BOSTON —Rockpoint Group has acquired a six-building light industrial portfolio in North Carolina, expanding its footprint in two of the Southeast’s fastest-growing logistics markets.
The portfolio includes properties in both Raleigh and Charlotte, totaling 279,507 square feet across six buildings. Financial terms of the transaction were not disclosed.
Rockpoint will manage and operate the assets in partnership with its affiliated platforms, Rockhill Management and Rockpoint Industrial.
The acquisition includes the Garner Commerce Center, a three-building, 128,006-square-foot complex in the Raleigh-Durham market, and the I-77 Commerce Center, a three-building, 151,501-square-foot development in the Charlotte area. Both properties were recently completed—Garner in 2024 and I-77 in 2025—and are located near major highway corridors supporting logistics and distribution.
“These investments reflect our focus on high-quality, infill light industrial assets in select growth markets,” said Fred Borges, senior managing director at Rockpoint Group. “The Southeast, including selected North Carolina markets, continues to show strong demand for industrial space.”
Garner Commerce Center is currently 91% leased to 16 tenants and is located in Raleigh’s Southeast Wake County submarket near Interstate 70 and the planned I-540 extension. The I-77 Commerce Center is situated in Charlotte’s North submarket, with access to Interstate 77 and close proximity to Interstate 485.
“Both Garner and I-77 are ideally located within major submarkets that are premier logistics and distribution hubs,” said Ben Harris, head of Rockpoint Industrial. “We look forward to leveraging our industrial operating expertise to drive value for tenants and investors at these locations.”
The deal adds to Rockpoint’s growing industrial portfolio. Since 2020, the firm has invested in approximately 17 million square feet of industrial space, including recent acquisitions in Richmond and Durham.
The Southeast U.S. has remained a target market for industrial investment, driven by population growth, infrastructure expansion, and continued demand for warehouse and distribution space.
