 |
| Val Derrick |
CHARLOTTE,
NC, May 11, 2020 – JLL Capital
Markets announced today that it has closed the sale-leaseback of a
126,363-square-foot, single-tenant, fully leased manufacturing facility in the Charlotte-area community of Harrisburg, North
Carolina.
 |
| Pete Pittroff |
JLL
marketed the property on behalf of the seller, Wilbert Plastic Services (WPS).
AIC Ventures purchased the asset and executed a long-term, absolute net lease
with the seller.
The
building will continue to be a mission-critical location for Wilbert Plastic
Services, a premier thermoforming and injection molding company.
Situated
on 15.64 acres at 7301 Caldwell Rd., the building is along the I-85 corridor,
which is one of the premier distribution locations within the Charlotte market,
and half an hour from the WPS headquarters and thermoforming facility in
Belmont.
 |
| Patrick Nally |
This
location is two miles from Interstate 485, five miles from Interstate 85 and
provides exception regional access
The
JLL Industrial Capital Markets team representing the seller was led by Managing
Director Pete Pittroff, Senior Director Patrick Nally, Associate Val
Derrick and Analyst Dave Andrews.
“Industrial
demand remains strong in the Carolina’s markets particularly for quality assets
with quality tenants,” Pittroff said.
“This transaction led to a positive
outcome for our client, and we would like to thank AIC Ventures for their
efficient approach.”
For
more news, videos and research resources on JLL, please visit the firm’s U.S.
media center Web page: U.S. newsroom.
 |
| Dave Andrews |
About
Wilbert Plastic Services
Wilbert
Plastic Services is a premier injection molding and thermoforming plastic
solution provider in the U.S.
With more than 50 years of plastic manufacturing experience, Wilbert serves as a supplier for many of the world’s largest OEMs that operate in twelve industrial markets.
With more than 50 years of plastic manufacturing experience, Wilbert serves as a supplier for many of the world’s largest OEMs that operate in twelve industrial markets.
About AIC Ventures
AIC Ventures is an investment fund manager
providing alternative capital solutions to middle-market companies throughout
the U.S.A. The company acquires existing property and creates new leases,
acquires property that is already leased or performs build-to-suit capital for
new property.
Kimberly Steele
JLL Senior Associate,
Public Relations
Phone: +1 713 852 3420
Email: Kimberly.Steele@am.jll.com
jll.com.
wilbertplastics.com.
aicventures.com
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