Stanley Business Park
Stanley, NC 28164 · Business park
Business park
Asset type
147,122 SF
Size
Owned
Status
2023
Acquired
Business plan
About this asset.
Stanley Business Park is a multi building campus anchoring our North Carolina footprint. A mix of small- and mid bay industrial product supports a diverse tenant base of local businesses, service trades, and light distribution users along the Charles Raper Jonas Hwy corridor.
The property was acquired in 2023 with an in place rent roll below current market. Our operational plan focuses on rent mark to market across natural rollover, selective common area improvements, and continued direct to tenant leasing of remaining vacancy.