Construction to begin on new industrial space

Construction is set to begin on new, speculative industrial space in Concord.

A joint venture between The Nolim Group, CM Black Construction Co. and CESI Land Development Services announced Thursday that it is moving forward with plans to build a 88,527 square-foot Class A speculative industrial building at 4541 Enterprise Dr. in the International Business Park in Concord.

The building, which developers say fills a void for manufacturing and warehouse space, is expected to be finished in May. 

“In today’s economy, very few developers are constructing speculative buildings, making inventory of available manufacturing and industrial space scarce throughout Cabarrus County and the region,” stated Anne Johnson with CBRE, who is marketing the building on behalf of the ownership.  “We are excited to be completing this project and believe that 4541 Enterprise Dr. will be appealing to a wide variety of businesses looking to relocate to the International Business Park, helping create needed jobs in the area.”

The International Business Park is a 500-acre park located 20 miles from downtown Charlotte and along the I-85 corridor. The park is home to roughly 30 companies, including five international firms.