Trinity Partners Announces the Sale of 2715 Gray Fox Road

A single-tenant office/warehouse building in the Industrial Ventures II Business Park in Monroe, North Carolina

Monroe, North Carolina – March 12, 2024 – 2715 Gray Fox Road, a 19,593 square foot industrial building located in the Industrial Ventures II Business Park in Monroe, has officially sold to a private owner/user. Dunn Mileham, David Morris, and Eric Jennings of Trinity Partners handled the transaction on behalf of the seller.

At the time of the sale, the building was unoccupied. The selling party, Thomas Precision Technologies, LLC, had previously occupied the property until 2023, when operations were consolidated into an affiliated company’s facility in Georgia.

“The property was ideally suited for an owner-user seeking to take advantage of the strong labor market, excellent access, and numerous amenities in proximity to the Southeast Charlotte location,” said Dunn Mileham, Division Partner, Investment Sales at Trinity Partners. “Given the limited additions to the overall supply of office/warehouse space in the greater Charlotte area, there are few options for companies seeking to expand, particularly in this size range, which serves to further enhance demand and support pricing for available opportunities.”

Located just off Highway 74 near the intersection of Sardis Church Road, the Industrial Ventures II Business Park serves businesses in the Southeast Charlotte region, including the towns of Indian Trail and Monroe. The park features easy access to dense area amenities and suburban residential communities via Highway 74, Highway 74 Bypass, and I-485, including restaurants, grocery and home improvement retailers, numerous single and multi-family housing options, and neighborhood services that support the tenants located in the park.

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