MDH Partners has recently completed the second phase of the Northcross Commerce Center in Charlotte’s Huntersville neighborhood. This new development includes two Class-A industrial facilities, totaling approximately 254,000 square feet. To fund this project, MDH Partners secured $23.3 million in financing from TD Bank.
The completion of Phase II brings the total footprint of Northcross Commerce Center to nearly 700,000 square feet. JLL’s Brad Cherry, Matt Greer and Natalie Ceva are responsible for leasing and marketing this facility on behalf of MDH Partners.
According to JLL reports, Charlotte’s speculative development deliveries have remained strong with a total of 6.3 million square feet completed in the first half of this year alone. The city’s industrial market offers a combination of stability and consistent growth while also being strategically located near other prominent markets within the Southeast region – making it an attractive destination for both tenants and investors.
In addition to their work on Northcross Commerce Center Phase II, MDH Partners is also jointly involved with Parkside Partners in owning Oakhurst Commons – a mixed-use development spanning over 131
