Bonded Logistics is planning a major new center in Charlotte, at the site of the former Metrolina Expo fairgrounds on Statesville Road.
Developer Beacon Partners bought the fairgrounds site for $11 million last year. The company is building a new warehouse, distribution and light manufacturing project on the site that will total 1.2 million square feet.
Bonded Logistics, based in Charlotte, will occupy a new, 372,000 square-foot building on the Metrolina site that will include a mix of distribution and storage options. The building is next to existing Bonded Logistics facilities on Statesville, and the company will occupy a total of 762,000 square feet there when the new building is complete.
“This campus really opens up so many opportunities,” said Scott Carr, president of Bonded Logistics, in a statement. “Not only does it help us benefit from synergies with labor, equipment, and communication, it also adds another flagship, Class A building to our portfolio that we can market to current and prospective clients. I’m very excited about the growth potential that this campus will bring.”
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The new building is planned to be complete by mid-June, and Bonded Logistics anticipates hiring 25 to 30 new employees for the site.
“Bonded has been in Charlotte for 45 years, and we’ve seen its growth to become a major East Coast distribution hub with a global reach,” said Carr. “We feel like growth for the warehousing and logistics industry is just beginning here as demand continues to rise.”