CHARLOTTE, NC – April 29, 2024 – Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, has been awarded the leasing assignment for Blue Ridge Industrial’s Kernersville and Winston-Salem industrial properties, comprised of 28 buildings spanning 1.4 million square feet near Interstates 40 and 241.
The assets will be overseen by Stream’s Managing Director Jason Schnittger, Senior Vice President Bradley Dunn, and Associate Parker Byrd.
“We are grateful to Blue Ridge Industrial for the opportunity to partner on the leasing of its Triad portfolio,” said Dunn. “This achievement is a testament to Stream’s growing reputation in the Carolinas and showcases our team’s dedication to delivering exceptional results.”
South Park comprises a majority of the portfolio spanning 1.3 million square feet and features a diverse array of flex, multi-tenant, and single-tenant spaces. Strategically positioned between Greensboro and Winston-Salem, South Park presents unparalleled opportunities for tenants pursuing premium industrial spaces with future growth opportunities. Additionally, with demand for shallow and mid-bay facilities on the rise, properties such as 4300 and 4320 Old Greensboro Road and 1459 Brookford Road provide strong, amenitized, second-generation alternatives to newly constructed buildings in the market.
“The Carolinas are a primary focus, and we are excited to add these 28 properties to our growing Triad portfolio,” said Michael Trapani, Managing Partner of Blue Ridge Industrial. “We are in the process of addressing deferred maintenance and kicking off building improvements. We look forward to getting our available spaces in move-in ready condition.”
Despite challenging market conditions, Stream Realty Partners remains committed to growth-oriented strategies in the Carolinas. The recent additions of Co-Managing Directors Charley Leavitt and Barry Fabyan, Executive Vice President Grant Keyes, and Senior Associate Holden Brayboy to the office team, alongside seasoned leaders Schnittger and Dunn joining the industrial team, reflect Stream’s dedication to expanding its presence and capabilities in the region.
Stream Carolinas’ industrial brokerage team now comprises seven members across Charlotte, Greenville, Greensboro, Charleston, and Raleigh, equipped with extensive experience and market insights to serve clients’ diverse real estate needs.
For more information, contact Stream Carolinas at 980.819.4270.
About Stream Realty Partners
Stream Realty Partners is a national commercial real estate firm offering an integrated platform of services, including leasing, Legendary CX property management, tenant and landlord representation, capital markets, investment management and sales, development, construction management, national program management, workplace strategies, strategic marketing, and dedicated research. The company is headquartered in Dallas with operations in core markets coast to coast. Since 1996, Stream has grown to more than 1,400 professionals and now completes more than $8.8 billion annually in office, industrial, retail, healthcare, land, and data center transactions. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X and Facebook.
