Avison Young tapped as exclusive leasing agent for new industrial building in 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’ entry into the Charlotte industrial market underscores continued investor confidence in this region,” said Gaines. “Charlotte’s industrial market continues to show remarkable strength, and this development’s location and design will check the boxes for a wide range of occupiers looking to grow or establish a presence in this high-performing submarket.”

“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.