To-be-developed Class A, ±221,000 SF multi-tenant industrial building in Newton, North Carolina, within the Hickory–Newton–Conover MSA. The project, known as Catawba Commerce Center, will be developed on a 40-acre site in one of the nation’s most manufacturing-intensive and supply-constrained markets. Positioned with immediate access to I-40, US-321, and NC-16, the site offers excellent connectivity to the greater Charlotte region and access to approximately 60% of the U.S. population within a one-day drive. The building’s flexible design will attract manufacturing, distribution, and industrial services users seeking modern space in a high-growth, underserved market. Catawba Commerce Center will be a Class A rear-load, multi-tenant industrial facility featuring 32’ clear heights and a 185’ truck court with trailer parking, with a potential ±4.0-acre industrial outdoor storage (IOS) component. Summit anticipates beginning construction in Q2 2026, with delivery expected in Q1 2027.
Catawba Commerce Center
Development | Industrial | Unrealized
Charlotte, NC
Asset Summary |
|
|---|---|
| Acquisition Date | Q2 2026 |
| Size | 221,000 SF |
| Property Type | Industrial |
| Deal Profile | Fund V, Development |
| Investment Profile | Opportunistic |
| Deal Source | Off Market |
Building Information |
|
|---|---|
| Building Size | ±221,000 SF |
| Space Available | ±221,000 SF |
| Construction | Tilt-Up |
| Building Dimensions | 260’ x 850’ |
| Clear Height | 32' |
| Column Spacing | 54’ x 52’ w/ 60’ speed bay |
| Truck Court | 190' |
| Dock High Doors | (24) 9’ x 10’ doors |
| Drive-In Doors | (2) 12’ x 14’ doors |
| Floor Slab | 7" |
| Car Parking | ±177 spaces |
| Trailer Parking | ±70 spaces |
| Roof Type | White TPO; R-15 |
| Electrical | 3-phase 480V; 2,000 amp service |
| Fire Protection | ESFR |
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Photos
Site Plan
