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.

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