**Trinity Capital and Crow Holdings to Develop 172K-SF Spec Industrial Project in Charlotte**
Trinity Capital, in partnership with a real estate fund advised by Crow Holdings, has acquired 17.3 acres of land in southwest Charlotte for the development of a 171,920-square-foot industrial warehouse. Located at 2241 Graham Park Drive, the project—dubbed Graham Park CLT—will be built on a speculative basis with no pre-leased tenants or buyers.
According to recent reports, the developer purchased the site for nearly $6.2 million and plans to break ground later this quarter. The facility will be designed with flexible configurations to accommodate multiple tenants and will feature an additional two acres of outdoor storage.
Graham Park CLT is scheduled for completion in the third quarter of 2026.
Avison Young’s Tom Tropeano, Chris Loyd, and Gray Gaines brokered the land sale and will also oversee leasing efforts on behalf of Trinity Capital. Choate Construction has been appointed as general contractor for the project, while United Bank is providing financing.
This development is part of a growing trend of speculative industrial builds in the region, reflecting strong demand for modern logistics and warehouse space in the Charlotte market.
