Back to the Industrial Property Basics

Tenants are demanding amenities in industrial as well (though, oddly, bicycle storagedoesn'tseem to be as high on that list as it is for multifamily). Merrifield Patrick Vermillion SVP Billy Thomas tells us that its the basics that matter to industrial users: high ceilings, ESFR sprinklers, drive-in and dock high loading, and a lot of parking. And of course, competitive lease rates. He says those features helped encourage tech firm Mycom Group and health and safety specialist Cardno ATC to ink respective leases for 17k SF and 13k SF at MPVs Whitehall Business Center in southwest Charlotte.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Charlotte Newsletters
Related Stories

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

Charlotte Extends Data Center Moratorium For 11 More Months

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Developer Buys Land For Active Adult Apartments Near Novant Health Hospital

Cresa Taps Nathan Knowles As Atlanta Market Leader

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error