Announcement

Stotan Industrial Enters Greater Charlotte Market with 942,000 Square Foot Rock Hill Development

November 9, 2026

CHICAGO, IL – November 9, 2026 – Stotan Industrial (“Stotan”), in partnership with Singerman Real Estate, has acquired a 77.58-acre site at 905 Caterpillar Drive in Rock Hill, South Carolina, for the development of Crossroads @ Rock Hill, a three-building industrial park totaling approximately 942,000 square feet. The project marks Stotan’s first development in the greater Charlotte market and expands the firm’s presence in the Carolinas.

Located along the I-77 corridor approximately 30 minutes south of Charlotte, Crossroads @ Rock Hill will provide access to one of the Carolinas’ primary manufacturing and logistics hubs. The site also has limited topographical and environmental constraints, allowing for efficient site utilization.

The project will be developed in two phases. Phase I will include a 435,000 square foot cross-dock building and a 273,000 square foot rear-load building, while Phase II will add a 234,000 square foot rear-load building. All three buildings will feature 36-foot clear heights, and the park will provide approximately 333 trailer stalls and 955 automobile parking spaces.

Crossroads @ Rock Hill is designed to meet demand for Class A bulk industrial space in a market with few options for larger users. Over the last four years, cross-dock absorption in the greater Charlotte market has averaged approximately 2.9 million square feet annually, leaving only around one year of available cross-dock supply. Rear-load users requiring more than 200,000 square feet face similarly limited choices, and in Rock Hill, there is currently no available Class A industrial space larger than 50,000 square feet.

“The supply-demand dynamics supported the opportunity, but the site also gave us the flexibility to create a more diversified industrial park,” said Ben Harris, Senior Vice President and Carolinas Market Officer at Stotan Industrial. “We shaped the site plan to serve a broader range of users while leveraging direct access to I-77. We are pleased to partner with Singerman Real Estate on the development.”

Stotan secured the site through a competitive marketing process led by JLL’s brokerage team. JLL’s Rich Grieder, John Kincaid, Matthew Greer and Brad Cherry will lead leasing efforts, with Graycor serving as general contractor.

About Stotan

Founded in 2021, Stotan Industrial is a national industrial real estate development and acquisition firm headquartered in Chicago, with regional offices in Charlotte, NC, and El Segundo, CA. The firm targets high-conviction industrial markets across the U.S., drawing on relationship-driven access, market insight, technical expertise and disciplined execution to navigate complex opportunities and deliver industrial assets in markets supported by durable demand drivers.

For more information, please visit stotanindustrial.com

About Singerman Real Estate

Founded in 2010, Singerman Real Estate, LLC (“SRE”) is a Chicago-based, value-driven real estate investment firm focused on opportunistic, cycle-resilient investments across all major asset classes. SRE has raised a series of five institutional commingled funds and co-investment vehicles, completing more than 100 investments representing $2.0 billion of equity. The firm has sourced and executed over $6 billion of investments in industrial, life science, office, hospitality, retail, multifamily and other property types across the top 30 U.S. markets. The firm is currently investing on behalf of SRE Opportunity Fund V, L.P., a fully discretionary 2025-vintage vehicle.

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