ProLogis has signed a build-to-suit agreement with the Black & Decker Corporation for a 354,900 sq.ft distribution facility at ProLogis Park West Pointe, on the west side of Charlotte. Building is scheduled for completion in the fourth quarter of this year.
ProLogis Park West Pointe currently has three facilities totalling more than 500,000 sq.ft. Black & Decker's facility will be the fourth building at the Park, and can be expanded by up to 102,900 sq.ft. Other customers at ProLogis Park West Pointe include FedEx Ground and Graybar.
This is Black & Decker’s fourth distribution facility leased with ProLogis, in addition to one in Florida and recent build-to-suits in Southern California and Mexico. The four facilities total more than one million square feet.
"Charlotte's western corridor is becoming one of the most strategic distribution locations in the region, providing easy access to southeast deep water ports and the Carolinas," said Ryan Keathley, market officer for ProLogis. "ProLogis Park West Pointe is a recent acquisition for us, and we look forward to working with other customers looking for the latest, strategically-located distribution facilities."
