Foundry Commercial to Develop 1 MSF Industrial ParkBy
Beltway Business Park in Charlotte, N.C.
Charlotte, N.C.—Foundry Commercial recently closed on a new industrial development site in the Airport West submarket of Charlotte. Formerly known as Beltway Business Park, the asset will provide roughly 1.1 million square feet of space once complete. Foundry partnered with Principal Real Estate Investors on the project, which is set to be rebranded as WestPark 85.
Situated near Interstate 85, along Charlotte’s industrial corridor, West Park 85 will offer tenants a position on the route that connects the major markets of Charlotte and Atlanta. The property will provide connectivity to other major transit and commercial lines such as the I-77 and the I-485, as well as the Charlotte Douglas International Airport and the Norfolk Southern Intermodal railyard. WestPark 85’s location is suitable for tenants that require access to an extensive distribution network…
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