Sanford, NC – October 22, 2024 – Trinity Capital is pleased to announce the groundbreaking of a new industrial facility at Regional Crossroads Park. The 101,920-square-foot build-to-suit project will be developed for Stier Supply Company, a family-owned  distributor of millwork products. 

Located in Sanford, North Carolina, Regional Crossroads Park is a 500-acre master planned industrial park offering a variety of building options to suit the needs of businesses of all uses and sizes. The park is strategically located to easily serve the greater Triangle market, featuring exceptional connectivity to the major highways that serve the region and features strong connectivity to major highways. Additionally, the city of Sanford and Lee County are known for their pro-business approach and partnership with companies looking to relocate to the area.   

“We’re very excited to welcome Stier to Regional Crossroads,” said Jordan Quinn, Partner, Industrial at Trinity Capital. “To have a best-in-class company like Stier choose Regional Crossroads validates the park’s overall quality and location as an excellent offering for growing companies in the Raleigh area seeking distribution or manufacturing nodes within their networks.” The new facility will serve as a production and distribution center for Stier Supply Company’s products, including doors, trim, stairs, hardware, and blinds.  

“Stier’s decision to choose Regional Crossroads is a great example of the exceptional value in locations like Sanford,” said Jeff Sheehan, Managing Partner at Trinity Capital. “The park is 20 minutes from RTP, allowing Stier and future tenants to benefit from RTP’s workforce, airport, and distribution networks. That proximity coupled with Sanford and Lee County’s collaborative, business-forward approach is a major benefit for us as the developer and for the companies who choose to do business there.”   

Construction on the park’s first building has begun and is expected to be complete in 2^nd quarter 2025. Trinity Capital purposefully invested in initial site preparations including putting utilities in place to shorten the development timeline.  

“We were very deliberate in getting everything in place to allow users an efficient, seamless development experience,” Sheehan added. “This initial building is great momentum for the park, and based on the interest we’ve received, we expect additional announcements soon.”  

Regional Crossroads Park offers a variety of development opportunities, including buildings ranging from 50,000 to one million square feet. With its prime location and strong infrastructure, the park is well-positioned to attract a diverse range of businesses. 

This recent development is the latest in Trinity Capital’s continued investment and development in the Triangle region. Over the past 10 years, the firm has acquired or developed over 9.0 million SF of office, industrial, and life science assets totaling $2.2 billion in capitalization. Major projects include Eastgate 540 (980,000 SF across six industrial buildings), 147 Exchange (274,370 SF industrial building), Park Point (645,000 SF adaptive reuse life science park), Spark LS (1.7 million SF life science campus), and Southport Innovation Center (911,000 SF life science / flex manufacturing campus).  

ABOUT STIER SUPPLY COMPANY 

Stier Supply Company is a 78-year-old family run and operated organization whose goal is to be the #1 Millwork Services company in the Southeast US. We distribute building materials for residential construction focusing on  exterior doors, interior doors, trim, stairs, hardware, and blinds. 

ABOUT TRINITY CAPITAL  

Trinity Capital Advisors focuses on the acquisition and development of institutional-quality commercial real estate in the southeastern United States. The firm has invested more than $4.5 billion acquiring and developing more than 30 million square feet of the most successful workplace real estate projects in North Carolina, South Carolina, Tennessee, and Florida, including CBD office towers, industrial portfolios, suburban office parks, and mixed-use developments. Investments are capitalized through various Trinity Capital investment vehicles and partnerships with some of the country’s top institutional investors. Learn more at trinitycapitaladvisors.com.