The Upper Deck Company leases full building at Alexander Commerce Park
June 29, 2021
Trinity Capital Advisors recently signed a lease for Alexander Commerce Park’s first tenant. The Upper Deck Company will occupy a full building totaling 126,000 SF.
The Upper Deck Company is a worldwide sports and entertainment company known for their collectible trading cards, memorabilia, and collectibles. Headquartered in Carlsbad, California, this building will serve as the company’s East coast office. Colton Clifton with BPG Management represented the tenant in the transaction. CBRE’s Austin Nagy, Ann-Stewart Patterson, and Bryan Everett represented ownership.
Alexander Commerce Park is a Class-A industrial park featuring three buildings, totaling 441,000 square feet, and located on TW Alexander Drive in Durham’s Research Triangle Park. Construction is underway with a completion date in the first half of 2022.
“We’re excited to have Upper Deck at Alexander Commerce Park. The company’s outstanding reputation and international footprint will be an excellent complement to the park,” said Massie Flippin, Partner at Trinity Capital.
The Park is centrally located within the Triangle and features proximity to major highways and transportation corridors and targets light industrial, advanced manufacturing, pharma, and distribution tenants.
The remaining two buildings are 189,280 SF and 126,000 SF. Designed by DMA Architects, the buildings will feature 32’ clear heights, ESFR fire protection, and three primary entrances along each façade to allow for easy subdivision for multiple tenants.
In addition to Alexander Commerce Park, Trinity Capital is currently developing 147 Exchange in Durham and wrapping up development at Eastgate 540, a six-building, 980,000 SF industrial park in Raleigh’s East Wake submarket. Trinity Capital recently listed Eastgate 540 for sale while actively working on new industrial developments in Charlotte, Charleston, and Savannah.
“Our team’s significant experience and track record allowed us to capitalize on the momentum in the industrial market. We’ve spent years evaluating key sites for development, and that hard work has resulted in tremendous growth for our industrial portfolio and platform,” said Jeff Sheehan, Partner at Trinity Capital. “We’re eager to continue identifying unique investment opportunities across the southeast.”
