Griffin Partners Breaks Ground on First Industrial Project in North Carolina
Real Estate | Mar 04, 2025 | Griffin Partners Inc
Griffin Partners Inc. recently marked its entry into North Carolina's industrial sector with the groundbreaking of two new industrial buildings at the Buckhorn Economic Development District in Mebane. The development, spanning over 196,000 square feet on a 25.62-acre site, was celebrated in a ceremony attended by key figures from Orange County and the City of Mebane. Griffin Partners, which has invested $160 million in North Carolina over the past decade, underlined the importance of the state's infrastructure for supporting growth and job creation. The new industrial spaces are designed with state-of-the-art features to support logistical and technical operations, and they are strategically located along the I-40/I-85 corridor for accessibility. The project aims to attract businesses by offering high-quality, modern designs and is expected to boost local and regional economic growth.
Sectors
- Industrial Real Estate
- Infrastructure and Logistics
Geography
- United States – The article is focused on the development in North Carolina, USA.
- North Carolina – The specific state where the development is taking place, highlighting the regional investment focus.
Industry
- Industrial Real Estate – This industry is relevant as the article discusses the development of industrial buildings by Griffin Partners in North Carolina.
- Infrastructure and Logistics – The development is positioned to provide logistical and technical support to industrial partners, aligning with the infrastructure and logistics sector.
Financials
- $160 million – Total investment made by Griffin Partners in North Carolina over the past 10 years.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Griffin Partners Inc. | Developer/Investor | Company | A private equity firm responsible for the new industrial development in Mebane, North Carolina. |
| Travis Covington | President of Development | People | An executive at Griffin Partners who spoke at the groundbreaking ceremony. |
| Kevin Ellis | Vice President of Development | People | An official at Griffin Partners who discussed the project’s features and investments in North Carolina. |
| Orange County | Local Government | Government | Local authority involved in welcoming Griffin Partners to the Buckhorn Economic Development District. |
| City of Mebane | Local Government | Government | Municipality involved in the groundbreaking ceremony for the industrial development. |