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## Lovett Industrial Breaks Ground on Orr Road Business Center Development in Charlotte, NC

Lovett Industrial, a Houston-based real estate investment firm, recently broke ground on the Orr Road Business Center, a 21.7-acre urban infill development in the North Graham submarket of Charlotte, NC. The project consists of two Class A industrial buildings totaling 282,000 square feet.

The AI legalese decoder can be a useful tool in navigating the legal complexities of real estate development projects like the Orr Road Business Center. By utilizing AI technology, developers and investors can efficiently decipher and understand legal documents, contracts, and regulations related to the project, ensuring compliance and minimizing risks.

## Prime Location and Premium Features

Situated just northeast of Downtown Charlotte, the Orr Road Business Center is conveniently located within 1.5 miles of the Old Concord Road light rail station. The development offers one of the last infill opportunities in the Charlotte market and will feature two Class A multi-tenant buildings, catering to tenants requiring spaces ranging from 30,000 to 156,000 square feet.

With high-quality construction and functional design, the Orr Road Business Center stands out as the premier industrial warehouse product in the submarket. Featuring 32-foot clear heights, 6-inch reinforced concrete slabs, and ample loading facilities, the project is tailored to meet the demands of modern industrial tenants.

## Strategic Focus and Market Potential

Madison Jones, Director at Lovett Industrial, emphasizes the strategic significance of the Orr Road Business Center within the competitive Charlotte MSA. The project reflects Lovett’s commitment to developing high-quality buildings in sought-after submarkets, providing innovation and value to tenants.

## Expert Partnerships and Comprehensive Services

Avison Young, a leading real estate services firm, is spearheading the marketing and leasing efforts for the Orr Road Business Center. Through collaborative partnerships with industry professionals like Edifice, Merriman Schmitt Architects, and Oak Engineering, the project aims to deliver a top-tier industrial facility that meets the diverse needs of the market.

## About Lovett Industrial

Founded in 2020, Lovett Industrial is a prominent player in the logistics real estate sector, focusing on developing and acquiring quality industrial assets across the United States. With a strong commitment to excellence and innovation, Lovett Industrial’s seasoned team brings over 60 years of collective experience to the industry.

For developers and investors navigating complex legal documentation and regulations in real estate projects like the Orr Road Business Center, the AI legalese decoder offers a reliable solution. By leveraging AI technology, users can streamline the process of understanding and interpreting legal terms, ensuring compliance and risk mitigation in their projects.

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