Florida Investor Bags 422k SF of Charlotte Industrial

Florida-based Adler Kawa Real Estate Advisors acquired four buildings at Shopton Ridge Industrial Park for more than $33M from Trinity Capital Advisors and PCCP. All together the buildings total 422k SF, with tenants that include Cardinal Health, Linde Gas and Pinpoint Warehousing. The sale didn't include 25 acres that Trinity and PCCP own at Shopton Ridge, reports the Charlotte Business Journal. CBRE's Patrick Gildea, Anne Johnson and Bryan Crutcher repped the seller. [CBJ]

Continue reading this story with a free account

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

Luxury Marriott Hotel Will Take Space In Charlotte Office Conversion

Prologis Acquires 69 Acres For 1M SF Chicago-Area Industrial Development

Stephen Curry Sells Planned HQ Site Near Warriors' Arena

Data Center Demand Has Made IOS An Institutional Capital Playground

How Prologis Conquered The World

'The Box Isn't The Whole Story': Where Phoenix's Industrial Growth Is Heading

Lone Star JV Buys 2M SF R&D Portfolio In Silicon Valley

Miami-Dade Overturns Mayor's Veto For 2.7M SF Kelly Tractor HQ Beyond Urban Development Boundary

Becknell Taps JLL IPT Veteran To Boost REIT's Selling Group

New Bills Promise Contingency Funds, Higher Fines For Cold Storage Facilities

Houston Industrial Supply Boom Tempered By Lack Of Equity

Crow Holdings Raising Nearly $3.3B Fund, Its Largest Ever