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Venture buys site north of Charlotte for two-building industrial project

Crescent Communities, GTIS team up on Axial Commerce Station in Huntersville
Axial Commerce Station is scheduled to open late this year in Huntersville, North Carolina. (Crescent Communities)
Axial Commerce Station is scheduled to open late this year in Huntersville, North Carolina. (Crescent Communities)
By Annesley Dwyer
CoStar Research
January 12, 2026 | 9:58 P.M.

Crescent Communities and GTIS Partners acquired a more than 40-acre site in suburban Charlotte, North Carolina, where the venture plans to develop a two-building project to tap into demand for industrial space in the region.

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