Crescent Communities Completes Construction of Goodwill Industries build-to-suit facility at AXIAL Southgate 77
ROCK HILL, South Carolina – (March 6, 2024) – Crescent Communities, a nationally recognized market-leading real estate investor, developer, and operator of mixed-use communities and industrial projects, announced today the completion of construction of a 50,276-square-foot build-to-suit facility at AXIAL Southgate 77 for Goodwill Industries of the Southern Piedmont.
Located on Galleria Boulevard, AXIAL Southgate 77 offers immediate access to I-77 at Dave Lyle Blvd. to the north and Highway 21 to the south. Its corporate neighbors include a variety of industry leaders like Pepsi, Lowe’s, Walmart, Ross Stores, and UPS.
“Rock Hill boasts one of the Southeast’s largest labor pools and has solidified its reputation as a dynamic business hub poised for substantial population growth, making it an ideal home for AXIAL Southgate 77,” said Bryan Blythe, managing director at Crescent Communities. “We’re excited to welcome Goodwill Industries of the Southern Piedmont as our first tenant in the project. The second building in the park, a 220,281-square-foot speculative warehouse, will deliver in May 2024."
The campus contains two buildings totaling 270,557 square feet. The spec warehouse has 32-foot clear heights, an ESFR fire sprinkler system, 53 dock-high loading doors, 4 pit levelers, 2 drive-in doors, 2,500 square feet of office area, and ample parking for future tenants. Currently, 220,281 square feet is available for leasing, with the ability to accommodate a wide range of uses including last mile logistics, distribution, light manufacturing, and assembly.
The completion of Goodwill’s build-to-suit facility at AXIAL Southgate 77 marks the latest project in Crescent Communities’ robust industrial portfolio, including the groundbreaking of AXIAL Midway 321 in Lincolnton, NC, continued construction at AXIAL Rapid Commerce in Charlotte, NC, AXIAL Bonds Farm in Concord, NC, AXIAL Gateway 95 in Richmond, VA, the completion of AXIAL 301 Manatee in Bradenton, FL, and AXIAL Crosspoint in Greenville, SC, collectively solidifying the company’s position as a leader in industrial development. AXIAL by Crescent Communities has experience encompassing more than $869 million in completed industrial projects. Today, its development portfolio features 63 industrial projects, with nearly 14 million square feet of completed projects and more than 3 million square feet of projects in development or operation.
Partners for AXIAL Southgate 77 include The Tuttle Company and JTM Capital (development), Progressive AE (architect and civil engineering), Atlantic Union Bank (debt), Faison (equity), and Choate Construction (general contractor).
For more information on leasing opportunities at AXIAL Southgate 77, contact Matthew Greer (matthew.greer@jll.com), Rich Grieder (rich.grieder@jll.com), and Brad Cherry (brad.cherry@jll.com).
For more information, visit AXIAL Southgate 77’s website.
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About Crescent Communities:
Crescent Communities is a nationally recognized, market-leading real estate investor, developer, and operator of mixed-use communities and industrial projects. We create high-quality, differentiated multifamily and commercial communities in many of the fastest growing markets in the United States. Since 1963, our development portfolio has included more than 85 multifamily communities and 24 million square feet of commercial space. Crescent Communities has offices in Charlotte, DC, Atlanta, Orlando, Nashville, Dallas, Denver, and Phoenix. Our multifamily communities are branded NOVEL, RENDER, and HARMON by Crescent Communities, our industrial developments are branded AXIAL by Crescent Communities, and our life science developments are branded THE YIELD by Crescent Communities.
