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A $17 million spec building is nearing completion in Kannapolis. The building is located on Kannapolis Parkway near Stewart-Haas Racing and the intersection of N.C. 73. It is also in close proximity to the new Kannapolis Amazon Distribution Facility.

Triliad Development, Inc., a developer from California, is constructing the facility. The building is 300,000 square feet and can be used by one tenant or subdivided for multiple tenants. The building is also being constructed for multiple purposes and would be ideal for distribution or manufacturing.

Triliad is building the facility for Gene Haas, who owns Haas Automation, the Haas Formula One Team and co-owner of Stewart-Haas Racing. “We look forward to the addition of this new 300,000 square foot building to our portfolio. We appreciate the working partnership we have developed over the past 12 years with the City of Kannapolis during the development of Stewart-Haas Racing and Haas F1. We are pleased to develop this quality building providing new job opportunities in the City,” commented Valerie Draeger, president of Triliad.

“We are glad that Gene Haas and Valerie Draeger continue to invest in the future of Kannapolis. We look forward to meeting with prospective businessowners who will be able to use this beautiful building for their company’s needs,” said Kannapolis Mayor Darrell Hinnant.

Warren Snowdon and Lane Holbert of Foundry Commercial are serving as brokers for the location. Contact them at 704.705.3852/warren.snowdon@foundrycommercial.com.