Wednesday, July 5, 2017

HFF closes $8.7 million sale of 78,319-square-foot warehouse facility in the Charlotte, NC MSA

 
Caldwell Building, Huntersville, NC

 
Chris Norvell
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