Colliers Named Exclusive Project Brokerage for Southeast 85 PowerPlex in Greensboro, NC
By Amanda Roberson, Colliers
Colliers has been appointed as the exclusive brokerage representative for Southeast 85 PowerPlex, a premier industrial development owned and developed by Carroll Industrial Development U.S., a division of The Carroll Companies. Located in Greensboro, North Carolina, Southeast 85 PowerPlex is a 165-acre, master-planned industrial park offering direct access to Interstates 85 and 40, on-site Norfolk Southern rail service, and a range of modern infrastructure tailored to meet the evolving needs of industrial users.
The development is strategically situated with exceptional interstate frontage and is designed to accommodate up to 1.6 million square feet of Class A industrial space, including the potential for a single 1 million-square-foot facility or multiple smaller configurations. Featuring up to 60 megawatts of power and one million gallons per day of municipal water capacity, the PowerPlex is positioned to support advanced manufacturing, distribution, automotive, food and beverage, and emerging technology sectors. Construction for the main entrance road was recently completed, and site work preparation is scheduled for 2025.
Larry Lakins, Executive Vice President at Colliers | Raleigh, emphasized the project’s impact on the region, stating, “As a flagship development in the booming Piedmont Triad industrial market, Southeast 85 PowerPlex sets a new benchmark for modern logistics and manufacturing facilities. With its multimodal connectivity, abundant power capacity, and access to regional airports and ports, it meets the growing needs of advanced manufacturing, distribution, and technology companies seeking strategic expansion.”
Grant Miller, Executive Vice President at Colliers | Charlotte, added, “Today’s industrial occupiers prioritize speed to market, along with connectivity, infrastructure resiliency, and scalability – all of which Southeast 85 PowerPlex delivers. Our strategy is built to meet these demands, positioning the site to attract and retain top-tier industrial users.”
Southeast 85 PowerPlex offers a compelling combination of location, infrastructure, and development readiness. Its proximity to major Southeastern markets, regional airports, and Atlantic ports provides unmatched access for tenants looking to streamline logistics and expand operational reach. The development has already attracted interest from a wide range of users and is expected to become a regional hub for industrial growth.
Carroll Industrial Development U.S., through its continued investment in the Piedmont Triad, has positioned Southeast 85 PowerPlex as a cornerstone of its expanding industrial portfolio, which includes more than 1,000 acres of active development across the region.
For more information on leasing or acquisition opportunities, please contact Colliers or visit collers.com/raleigh.