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Whitsett, NC

Rock Creek Center

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The Opportunity

Rock Creek Center is the development of a premier Class-A industrial campus in Whitsett, North Carolina, strategically located at the heart of the rapidly growing "Piedmont Triad" region between Greensboro and Burlington. The project will deliver two modern rear-load buildings totaling 423,852 SF within an established mixed-use business park already home to Amazon, FedEx, Duke Energy, Lenovo, and other national tenants. Benefiting from strong regional infrastructure, proximity to Toyota’s $14 billion battery manufacturing complex, and the Triad’s deep industrial labor base, Rock Creek Center is emblematic of the high-demand, institutional-quality logistics space in one of North Carolina’s most dynamic manufacturing and distribution corridors.

The development is being led by Crow Holdings Industrial, a nationally recognized developer with a proven track record across major logistics markets, as part of its broader I-85 corridor strategy to establish a network of state-of-the-art industrial parks from Charlotte to Raleigh, capitalizing on the region’s rapid population growth, infrastructure investment, and increasing demand for modern logistics facilities.

Click the following link to view the Leasing Flyer: 6880 Konica Drive

Competitive Advantage

Strategic Location within Established Business Park: Located on I-85, with 70% of the U.S. population reachable in a one-day truck drive, Rock Creek Center benefits from its position in the heart of the Triad’s industrial corridor, surrounded by major parks and corporate campuses housing blue-chip tenants. This concentration of blue-chip occupiers and ongoing expansion activity underscores the area’s strength as a premier hub for logistics, advanced manufacturing, and investment.

Best-In-Class Developer: Unique opportunity to invest alongside an established, generational developer like Crow with their 70+ million SF track record across 500+ industrial projects nationwide and their deep, boots-on-the-ground development team in the Carolinas.

Lessons Learned

Property Location

Documents & Financials

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Investment Summary

Property Type:
Class-A Industrial
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Strategy:
JV Development
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Address:
6880 Konica Dr, Whitsett, NC 27377
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Investment Date:
November 4, 2025
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Investor Preferred Return:
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Property Type:
Class-A Industrial
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Strategy:
JV Development
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Address:
6880 Konica Dr, Whitsett, NC 27377
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Investment Date:
November 4, 2025
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Disposition Date:
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Property Type:
Class-A Industrial
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Strategy:
JV Development
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Address:
6880 Konica Dr, Whitsett, NC 27377
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Investment Date:
November 4, 2025
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Disposition Date:
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Hold Period:
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Total Capitalization:
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Cap Rate at Close:
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Realized Investor Return:
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Investment Summary

Property Type:
Multifamily
Realized IRR:
14.35%
Realized Equity Multiple:
2.15x
Hold Period:
6.5yrs

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