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Developer Picks Up Concord Site for 8-Building Industrial Park

Summary by Connect CRE
McCraney Property Co. closed on the acquisition of 55 acres at 4518 Davidson Highway. The parcel sold for $5.45 million. The West Palm Beach developer partnered with Shoreline Capital to acquire the site. The buyers bought the site from American Asset Corp. and Shoffner Development. To be called Concord Gateway, the Charlotte Business Journal reports that the development team expects to spend $45 million on the project, with buildings ranging fr…
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Connect CRE broke the news in on Wednesday, March 11, 2026.
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