JLL arranges the sale of Class A CBI Distribution Center in Southwest Charlotte, NC

                SOLD: CBI Distribution Center, a 60,000-SF

                       mission-critical logistics facility 

l                             located in Charlotte, NC   .

 

 Charlotte, NC –  JLL Capital Markets has arranged the sale of CBI Distribution Center, a 60,000-square-foot, mission-critical logistics facility located in Charlotte, North Carolina. The price was not disclosed.

Dave Andrews

JLL represented the seller, an affiliate of Zurich Alternative Asset Management, in the sale to a private investor, a family investment company based in Charlottesville, Virginia.

 The property is located at 2817 Westinghouse Blvd. and is fully leased to ONECBI, LLC, d/b/a CBI Workplace Solutions ("CBI") with 6.5 years of lease term remaining.

 

It was built in 2017 and features front-load configuration, 24-foot clear heights, nine dock-high doors, one drive-in door, 10 knock-out panels and 44 parking spaces spanning 9.880 acres.

 

CBI Distribution Center is located just two miles from the I-485/I-77 interchange, offering prime connectivity to the Charlotte MSA. 

Pete Pittroff

The property is located within ten miles of I-85, the logistics super corridor offering seamless connectivity to all the major markets throughout the Southeast including Richmond, Raleigh-Durham, Greensboro-Winston-Salem, Greenville-Spartanburg and Atlanta.

 

The JLL Capital Markets team was led by Senior Director Dave Andrews, Senior Managing Director Pete Pittroff, Director Josh McArdle and Analyst Michael Lewis. 

 

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.

Josh McArdle 

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization.

 

The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

 

For more news, videos and research resources, please visit JLL’s newsroom. 

 

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Alli Stent

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