Johnston Flex LLC to Invest $20 Million in Clayton Flex Space

42 West Business Park Facility Could Add More Than 100 Jobs to  Johnston County

Johnston County, N.C. – February 14, 2023. Johnston Flex LLC, a Charlotte-based  commercial real estate investment and development firm, will build 42 West  Business Park - a 125,000 square-foot Class-A Flex Space Facility in close proximity  to the Interstate 40 and Future Interstate 42 interchange in Clayton. The  company’s $20 million investment will add to Johnston County’s growing 1.4 million  square-feet of Class A industrial space that has been announced or under  construction per a recent media reports.  

At just over 125,000 square-feet, Johnston Flex LLC reports that the 42 West  Business Park facility could employ as many as 100 workers after it becomes  operational in the 3rd quarter of 2023. From market impact analysis reports, the  facility could add nearly $20 million to the County’s annual gross domestic product  (GDP). The facility is expected to generate over $150,000 in yearly tax revenue  to the County.  

"We continue to see steady, shared growth throughout Johnston County as we  look forward to the development of the 42 West Business Park facilty,” said R.S.  “Butch” Lawter Jr., chairman of the Johnston County Board of Commissioners.  “With larger advance manufacturing projects announced here in Johnston County  and around the Triangle Region, this unique flex space opportunity will help  expand the County's economic footprint, create more local small business ancillary  job opportunities and bolster growth along the I-40 and I-42 corridor."

42 West Business Park is a flex/light industrial development located on ±15 acres  and will consist of two, single-story flex buildings totaling ±125,000 sq. ft.  Building 1 will include ±25,000 sq. ft. and Building 2 will include ±100,000 sq. ft.  Each building will have ample parking and loading options. With visibility along  Highway 42 West outside of Clayton in Johnston County, the facility is just 17 miles  from Downtown Raleigh and 33 Miles from Raleigh-Durham International Airport.  

"It’s vital that we continue maintaining a diverse inventory of quality, ready-to-go  industrial real estate in Johnston County,” said Randy Jones, chairman of the  Johnston County Economic Development Advisory Board. “This project takes  advantage of the great visibility we get from I-40, which is one of our greatest  economic assets, as well as our network of leading private development partners.” 

Supply-chain adjustments in the wake of the Covid-19 pandemic have placed a  premium on high-quality distribution and industrial centers. 42 West Business Park  is being marketed by CBRE – Raleigh. 

“This project brings additional industrial diversification and opportunity to Johnston  County’s economy and labor market,” said Chris Johnson, director of the Johnston  County Economic Development Office. “It’s exciting to see high-quality  development and an area that is poised for continued success as businesses  reconsider supply chains and look to build sustainable links to consumers now that  the pandemic is behind us. “ 

The Johnston County Economic Development Office (JCEDO) facilitates value added interaction between government, education and the private sector in  encouraging and promoting job creation and economic investment in Johnston  County. A unit of county government, JCEDO collaborates with local, regional and  statewide partners and allies in providing confidential location assistance to  businesses and technical support to the county’s 11 municipalities. Its menu of  services includes customized digital mapping, labor and wage analysis, site  readiness assistance and incentive packaging. For additional information, visit  www.GrowWithJoCo.com