SunCap Property Group Breaks Ground on Build-to-suitApril 2018
CHARLOTTE, NC - SunCap Property Group is developing a 215,000-square-foot facility for Tristone Flowtech
USA in Mooresville, NC. The project will be located on 22 acres in the Mooresville Business Park East industrial
campus, fronting Manufacturers Boulevard. The plant will produce engine cooling hose systems, air charge hose
systems and fluid battery cooling systems for the US and Canadian automotive industries.
Sitework is underway and vertical construction will commence this month with project completion scheduled for
November of this year. Yeargin Potter Smith Construction has been named as general contractor. Colliers
International's Spartanburg office represented Tristone in the lease transaction, and Parker Poe served as counsel
and site consultant.
Tristone Flowtech Group is based in Frankfurt, Germany and this will be the company's second manufacturing
facility in North America. Tristone recently opened a new plant in Delicias, Mexico.
"SunCap is excited to be part of the team bringing Tristone Flowtech to the US," said Flint McNaughton, SunCap
CEO and Founding Partner. "The automotive sector is a key economic driver in the Carolinas and we believe both
OEMs and suppliers will continue to view this region as an ideal location for these types of long-term investments."
SunCap has recently been active in the automotive market with last year's delivery of a 230,000-square-foot
manufacturing facility for Magna Seating in Spartanburg, SC.
This is SunCap's fourth industrial project in the Charlotte area since the company's inception in 2009. SunCap
developed two FedEx Ground distribution facilities in Concord's International Business Park and last year
completed a build-to-suit for Atrium Healthcare's Mobile Medicine group.
Tristone development team on site at Mooresville Business Park East