SouthPoint Business Park, Mocksville, NC to Expand

The Hollingsworth Companies has started the Phase III expansion to the SouthPoint Business Park in Mocksville, North Carolina. With this expansion, the SouthPoint Business Park will become one of the largest semi-rural industrial parks in the state. The Hollingsworth Companies have seen the central location, support from state and local economic development agencies, and favorable business taxes in the state as key to the long term success of SouthPoint Business Park, North Carolina. But the catalyst that kicked off this aggressive expansion was the State of North Carolina’s regulatory reforms that relieved the crippling cost burdens of the 2012 IECC. The regulatory reforms reduced the costs of industrial buildings by as much as 8% which has opened the door once again for developers like the Hollingsworth Companies to proactively invest in speculative industrial space.

In support of future industrial growth, under the leadership of Terry Bralley, President of the Davie Economic Development Commission, the Town of Mocksville and the State of North Carolina approved a grant to extend Quality Drive into new acreage. The road extension, coupled with the purchase of additional acreage by The Hollingsworth Companies created the catalyst for this expansion.

A total of 85 acres of land are being developed into 4 building sites totaling 641,000SF of industrial space. The buildings will range in size from 108,960SF; 134,960SF; 152,241SF; and 252,834SF. All these facilities are designed with the ability for future expansion. The largest building, 252,000SF, can be expanded to 454,000 SF. Building construction features include LED lighting, 32 foot minimum clear height, 60 feet by 60 feet column spacing, and ESFR fire suppression system for the ideal combination of flexibility and value.

Since its inception, The Hollingsworth Companies have developed 4 business parks. The first was located in Clinton, Tennessee. The remaining three parks are located in Mocksville, North Carolina; Prince George County, Virginia; and Tanner, Alabama. SouthPoint industrial park in Mocksville is located 2 miles from I-40 and was founded in 1997. Phase I of the Mocksville park was the development of 45 acres and 4 buildings were constructed on this site for a total of 325,860 SF. Phase II included the development of an additional 57 acres of land, and 4 more buildings totaling another 421,126SF of industrial space.

“Joe Hollingsworth participated as one of our first equity investors. In addition, Joe Hollingsworth has served as a board member and leading advisor for strategic planning and direction.” — Scott Kelley, President and CEO, Service Center Metals