agent for Beacon Partners. “Companies have quickly seen firsthand how crowded business districts and tight living space in big cities impacts their operations and employees. As they rethink their growth strategies within both manufacturing and e-commerce, they will begin to look at cities like Charlotte that have a wealth of cultural opportunities and an amazing quality of life that isn’t dependent on mass transit.”
Atando Business Park is an established warehouse park totaling more than 1.2 million square feet. Located directly off of I-77 from Exit 12 (Atando/LaSalle), it is within minutes of I-85, Uptown Charlotte and is ideally situated for distribution in central Charlotte. The new machine shop for Container Products Corporation, founded in 1981 and known as a design innovator in its industry, will support the company’s headquarters, engineering, and manufacturing functions in Wilmington. Jack Riazzi represented Beacon Partners and Charles Neil with Divaris Real Estate represented SE Enterprises on the lease.