TPA Group plans to begin site work on a more than 2-million-square-foot industrial park in Salisbury in early 2027. The 362-acre park would be called Meridian 85 and would include six buildings.
The Triad Business Journal reports that the largest building would exceed 1 million square feet. It would be a built-to-suit property. The Charlotte region currently has just one industrial space over 500,000 square feet available for occupancy.
The site plan also calls for two 374,000-square-foot buildings, a 318,000-square-foot building, a 120,000-square-foot building and an 83,000-square-foot building. Spencer Yorke and Jay Hill of CBRE are the listing brokers for the park.
TPA Group estimates the site would support about 1,420 jobs at full buildout.
TPA Group is a private real estate investment, acquisition and development firm. It works with industrial, office and multifamily asset types. Its development portfolio since 2015 includes 30 million square feet of industrial projects.
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