Saturday, December 12, 2020

Mission-critical industrial facility in Charlotte MSA sells for $14.7 million

Distribution and light manufacturing facility located in the Charlotte-area community of Rock Hill, SC

Patrick Nally 

CHARLOTTE, NC – JLL Capital Markets announced it has closed the $14.7 million sale of a 129,600-square-foot, Class A, mission-critical distribution and light manufacturing facility located in the Charlotte-area community of Rock Hill, South Carolina.

JLL worked on behalf of the seller, Scannell Properties. STAG Industrial, Inc. purchased the asset.

 The state-of-the-art facility delivered in 2020 as a build-to-suit for DIRTT Environmental Solutions (NASDAQ: DRTT), an advanced developer and creator of highly customizable and sustainable architectural interiors.

The property houses mission-critical operations for the tenant and boasts a multitude of institutional-quality features. 

Pete Pittroff

Located on 22.06 acres at 2225 Williams Industrial Blvd., the building is within the master-planned Legacy Park East and is adjacent to Interstate 77, which provides connectivity to Interstates 485 and 85, the industrial backbone of the Southeast.

 The JLL Capital Markets team representing the seller was led by Senior Director Patrick Nally and Senior Managing Director Pete Pittroff.

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Contact:

Kristen Murphy,  

 JLL Senior Manager,    

 Public Relations

Phone: +1 617 848 1572

Email:  Kristen.Murphy@am.jll.com

stagindustrial.com.

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