Introducing Market Reports—search the largest database of commercial real estate market reports.

WareSpace Enters Charlotte With Off-Market NoDa Acquisition

WareSpace makes its North Carolina debut with a strategic acquisition in Charlotte’s NoDa district, expanding its small warehouse footprint across the Southeast.
WareSpace Enters Charlotte With Off-Market NoDa Acquisition
  • WareSpace acquires 80,120-square-foot property in NoDa, Charlotte, marking its first move into the North Carolina market.
  • The facility is slated to open in early 2026 and will feature flexible private warehouse spaces tailored for small businesses.
  • The Charlotte location continues WareSpace’s nationwide expansion, which now exceeds 1.5 million square feet across major U.S. markets.
Key Takeaways

A Strategic Southeast Expansion

WareSpace, a national co-warehousing provider, has announced its entry into the Charlotte market with the acquisition of a commercial property in the NoDa neighborhood. This 80,120-square-foot facility at 322 W 32nd Street represents a significant step in the company’s Southeast expansion strategy.

“This is a major milestone for our Southeast expansion,” said Levi Cohen, CEO of WareSpace. “Charlotte has one of the strongest entrepreneurial communities in the country, and this NoDa location will deliver the warehouses that small and growing businesses need.”

A Perfect Fit in a Dynamic District

NoDa, known for its creative energy and proximity to Uptown Charlotte, offered the kind of urban, infill location WareSpace seeks. David Morris, Partner at Trinity Partners, who facilitated the transaction, said the building met all the criteria for a successful co-warehousing site in a supply-constrained market.

What’s Inside: Flexible Warehousing for Small Business

Once operational in early 2026, the facility will provide private warehouse units ranging from 200 to 2,000 square feet. Each unit comes with included racking, WiFi, 24/7 secure access, loading docks, climate control, and shared amenities like kitchens and conference rooms. Leases are structured with flat monthly pricing and no long-term commitments, appealing to startups, contractors, eCommerce vendors, and light manufacturers.

WareSpace’s Growing National Footprint

This acquisition adds to WareSpace’s growing portfolio, which now spans over 1.5 million square feet of co-warehousing and small-bay industrial space. The firm specializes in transforming underutilized industrial properties into productive spaces for local businesses.

Why It Matters

WareSpace’s entry into Charlotte underscores growing demand for flexible, right-sized warehouse solutions, especially in urban infill markets where small businesses are booming.

RECENT NEWSLETTERS
View All
Washington Becomes Third State to Enact Statewide Rent Control
April 30, 2025
READ MORE
Small Markets Outpace Big Cities in Early 2025
April 29, 2025
READ MORE
CMBS Delinquencies Edge Higher in March as Maturity Pressures Build
April 28, 2025
READ MORE
Manhattan’s Class B Office Market Faces Tightening Supply
April 25, 2025
READ MORE
CRE Daily - No Cap

podcast

No CAP by CRE Daily

No Cap by CRE Daily is a weekly podcast offering an unfiltered look into commercial real estate’s biggest trends and influential figures.

Join 65k+
  • operators
  • developers
  • brokers
  • owners
  • landlords
  • investors
  • lenders

who start their day with CRE Daily.

The latest news and trends in commercial real estate delivered to your inbox. Get smarter about what matters in just 5-minutes or less.