Dubai-based real estate development and investment firm Sweid & Sweid has announced the launch of a 390,000 sq. ft. build-to-suit advanced manufacturing facility for Microporous LLC in Virginia, USA.
The project marks the company’s entry into the build-to-suit manufacturing segment, further expanding its portfolio beyond logistics, industrial, and multifamily developments across the country.
The facility will serve as the new global headquarters of Microporous, a 90-year-old leading global manufacturer of battery separators used in both lead-acid and lithium-ion batteries.
The project will drive the company’s expansion into the rapidly growing domestic battery supply chain, a sector that continues to attract substantial investment as governments and manufacturers seek to localize critical production capacity within their territories.
Maher Sweid Founder and Managing Partner – Sweid & Sweid
“This project represents another step forward in the continued expansion of our US platform. We believe the US market is ripe for investment, and build-to-suit manufacturing facilities offer a compelling opportunity for deploying capital into a growing sector. We look forward to continuing to bring our Dubai-based expertise, approach, and work ethic to the US market.”
Sweid & Sweid builds global portfolio with bespoke developments
The transaction reflects Sweid & Sweid’s continued focus on opportunities where bespoke, customized real estate developments deliver operating efficiencies to its occupiers. This approach has spearheaded Sweid & Sweid’s global footprint and led to dozens of multinationals and Fortune 500 corporations establishing operations within their projects.
According to the statement, the construction will commence this month by Alston Construction Company, a leading US design-build contractor with extensive experience in advanced manufacturing and industrial projects, with completion scheduled for 2027.
