Charlotte

Google Gobbles Up Giant Warehouse Outside Charlotte, Squeezing Big-Box Space

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Published on April 28, 2026
Google Gobbles Up Giant Warehouse Outside Charlotte, Squeezing Big-Box SpaceSource: Wikipedia/The Pancake of Heaven!, CC BY-SA 4.0, via Wikimedia Commons

Google has quietly locked down one of the Charlotte region’s last true big-box industrial options, signing on for the roughly 723,000 to 730,000 square feet at KC 100 in the Overlook 85 park in Rowan County. The warehouse, at 1894 Old Beatty Ford Road, is slated for occupancy in the second quarter of 2026. The sheer size of the deal is expected to move the needle on the metro’s quarterly absorption and further thin out already limited large-format supply.

As first reported by Bisnow, lease documents identify Google as the new tenant and show an 88-month term with two five-year renewal options. Bisnow also reports that Google has first rights to an adjacent planned 1-million-square-foot building known as KC 300. The Overlook 85 project, including Building 100, was developed by Hudson Capital Partners, according to Cushman & Wakefield.

Why the lease tightens big-box supply

Colliers’ first quarter industrial report records a single-tenant commitment to the full Overlook 85 Building 100 and shows Charlotte’s net absorption topping roughly 1 million square feet in the first quarter of 2026. CBRE notes that spaces over 500,000 square feet remain “notably scarce,” and together the reports indicate that Google’s lease removes one of the few remaining large-format options for major users in the region.

What Google might do with the space

There is still no public word on how Google plans to use the Rowan County warehouse. Bisnow reports the company has not disclosed an intended use. The outlet places the transaction in the context of Google’s broader Carolina footprint, which includes a recent $1 billion expansion at the Lenoir data-center campus, according to the Charlotte Observer, along with multiple data-center projects announced in South Carolina by the governor’s office. South Carolina’s governor has described the Lowcountry investments as part of a multi-state push that could help explain how nearby industrial space ultimately fits into Google’s plans.

Local brokers and market reports say that when a credit-grade occupier grabs such a large block of Class A space, it tends to spur additional leasing in the submarket and prop up rents. Colliers expects vacancy to remain anchored in the low-8 percent range as demand continues to work through new supply. With Google converting KC 100 from a publicly marketed big-box option into occupied space, the available lineup for large users across the Charlotte MSA just got noticeably thinner.