Land cleared, paving the way for spec office building at International Business Park

Aug 25, 2016

4540 Fortune Ave NW, Concord NC | Download the Flyer (PDF) The cul-de-sac at the end of Fortune Avenue has been bustling with activity over the last couple of weeks as heavy equipment operators clear the land to prepare it for construction of a speculative office building. Located at 4540 Fortune Ave. in the International Business Park at Concord, the 75,000-square-foot Class “A” spec office building will help serve a great need for available office space in Cabarrus County. Construction is expected to be completed in late spring 2017. Situated on nearly 20 acres near the busy I-85 and Hwy. 73 interchange, the building will be constructed on Lots 7 and 8 at the end of Fortune Avenue, located in Phase II of the park. It will feature build-to-suit offices and multiple entrances, with the potential to be subdivided. Should a tenant need to expand into another building, there is an available site adjacent to the spec office project. Additionally, the spec building will be delivered in shell condition and ready for a tenant’s specific upfit. With an expandable parking area, it will be able to accommodate 750 cars, up to 10 cars per 1,000 sq. ft. Cabarrus County Board of Commissioners Chair Steve Morris said the spec project brings opportunity to Cabarrus County by supporting future and expanding business, while City of Concord Mayor Scott Padgett said he hopes it’s the first of many similar projects. The 4540 Fortune Ave. project is a joint venture between The Nolim Group, CM Black Construction and CESI. To learn more about the Class A office spec building and its features, contact...

Flexibility key to success at International Business Park at Concord

Aug 9, 2016

Flexibility and a willingness to evolve to keep up with current business needs and trends is an approach that has served the International Business Park at Concord well over the last 30-plus years. A company searching for a place to start, relocate or expand its business wants a well-connected location that’s close to business facilities and leisure amenities. Companies also are seeking flexible terms, leasing packages, availability of land for future expansion and other attractive solutions that the IBP can offer. When Owens Corning was looking to consolidate its fabrication operations back in 1999, the company was attracted to the IBP because of its close proximity to Charlotte-Douglas International Airport. But, company officials were also drawn to the flexibility of the building’s design and two separate entrances for employees and truck traffic. “One of the reasons they picked the building so many years ago was because it allowed employees to enter and exit from one part of the building and featured a cul-de-sac in another part of the building that provided a secure truck port,” said Bryan Crutcher of CBRE. In Celgard’s case, flexibility came in the form of being able to build on a pre-graded site that required few modifications to meet its needs. The company, which develops and produces high-performance membrane separators, was also attracted to the IBP’s accessibility. “The park offers points of access that make it really easy to navigate through, which is especially helpful throughout any phase of construction or expansion,” Crutcher said. For Connextions/Optum, the health services business of UnitedHealth Group, a big plus point wasn’t what was inside the building, but rather...