News Trinity Partners Sucessfully Leases 150,000 Square Foot Single Tenant Industrial Building at 2301 Nevada Boulevard

Oct 9, 2012

CHARLOTTE, NC – October 9, 2012 – Trinity Partners announced today the addition of a new, full-building user at 2301 Nevada Blvd. in south Charlotte. Trinity handles leasing and property management for the facility, purchased in late 2011 by TA Associates Realty of Boston, MA.

The new tenant is Forward Air Solutions, Inc. (“FAS”). A national distribution network and logistics services provider, FAS specializes in customized store delivery for retailers, healthcare distributors, publishers, the hospitality industry, and other companies. FAS is relocating their Charlotte operation from an existing facility at Ridge Creek Distribution Center.

Bill Wood of Trinity Partners represented TA Associates Realty in lease negotiations. FAS was represented by Mike Bauer of Fischer & Company in Dallas, TX.

“The building’s ideal location, cross-dock configuration, and substantial fenced trailer parking made it ideally suited for Forward Air’s operation”, says Bill Wood. “With the successful leasing of 2301 Nevada Blvd., TA Associates’ Charlotte portfolio of +1.4 million square feet is now approximately 90% leased”.

TA Associates Realty, established in 1982, is one of the largest and most experienced privately held real estate advisors in the United States. Current assets under management total approximately 85 million square feet of commercial real estate and 8,000 residential units located in over 35 markets nationwide.

TA Associates currently has a portfolio of +1.4 million square feet of multi-tenant industrial product in the Charlotte market. Other assets include three (3) buildings at Woodland Business Park, 11515 Nations Ford Road, 11701 Goodrich Drive, and 10810 Reames Road. TA currently has excellent options available for lease in several of these quality assets, all of which are leased and managed by Trinity Partners.

2301 Nevada Blvd. is leased by Trinity Partners and managed by their Senior Property Manager, Janice Crum.