CHARLOTTE, NC –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has closed the $8.7 million
sale of the Caldwell Building, a 78,319-square-foot, light manufacturing and
distribution facility in the Charlotte-area community of Huntersville, North
Carolina.
HFF marketed the property
on behalf of the seller, Bank of America, N.A., as Trustee, and One Liberty
Properties, Inc. purchased the asset as of May 25, 2017.
The institutional-quality
building is leased to Forbo Siegling through May of 2025 and is situated on
18.58 acres fronting Herbert Wayne Court located within The Park –
Huntersville.
The Park – Huntersville lies within Charlotte’s North industrial
submarket and has easy access to a network of major thoroughfares, including
Interstate Highways 77, 485, 85 and 40, which provide connectivity to the
entire Southeast U.S.
The HFF investment sales
team representing the seller was led by senior managing directors Chris Norvell and Ryan Clutter and associate director Patrick Nally.
For a
complete copy of the company’s news release, please contact:
Kristen M. Murphy
Director, Public Relations
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com