JLL Tapped to Lease Trinity Capital Advisors' I-40 Exchange Industrial Park in Garner, NC

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Aerial view of Phase 1 at I-40 Exchange Industrial Park in Garner, NC, showing concrete foundations and site work for the two-buildings being developed by Trinity Capital Advisors with Barings, a project for which JLL is handling leasing.
Aerial view of Phase 1 at I-40 Exchange Industrial Park in Garner, NC, showing concrete foundations and site work for the two-buildings being developed by Trinity Capital Advisors with Barings, a project for which JLL is handling leasing.| Photo: Trinitycapitaladvisors

Construction is progressing at I-40 Exchange Industrial Park, a two-phase Class A industrial development in Garner, North Carolina, developed by Trinity Capital Advisors in a joint venture with Barings, the firms announced June 18. JLL is handling leasing for the project, which will total 715,600 square feet across four buildings at full buildout.

Phase 1 Construction Milestones

Phase 1 of I-40 Exchange encompasses two buildings totaling 336,100 square feet and is now more than halfway through development, according to Trinity Capital Advisors. At Building A, tilt-wall panel erection is complete and steel erection is underway. At Building B, the construction team is progressing through panel preparation, forming, and pouring, with tilt-wall panel erection expected by the end of the month.

Sitework is also advancing across the project. Fine grading of the entry road is underway, a water tie-in has been completed, and water line installation is continuing, the firm said.

Project Specifications and Location

I-40 Exchange is designed to serve the greater Raleigh-Durham market, with direct access to two I-40 interchanges at Cleveland Road and NC-42. The park's specifications include 32-foot clear heights, ESFR sprinkler systems, ample auto parking, and dedicated trailer parking.

Drone photograph of the I-40 Exchange construction site in Garner, showing the large concrete building slabs and surrounding infrastructure as Phase 1 progresses on the Class A industrial park leased by JLL on behalf of Trinity Capital Advisors and partners.
Drone photograph of the I-40 Exchange construction site in Garner, showing the large concrete building slabs and surrounding infrastructure as Phase 1 progresses on the Class A industrial park leased by JLL on behalf of Trinity Capital Advisors and partners. | Photo: Trinitycapitaladvisors

JLL Leasing Assignment and Project Team

Al Williams, Justin Booth, and Austin Jackson of JLL are handling leasing on behalf of ownership. The broader project team includes Choate Construction as general contractor, DMA Architecture as architect, and Bolton & Menk as civil engineer.

Trinity Capital Advisors has not disclosed a projected delivery timeline or pre-leasing status for Phase 1 or Phase 2 of the development.

Sources

Trinity Capital Advisors — Development Update: I-40 Exchange Industrial Park (June 18, 2026)

Portrait used with the leasing announcement, representing an industry executive featured in coverage of JLL’s assignment to lease space at the I-40 Exchange Industrial Park in Garner, NC.
Portrait used with the leasing announcement, representing an industry executive featured in coverage of JLL’s assignment to lease space at the I-40 Exchange Industrial Park in Garner, NC. | Photo: Trinitycapitaladvisors