Colliers facilitated the $61.8 million sale of POLYWOOD’s 930,250-square-foot manufacturing and warehousing campus in Person County, North Carolina. Colliers’s Jimmy Ullrich, Ryan Vaught, Michael Macchia and Riley Vaught represented the sellers, Weston and Blue Vista Capital Management. Carolina Logistics Center and Tratt Properties were the buyers.

The facility will continue to serve as both a manufacturing facility and a distribution center for POLYWOOD, an outdoor furniture company. This will allow the company to continue shipping its products to customers along the East Coast.

Located at 3300 Jim Thorpe Hwy, the site is composed of two buildings, including one that is the original 430,256 square foot building utilized to extrude, manufacture, package, and distribute the POLYWOOD product. The second building is a newly completed build-to-suit 500,000-square foot facility, completing POLYWOOD’s final assembly and shipping. It features a 100,000-sq.-ft. recycling area, a 200,000-square-foot foot extrusion area, and a 200,000-square-foot finished goods area.

The project is located 30 miles north of Raleigh-Durham.

Microsoft acquired the 1,350-acre Person County Mega Park. The company paid nearly $27 million for land which the county has been trying to sell for the last 10 years. While it’s likely the company will construct a data center, no plans have been formalized yet. The Triangle Business Journal reports the company has said it wants to double its data center capacity by the end of 2024.

The Person County site is one of a handful of unfilled megasites in the state. Officials have said developing more megasites is critical to attracting large investments from major companies. Megasites were created to simplify things for potentially large users who do not want to go through a protracted planning process. They are basically shovel-ready land that shaves years off of a project timeline. 

Data centers have significant energy requirements. The Person County site is between a Duke Energy and Enbridge Gas power plant. Person County is 30 miles north of Durham.