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| Sarah Godwin |
CHARLOTTE, NC, June 12, 2018 – HFF announces the sale
of an approximately 8.33-acre land parcel to Max
Daetwyler Corporation within The Park – Huntersville (The Park), the premier
master-planned business development campus in the North
Charlotte and Lake Norman area community of Huntersville, North Carolina.
The HFF team marketed the parcel on behalf of Bank of America,
N.A., as Trustee for the Bank of America Pension Plan (Plan), and Max Daetwyler
Corporation, a long-time investor and resident of The Park, purchased the
asset, which lies adjacent to the existing Daetwyler North America Headquarters
facilities and has been acquired to meet the company’s future expansion
needs.
The HFF investment advisory team representing the seller consisted of director Sarah Godwin and senior director Hunter Barron.
Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp, a North Carolina licensed real estate broker.
HFF also arranged the sale of
an approximately 10.93-acre land parcel on behalf of the Plan to an
undisclosed buyer. These two transactions represent the sixth and
seventh significant land parcel sales brokered by HFF within The Park since
spring of 2017 for a total of about 67.53 acres to date.
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| Hunter Barron |
Other
parcels are currently being marketed, with a few remaining sites available from
two to 28 acres in size.
The Park – Huntersville is a mixed-use development of
approximately 674 total acres in size with more than 2.6 million square feet of
assets currently in place including 1.46 million square feet of office/flex
space, 949,000 square feet of industrial, 125,000 square feet of retail, 560
apartment units and an estimated 6,000 daily employees in diverse industries
such as healthcare, logistics and distribution, financial services, engineering
and racing.
Notable
employers within The Park – Huntersville include Novant Health, Forbo Siegling,
Joe Gibbs Racing, Max Daetwyler Corporation, American Tire Distributors,
Stanley Black and Decker, Kellogg and Ensemble Health Partners.
Located
immediately off the Gilead Road exit from Interstate 77, the Charlotte region’s
critical north-south connector, The Park – Huntersville provides prompt access to
Uptown Charlotte, the UNC-Charlotte/University City area and extraordinary
executive housing in the sought-after Lake Norman area.
For more
information, please contact:
KIMBERLY STEELE
HFF Digital Content/Public Relations Specialist
(713) 852-3420
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