{"id":26256,"date":"2025-12-11T09:35:18","date_gmt":"2025-12-11T01:35:18","guid":{"rendered":"urn:uuid:bb4086de-e2f5-4220-8777-96e9c76ae5e1"},"modified":"2025-12-11T09:35:12","modified_gmt":"2025-12-11T01:35:12","slug":"mapletree-signs-lenovo-to-lease-over-half-a-million-square-feet-of-industrial-space-near-greensboro-north-carolina","status":"publish","type":"newsroom","link":"https:\/\/www.mapletree.com.sg\/cn\/newsroom\/mapletree-signs-lenovo-to-lease-over-half-a-million-square-feet-of-industrial-space-near-greensboro-north-carolina\/","title":{"rendered":"Mapletree signs Lenovo to lease over half a million square feet of industrial space near Greensboro, North Carolina"},"content":{"rendered":"\n<p><br><strong>WHITSETT, NC<\/strong> \u2013 Mapletree Investments (\u201cMapletree\u201d or \u201cthe Group\u201d) today announced that global technology company Lenovo has signed a lease for the Group\u2019s 520,583-square-foot (sq ft) industrial facility at 6550 Judge Adams Road in Whitsett, North Carolina. Lenovo will use the site to manufacture servers for data centres, while continuing operations at its nearby fulfillment centre.<br><br>\u201cWe\u2019re proud to support Lenovo\u2019s ongoing investment in Guilford County\u2019s manufacturing sector as the company expands its footprint in the region,\u201d said Richard Prokup, Chief Executive Officer, US, Mapletree. \u201cThe property provides outstanding access to a skilled labour force, making it an ideal location for Lenovo\u2019s operations, which helps lay the groundwork for the area\u2019s future as an innovation hub.\u201d<br><br>Situated within Rock Creek Centre \u2013 a 1,400-acre, master-planned industrial park \u2013 the facility includes 509,393 square feet of warehouse space and an 11,190-sq ft office. With convenient access to I-40 and I-85, the property is located just 13 miles from Greensboro in the Triad region, offering connectivity to major transportation routes, including highways, ports and an airport.<br><br>In September, the Guilford County Board of Commissioners unanimously approved a US$1.1 million economic incentives package for Lenovo\u2019s expansion at 6550 Judge Adams Road. The package, which includes a US$77 million capital investment, is expected to create 420 new jobs, nearly doubling Lenovo&#8217;s current workforce of about 500 at its existing facility.<\/p>\n\n\n\n<p><br>Greg Wilson of CBRE represented Mapletree in the transaction, while Jason High and Dodson Schenck of CBRE represented Lenovo.<br><\/p>\n\n\n\n<p><br>6550 Judge Adams Road is held under Mapletree US Logistics Private Trust (MUSLOG), a closed-end private fund comprising a portfolio of 154 freehold logistics properties located across 19 US states.<br><br>Mapletree currently owns and manages approximately 1.6 million sq ft of industrial assets across North Carolina. These holdings contribute to the Group\u2019s broader US logistics footprint, which totals over 66 million sq ft.<br><br><\/p>\n\n\n\n<p>Since entering the US real estate market in 2014, Mapletree has built a diverse portfolio spanning logistics, data centre, office, student housing and multifamily properties. As of March 31, 2025, the US accounted for approximately 25% of the Group\u2019s total assets under management, valued at ~US$60.1 billion (S$80.3 billion).\u202f\u00a0<br><br><\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"1707\" data-id=\"26236\" src=\"https:\/\/www.mapletree.com.sg\/tachyon\/2025\/12\/26731-mapletree-breaks-ground-for-pair-of-industrial-facilities-in-chicagos-barlett-and-joliet-submarkets-20251210-022009-scaled.jpg?fit=1024%2C1024\" alt=\"Car, Car Dealership, Transportation\" class=\"wp-image-26236\" srcset=\"https:\/\/www.mapletree.com.sg\/tachyon\/sites\/10\/2025\/12\/26731-mapletree-breaks-ground-for-pair-of-industrial-facilities-in-chicagos-barlett-and-joliet-submarkets-20251210-022009-scaled.jpg?resize=2560%2C1707&amp;zoom=1 2560w, https:\/\/www.mapletree.com.sg\/tachyon\/sites\/10\/2025\/12\/26731-mapletree-breaks-ground-for-pair-of-industrial-facilities-in-chicagos-barlett-and-joliet-submarkets-20251210-022009-scaled.jpg?resize=2560%2C1707&amp;zoom=0.5 1280w, https:\/\/www.mapletree.com.sg\/tachyon\/sites\/10\/2025\/12\/26731-mapletree-breaks-ground-for-pair-of-industrial-facilities-in-chicagos-barlett-and-joliet-submarkets-20251210-022009-scaled.jpg?resize=2560%2C1707&amp;zoom=0.25 640w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\" \/><\/figure>\n<\/figure>\n\n\n\n<p class=\"has-text-align-center\" style=\"font-size:13px\">Lenovo has signed a lease for Mapletree\u2019s 520,583-square-foot industrial facility at 6550 Judge Adams Road in the United States, and will use the site to manufacture servers for data centres while continuing operations at its nearby fulfilment centre.\u00a0<br><br>&lt; END &gt;<\/p>\n\n\n\n<p class=\"has-text-align-center\"><\/p>\n\n\n\n<p><br><\/p>\n\n\n\n<p><\/p>\n","protected":false},"featured_media":26236,"template":"","meta":{"_acf_changed":false,"_trash_the_other_posts":false,"ep_exclude_from_search":false,"editor_notices":[]},"tags":[],"newsroom-category":[113,1135],"csr-category":[],"class_list":["post-26256","newsroom","type-newsroom","status-publish","has-post-thumbnail","hentry"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mapletree signs Lenovo to lease over half a million square feet of industrial space near Greensboro, North Carolina - MIPL Chinese<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mapletree.com.sg\/cn\/newsroom\/mapletree-signs-lenovo-to-lease-over-half-a-million-square-feet-of-industrial-space-near-greensboro-north-carolina\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mapletree signs Lenovo to lease over half a million square feet of industrial space near Greensboro, North Carolina - MIPL Chinese\" \/>\n<meta property=\"og:description\" content=\"WHITSETT, NC \u2013 Mapletree Investments (\u201cMapletree\u201d or \u201cthe Group\u201d) today announced that global technology company Lenovo has signed a lease for the Group\u2019s 520,583-square-foot (sq ft) industrial facility at 6550 Judge Adams Road in Whitsett, North Carolina. 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