News South Point Success: 36,500 SF of leasing in five months

GID Real Estate Investment awarded Trinity Partners the leasing duties for their South Point industrial park in February 2014. Since then, Trinity’s William Maxwell has taken the park from 66% to 81% occupancy, leasing over 36,500 SF of space in the southwest Charlotte Park (13504 South Point Blvd, 13900 South Lakes Drive, 14201 South Lakes Drive, and 14301 South Lakes Drive).
- Industrial Piping, Inc. leased 9,500 sf of space. Maxwell represented both the landlord and the tenant. IPI manufactures industrial piping, and this unit specializes in fire sprinkler equipment fabrication, installation, and maintenance.
- Sizewise leased 10,240 SF, represented by Cassidy Turley’s Charlie Ripple. Sizewise is a global medical equipment manufacturer with 60 locations, primarily on the west coast. They’re expanding in the southeast as a result of their recent contracts with Carolinas Healthcare System.
- WTO leased 7,500 SF. WTO is a German producer of precision tool holders for many manufacturing companies.
- Rotary Die Specialties leased 4,100 SF.
- Vericon Construction renewed their lease for 5,160 SF.
“This has been a whirlwind five months,” said Maxwell. “Prospects and tenants appreciate the high quality buildings and natural setting that provides mature park like features like walking trails, ponds and picnic areas. Also, Krispy Kreme doughnuts. I like to bring Krispy Kreme to meetings with my tenants. It’s a small way to show them how well they’ll be taken care of at South Point, and who doesn’t love a Krispy Kreme doughnut?”
Maxwell continues to tour prospects through the park, with spaces available from 1,600 SF to 36,400 SF. “South Point continues to be one of Charlotte’s most popular parks, especially among European firms who look for high-quality buildings and a lush, park-like setting and walking trails. We’re proud to be a mandatory visit for a lot of European companies touring the market, and we look forward to adding more tenants in the Park.”