National Kitchen & Bath Cabinetry Inc. has bought a 247,000-square-foot industrial building at AXIAL Bonds Farm in Concord, planting a major cabinet manufacturing and distribution user in the northeast Charlotte suburbs. The move pulls one of the three speculative rear-load warehouses out of the available pool and shows there is still plenty of appetite for modern industrial space in the region.
In a press release from Crescent Communities, the developer said it partnered with AEW Capital Management to sell the building to National Kitchen & Bath Cabinetry. The release notes that Brian Crutcher and Anne Johnson of CBRE represented the sellers, while Thomas Hipp of Whiteside Properties represented the buyer. It also includes a statement from Brendan Pierce, Crescent’s president of commercial, who called the sale “the success of our long-term vision for AXIAL Bonds Farm.”
Deal Details And The Space
AXIAL marketing materials show the 247,000-square-foot building as one of three structures in the 810,000-square-foot AXIAL Bonds Farm campus, designed with 36-foot clear heights and a rear-load setup that targets manufacturing and distribution tenants. The project page lists the property as Class A industrial space and highlights a layout and truck-court configuration that are tailored to single-tenant users. For more on the campus, see AXIAL Industrial and commercial listings on CommercialCafe.
Who The Buyer Is
On its company site, National Kitchen & Bath Cabinetry describes itself as a wholesale cabinet manufacturer and supplier with a large showroom and distribution presence in Concord, with a local contact currently listed at 1000 Derita Road. Crescent’s release states that the buyer will fully occupy the 247,000-square-foot building, and that financial terms of the transaction were not disclosed. For company background and local contact details, see National Kitchen & Bath Cabinetry Inc..
Why This Matters For Concord And Charlotte
The sale comes as Charlotte-area industrial development continues to deliver new product and attract investor interest, even while the market works through a sizable construction pipeline. Industry trackers and market reports show the region added significant industrial inventory and transaction volume in 2025, a pattern that has kept modern, well-located warehouses in demand among manufacturing and distribution users. See broader market data and pipeline context at CommercialCafe.
With National Kitchen & Bath taking the largest of the three AXIAL Bonds Farm buildings off the table, Crescent and its leasing team can now zero in on landing regional users for the remaining two. Crescent’s project materials and photos are still available on the AXIAL site, and the developer continues to market the campus to companies that need heavy truck access and high clear heights.
