Summit Real Estate Group’s Arrowrock US Industrial Fund IV is pleased to announce the delivery of Phase I at US-1 North Commerce Center in Youngsville, NC, just north of Raleigh. Located on the southern edge of the Franklin County industrial submarket and offering immediate access to Highway 1, the 106-acre industrial site was acquired Q4 2022 and is programmed for five buildings in three phases. With its flexible, multi-tenant design and an opportunity for outside trailer parking, the park has attracted manufacturing, distribution, transportation, and industrial service companies. Phase I includes two Class A multi-tenant warehouses that were 89% pre-leased at delivery. Summit anticipates starting construction on Phase II, two buildings representing 470,575 square feet, in Q3 2024.
Foundry Commercial is marketing the park’s buildings for lease or sale:
US-1 North Commerce Center – Summit Industrial (summitusindustrial.com)