Charlotte-based Beacon Partners has signed its anchor tenant at Metrolina Park, a master-planned industrial park on a former fairgrounds site in north Charlotte.
Bonded Logistics, a third-party logistics company headquartered in Charlotte, will lease 371,895 square feet in Building 2, at 5224 Gibbon Road, in the park. The 95-acre site along Statesville Road was formerly home to Metrolina Expo before Beacon Partners purchased the property in June. When built out, Metrolina Park will have 1.2 million square feet of manufacturing and logistics space.
Privately-owned Bonded Logistics integrates warehousing, packaging and transportation logistics to offer customized supply chain solutions. Established in 1972, Bonded Logistics has grown from one 30,000-square-foot facility to more than 2 million square feet of public, contract and leased space in 13 locations, with more than 300 employees across its footprint.
Bonded Logistics and Beacon Partners have a 20-year relationship, with Bonded having leased space in several buildings owned and managed by Beacon Partners.
“We are very excited to expand our warehousing footprint here in Charlotte,” said Scott Carr, president of Bonded Logistics, in a statement. “The city has become a major hub in the Southeast for companies in need of logistics services. This building is a perfect location as it sits next to several of our other facilities, creating a campus atmosphere that encompasses over 750,000 square feet.”