Amazon Signs Lease at Crescent Communities’ AXIAL Rapid Commerce in Charlotte
CHARLOTTE, North Carolina – (Oct. 24, 2025) – Crescent Communities, a nationally recognized market-leading real estate investor, developer, and operator of mixed-use communities and industrial projects, together with Fortius Capital Partners, today announced that Amazon has officially signed a lease at AXIAL Rapid Commerce, a 449,000-square-foot rear-load industrial development in Charlotte. The lease marks a major milestone for the project and underscores the strategic appeal of Charlotte as a hub for national logistics and e-commerce operations.
“Amazon’s commitment to AXIAL Rapid Commerce validates the long-term vision behind this development,” said Chase Kerley, Industrial Managing Director at Crescent Communities. “From the beginning, we set out to create a next-generation logistics hub, one that could meet the demands of high-volume operators with a focus on speed, access, and sustainability. We’re proud to deliver a space that supports Amazon’s regional growth while reinforcing Charlotte’s role as a critical link in the national supply chain.”
Located within the 1.5 million-square-foot Rapid Commerce Park, AXIAL Rapid Commerce offers direct access to Charlotte Douglas International Airport, I-485, and I-85. The site enables tenants to reach over 50% of the U.S. population in a single day’s drive and 75% within two days – making it a central point for logistics, manufacturing, and distribution.
The state-of-the-art facility includes 3,850 square feet of office space, 338 auto parking spaces, 106 trailer parking spaces, two drive-in doors, and multiple storefronts. It features 36-foot clear heights, abundant dock doors, and is designed to meet the operational needs of a wide range of users. The space was developed to LEED standards, incorporating over a 14% reduction in embodied carbon during construction, along with sustainable features such as heat island reduction, advanced recycling systems, and environmentally responsible materials.
Project partners for AXIAL Rapid Commerce include Fortius Capital Partners (co-developer), DMA Architecture (architect), Orsborn Engineering (civil engineer), Evans General Contractors (general contractor), Pacolet Milliken (JV partner), TD Bank (lender), and Colliers (leasing).
The Crescent Communities team has extensive experience in executing AXIAL Industrial projects encompassing more than $921 million. Today, its portfolio features 65 industrial projects, with nearly 14.5 million square feet of completed projects and 3 million square feet of projects in development or operation. Among its recent milestones are the groundbreaking of AXIAL Rockville 64 in Virginia, a two-building, 335,000-square-foot development with flexible configurations for logistics and light manufacturing, and including AXIAL Rapid Commerce in Charlotte, there have been several new completions in the Carolinas: AXIAL Southgate 77 in Rock Hill, AXIAL Bonds Farm in Concord, and a build-to-suit facility for Structural Building Solutions in Archdale.
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About Crescent Communities:
Crescent Communities is a nationally recognized, market-leading real estate investor, developer, and operator of mixed-use "communities." We create high-quality, differentiated multifamily and commercial communities in many of the fastest growing markets in the United States. Since 1963, our development portfolio has included more than 86 multifamily communities and 25 million square feet of commercial space. Crescent Communities has offices in Charlotte, D.C., Atlanta, Orlando, Nashville, Dallas, Denver, and Phoenix. Our multifamily communities are branded NOVEL, RENDER, and HARMON by Crescent Communities, our industrial developments are branded AXIAL by Crescent Communities, and our life science developments are branded THE YIELD by Crescent Communities.
