Charlotte, N.C. – Frampton Construction Company, LLC, a full-service construction firm providing planning and design support, preconstruction, and construction services, has been selected by Trinity Capital Advisors to build three industrial facilities in Knightdale, N.C.
The trio of buildings will round out Trinity Capital’s Eastgate 540 industrial park, located beside Interstate 540 in Raleigh’s East Wake submarket. The new buildings join three existing facilities in the complex and will bring the park’s total size to 980,000 square feet.
The first building is a build-to-suit project for the park’s newest tenant, PCX Corporation.
The company, which is a proven leader in the modular electrical distribution and power systems manufacturing space, recently signed a lease to occupy the entire 159,600 square foot facility. The remaining two buildings, each measuring 120,000 square feet, are under construction with leases in progress. Frampton is already underway on sitework for all three buildings.
“We had a strong belief in both the product and the market when we acquired the Eastgate 540 asset in 2019, and the activity we’ve experienced has exceeded our expectations. We have great confidence in what’s ahead and firmly believe that Frampton, with their industrial background, is well-positioned to deliver,” said Jeff Sheehan, partner at Trinity Capital Advisors.
Joey Smith, vice president of Frampton Construction, said, “Our team is excited to help Trinity bring the Eastgate 540 park to its full capacity with the construction of these final three buildings. With PCX signing on and a strong record of leasing activity in the park, it’s clear there’s significant momentum in the Raleigh industrial market, and we’re ready to build on that.”
Merriman Schmitt Architects completed the design for the buildings and Advanced Civil Design, Inc. provided civil engineering services. Construction is expected to conclude in the summer of 2021.
Trinity Capital Advisorsfocuses on the acquisition and development of institutional-quality commercial real estate in the southeastern United States. The firm has invested more than $3.4 billion acquiring and developing more than 23 million square feet in North Carolina, South Carolina, Tennessee, and Florida, including CBD office towers, industrial portfolios, suburban office parks, and mixed-use developments. Investments are capitalized through various Trinity Capital investment vehicles and partnerships, with some of the country’s top institutional investors. Learn more at www.trinitycapitaladvisors.comor call (704) 714-4515.
Frampton Constructionis a regional full-service construction firm offering planning and design support, preconstruction, construction services, and sustainability services. The dedicated team of professionals takes pride in building strong relationships with clients while providing the highest quality of service. They deliver executive leadership and personal oversight throughout the building process, while working diligently to exceed the expectations of every client. With offices in Charleston, S.C., and Charlotte, N.C., the company is positioned to manage projects in the Carolinas and beyond. For more information, please visit http://frampton.construction/ or call 843-572-2400.