Trinity Capital Advisors Leases 225,000 Square Feet To Palmer Donavin At Falls Lake Industrial Park

Falls Lake Industrial Park is an industrial asset located in Butner, NC, featuring a total square footage of 225,000. The property is part of a larger five-building, 1-million-plus-square-foot Class A industrial park, with an expected investment of up to $130 million for its development. The facility is being constructed under a build-to-suit lease agreement.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: Falls Lake Industrial Park, Butner, NC
• Landlord: Kyle Brown - Trinity Capital Advisor
• Tenant: Robyn Pollina - Palmer Donavin
• Brokers: Doug Brock, Eric Shea - Newmark; Al Williams, Justin Booth & Austin Jackson - JLL
• Lease Type: Build-to-suit lease

Trinity Capital Advisors has secured Palmer Donavin as the inaugural tenant for the Falls Lake Industrial Park. The completion of the Palmer Donavin facility is anticipated by mid-2027, marking a significant milestone for the development. The landlord is represented by JLL, while Newmark is representing the tenant in this transaction.