TPA Group is preparing a large-scale industrial development in the Charlotte region, with plans to begin site work on a more than 2-million-square-foot park in Salisbury in early 2027. The 362-acre project, to be known as Meridian 85, is planned as a six-building industrial park targeting modern warehouse and distribution users.
According to reporting from the Triad Business Journal, the largest planned building at Meridian 85 is expected to exceed 1 million square feet and is designed as a built-to-suit facility. That scale would position the property as one of the few options in the Charlotte region capable of accommodating very large single-user industrial requirements.
Current market conditions underscore the scarcity of big-box industrial space in the area. The Charlotte region presently has just one industrial space over 500,000 square feet available for immediate occupancy, highlighting the limited availability of large-format logistics product as TPA Group advances this project.
The preliminary site plan for Meridian 85 outlines a diversified building mix intended to capture a range of tenant sizes and requirements. In addition to the more than 1-million-square-foot built-to-suit building, the park is planned to include two 374,000-square-foot buildings, one 318,000-square-foot building, a 120,000-square-foot building and an 83,000-square-foot building. This configuration would allow for both large bulk distribution users and smaller industrial tenants seeking modern space.
Leasing and marketing efforts for the park are being led by CBRE. Spencer Yorke and Jay Hill of CBRE are serving as the listing brokers for Meridian 85, positioning the project to reach regional and national industrial occupiers looking for space in the Charlotte-area logistics corridor.
At full buildout, TPA Group estimates that Meridian 85 could support approximately 1,420 jobs. That projection reflects both the scale of the park and the employment intensity typically associated with modern warehouse, distribution and related industrial operations.
TPA Group is described as a private real estate investment, acquisition and development firm with experience across multiple property types, including industrial, office and multifamily. Since 2015, the company’s development portfolio has included 30 million square feet of industrial projects, signaling a sustained focus on large-scale logistics and industrial assets. The planned Meridian 85 project in Salisbury extends that industrial development pipeline within the broader Charlotte region.
