Griffin Partners will break ground on inaugural Charlotte industrial project in Q1 2026 with delivery anticipated by early 2027
October 13,2025
Charlotte, NC – Global real estate advisor Avison Young has been exclusively retained by Griffin Partners to lead leasing efforts for a 112,145-square-foot (SF) class A industrial development in Charlotte, North Carolina. The firm purchased 7.74-acres located at 4923 N Graham Street from Adana Capital for their first industrial development in Charlotte.
Avison Young Principal Henry Lobb, SIOR and Vice Presidents Abby Rights and Gray Gaines represented the seller in the disposition in addition to being tapped for the leasing assignment.
The new class A development will offer a rare chance to secure modern industrial space in a historically land constrained submarket. The building will feature multiple storefronts, flexible demising options for multi-tenant configurations and immediate access to key points of interest including I-85 and Uptown Charlotte.
“Griffin Partners’ is excited to break ground on its first industrial development project in the Charlotte market,” said Kevin Ellis, Vice President of Development at Griffin Partners. “With limited new construction opportunities in this submarket, this development brings much-needed, high-quality industrial space to a market that continues to see strong demand from warehousing, logistics and manufacturing users.”
According to Avison Young’s Q3 2025 Charlotte industrial market report, Charlotte’s industrial capital markets is on pace for the best year since 2022 with sales volume exceeding $1 billion year-to-date.
About Avison Young
Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.
Avison Young is a 2025 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 14 consecutive years.
Media Contact
Reilly Lockwood, Media Relations & Content Specialist, South Region: +1.508.808.1202
About Griffin Partners
Griffin Partners is a commercial real estate investment, development, and property management firm founded in 1980 by Fred Griffin. Headquartered in Houston, Texas, Griffin Partners has cumulatively acquired or developed over 19 million square feet of space across more than 85 projects comprised of 124 individual properties, with an aggregate value that exceeds $2.6 billion. The company owns and operates properties throughout Texas, North Carolina, Colorado, and Tennessee. For more information on Griffin Partners, visit www.griffinpartners.com.