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  • Writer's pictureGreenberg Gibbons Properties

Greenberg Gibbons Properties Launches First Charlotte Project: CLT Commerce Center

Greenberg Gibbons Properties (GGP), a renowned Maryland-based developer, has officially begun construction on its first project in the Charlotte area – CLT Commerce Center. This light industrial development, located on a 17-acre site off West Boulevard and Billy Graham Parkway near Charlotte Douglas International Airport, will feature three buildings totaling 121,440 square feet. The project is expected to be completed in the first quarter of 2022.

CLT Commerce Center is designed to cater to the diverse needs of modern industrial tenants. The development includes three buildings with sizes of 48,500 square feet, 39,510 square feet, and 33,380 square feet, all featuring 18-foot clear heights. These buildings can accommodate tenants starting at 2,520 square feet, making them suitable for logistics, technology, research and development, laboratory, office warehouse, and light manufacturing uses.

Alex Laperouse, President of GGP, expressed the company’s enthusiasm for entering the Charlotte market. "We are thrilled to launch our first project in Charlotte with CLT Commerce Center. Our approach to building premier flexible spaces is exactly what this market needs," Laperouse said. "At GGP, we design our projects through a customer’s lens to optimize our tenants’ operational needs."

The project team for CLT Commerce Center includes McMillan Pazdan Smith as the architect, Landmark Builders as the general contractor, and Oak Engineering as the civil engineer. CBRE’s Bryan Crutcher and Alek Salfia are leading the leasing efforts, ensuring that the development attracts a wide range of tenants.

GGP’s entry into the Charlotte market marks a significant milestone in the company’s expansion strategy. The decision to open a Charlotte office and focus on Class A flex industrial and research and development spaces reflects GGP’s commitment to addressing the growing demand for high-quality industrial facilities in the region.

In addition to CLT Commerce Center, GGP has several other projects in the pipeline. The company is currently working on two more developments in Charlotte and two in Raleigh, all in the predevelopment stages. These projects highlight GGP’s strategic focus on expanding its presence in high-growth markets throughout the Carolinas.

Laperouse concluded, "We are excited to contribute to the Charlotte business community with CLT Commerce Center. Our commitment to quality and innovation ensures that this development will provide top-tier industrial spaces that meet the evolving needs of our tenants."


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