News
Charlotte Commercial Real Estate

GEO trackin’

LA-based GEO Plastics, a maker of blow-molded and injection-molded parts for industry (as compared to, you know, private collections), recently paid $3M for the 60k SF former Jackson Tube Service building on Westinghouse Boulevard. The company, which also got about 20 acres in the deal, expects to add about 30 new jobs to the local market in the next three years. It's an East Coast expansion that GEO CEO Mike Morris says resulted from Charlotte's infrastructure, competitive costs, and proximity to key customers. Doug Wynne of Perennial Commercial Real Estate repped GEO. Peter Bergen of Kirco Realty Services Group repped the seller, Jackson Tube. Wynne is marketing about 10k SF of the space for lease at $9.50/SF.

Continue reading this story with a free account

Log in or register
Related Topics: Westinghouse Boulevard
Sign up for more articles like this
Subscribe to Bisnow's Charlotte Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

CBRE Posts 16% Revenue Growth In Q2 As Data Center Business Shines

How Metropolis Is Bringing Parking Into The Future With AI And Recognition Technology

While Chicago Development Stalls, Fulton Market Keeps Building