Patrick Nally |
CHARLOTTE,
NC – JLL Capital
Markets announced it has closed the $31.75 million sale of Oates Crossing, a
four-building, Class A light industrial/flex portfolio totaling 235,400 square
feet in the Charlotte community of Mooresville, North Carolina.
JLL marketed the property on behalf of the seller, Corporate Center Properties.RealOp Investments bought the asset.
The
JLL Capital Markets team representing the seller was led by Senior Directors Patrick
Nally and Hunter Barron and Senior Managing Director Pete
Pittroff.
JLL marketed the property on behalf of the seller, Corporate Center Properties.RealOp Investments bought the asset.
Oates
Crossing is a best-in-class light industrial portfolio that is one of only two
Class A parks in the submarket. Originally developed by the seller in 2005 and
expanded through 2018, the portfolio is leased to 13 tenants.
The
property is situated on 15.94 acres at 105 and 115 Corporate Center Drive and
120 and 128 Talbert Road in the Lake Norman area adjacent to Interstate 77.
Hunter Barron |
JLL
Capital Markets is a full-service global provider of capital solutions for real
estate investors and occupiers.
The firm's in-depth local market and global
investor knowledge delivers the best-in-class solutions for clients — whether
investment advisory, debt placement, equity placement or a recapitalization.
The firm has more than 3,700 Capital Markets
specialists worldwide with offices in nearly 50 countries.
For
more news, videos and research resources on JLL, please visit our newsroom.
Contact:
Pete Pittroff |
Kimberly
Steele, JLL Senior Associate, Public Relations
Phone: +1
713 852 3420
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