FOR IMMEDIATE RELEASE
Charlotte, NC — [May 7, 2026]
Griffin Partners has officially broken ground on North Graham Exchange, a new industrial development located at 4923 North Graham Street in Charlotte. The project marks the firm’s first industrial development in the Charlotte market and adds a timely supply of high-quality space in a submarket where new construction opportunities have been limited.
The development will deliver a 112,145 square foot Class A infill industrial building on 8.4 acres. Designed with flexibility in mind, the building’s storefronts can accommodate multiple tenants and a range of industrial users, from warehouse to manufacturing. Flexible suite configurations will give tenants the ability to scale space based on their needs.
“This project reflects the strength of the Charlotte market and the continued demand for well-located, functional industrial space,” said Kevin Ellis, Vice President of Development at Griffin Partners. “Opportunities like this are increasingly difficult to find, particularly in infill locations with this level of access. We’re focused on delivering a building that meets what users in this market are actively looking for.”
Located at the corner of North Graham Street and Oneida Road, the site offers direct access to Interstate 85, Interstate 77, and Uptown Charlotte, making it a highly efficient location for distribution and logistics operations across the region.
“This marks our first industrial project in Charlotte,” said Travis Covington, President of Development at Griffin Partners. “It’s a market that continues to show strong demand, and we see this as a natural extension of our platform as we expand in the Southeast.”
The surrounding area continues to attract a wide range of industrial users. Companies such as Electrolux, Ferguson, Amazon Fresh, Schneider, APEX Transit, Ryder, Baker Distributing, Southeastern Freight Lines, and SAIA all operate within close proximity to the site, reinforcing the strength of the location.
Avison Young’s Henry Lobb, Abby Rights, and Gray Gaines are leading leasing efforts for the project. “Avison Young is proud to partner with Griffin Partners on their first industrial development in the Charlotte market,” said Henry Lobb, Principal at Avison Young, “North Graham Exchange offers exceptional interstate access and underscores our shared conviction in well-located, core-plus industrial assets. With the ability to accommodate users from 30,000 SF and up, the development represents a rare opportunity for tenants seeking a flight to quality in a submarket with tight vacancy and limited Class A availability.”
Construction is now underway, with delivery anticipated in early December 2026.
About Griffin Partners
Griffin Partners is a privately held, vertically integrated real estate investment firm founded in 1980 by Fred Griffin. Based in Houston, Texas, the firm specializes in industrial, office, and mixed-use real estate across the Sunbelt and Mountain West markets. Over its four-decade history, Griffin has acquired or developed more than 14 million square feet across 52+ projects, representing over $1.9 billion in total capitalization. Leveraging its fully integrated platform, Griffin oversees the entire investment lifecycle—including acquisition, development, property management, asset management, and disposition—driving long-term value creation and operational excellence.
For more information on Griffin Partners, visit www.griffinpartners.com