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Local Developer Breaks Ground on Future Business Park

Local Developer Breaks Ground on Future Business Park
County and town leaders turned out to mark the investment in Selma

Selma, NC (August 30, 2021) – AdVenture Development, LLC hosted a groundbreaking ceremony at the site of the future Eastfield Business Park on Tuesday, August 24, 2021.

Ground was broken on the 135,000 SF industrial spec building at 101 E. Providence Blvd in Selma, NC. The spec building, also known as Building 100, is a state-of-the-art industrial project located in a certified North Carolina Opportunity Zone. The 36’ clear tilt up concrete building is suitable for advanced manufacturing, distribution or warehouse space-to-suit.

The property is the first to be developed in Eastfield, a 3 million SF mixed-use smart city development to include industrial, retail, medical, hospitality, senior living and residential space located at I-95 Exits 97 and 98 in the Triangle East Raleigh metro area.

AdVenture Development, a real estate developer and investor of mixed-use properties, serves as project developer for Eastfield, while Arco Design/Build will provide comprehensive design and construction services for Building 100.

AdVenture Development President Kevin Dougherty says, “We’re grateful for the support from the Town of Selma, Johnston County and all of the business leaders and partners who have worked with us throughout the planning and development process. We look forward to more groundbreaking events and celebrations as the project unfolds.”

For information on leasing the property, contact exclusive marketing agent, Phoenix Commercial at 919-896-6497. For additional information about Eastfield, contact AdVenture Development at 919-965-5661.


About AdVenture Development: AdVenture Development, located in Selma, NC, focuses on commercial real estate development projects. Recent projects include McCandless Crossing, a 1.2 million SF mixed use development with retail, medical, hospitality, office, entertainment, residential and senior living, in Pittsburgh, PA; Triangle East Collaborative (TEC); and the soon-to-be developed Eastfield project, a 3 million SF mixed use project located at Exits 97 and 98 on
I-95 in the Triangle East Raleigh metro area.