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Monroe gets back into the spec building business

27 February 2013

Ken Elkins, Charlotte Business Journal

Monroe has started construction of a new $2.6 million speculative industrial building in Monroe Corporate Center business park. Matthews Construction Co. Inc is building the 102,000-square-foot building. “The building will be a substantial tool to assist in the recruitment of industry to the city of Monroe and Union County,” says Chris Platé, executive director of Monroe-Union County Economic Development. Monroe, which has the only city-financed shell-building program in the Charlotte area, has already built and filled two spec building in Monroe Corporate Center. Record-USA moved into a Monroe shell building. In 2001, the city sold its first spec building to Greiner Bio-One, which established an $11 million, 40-job headquarters.

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