Collett Industrial & Colliers Team Up Again for Northside 77 in Troutman, North Carolina
Collett Industrial is pleased to announce Northside 77, a three-building class A industrial park located in Troutman, NC. This ± 90-acre site offers: Building 1: ± 217,620 sq. ft., Building 2: ± 340,200 sq. ft., and Building 3: ± 135,200 sq. ft (totaling ± 693,020 SF). Construction is expected to begin during Q3 2023 with an estimated delivery date during the 2nd half 2024. Following the success of Airport 85 Business Center, this is the second project that Colliers | Charlotte and Collett Industrial have teamed up on within the Charlotte MSA.
Northside 77 is strategically located off exit 42 with frontage on Interstate 77, 34 miles from the City of Charlotte’s CBD and 11 miles from I-77 and I-40 interchange, providing access to 53% of U.S. population within a one-day drive. Colliers Grant Miller, SIOR and Phoebe Dinga will be handling the leasing for Northside 77.
“We have truly enjoyed our relationship with Collett Industrial and look forward to working on this fantastic project. As the Charlotte industrial market continues to grow, this project could not be better situated given its proximity to the Charlotte CBD and interstates 77 and 40.”, says Grant Miller, Senior Vice President at Colliers.
“We look forward to partnering with Colliers, the Iredell EDC, and the Town of Troutman on this opportunity to provide well-located, high-quality space to today’s industrial users within the greater Charlotte market,” said Teddy Hull, Principal at Collett Industrial. “We’re excited to expand on our investment in the region and look forward to delivering a thoughtfully designed project that can accommodate a wide range of tenant sizes and uses.”, quote from Teddy Hull, Collett Industrial Co-Founder.
“The location, quality of construction, and size of buildings available with the Northside 77 development is a sweet spot for the projects requests we are receiving. Having available sites and buildings that can be delivered within a quick timeframe provides us with a competitive advantage to attract new investment and job creation in our community.”, Jenn Bosser, CEcD, President & CEO at Iredell EDC.
Colliers is a leading diversified professional services and investment management company. With operations in 65 countries, our 18,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 28 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.5 billion and $98 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.