CWK - Cushman & Wakefield arranges sale of North Carolina industrial portfolio
Cushman & Wakefield (CWK -0.2%) has arranged the sale of the North Carolina Interstate 40/Interstate 85 Industrial Portfolio, a collection of 22 buildings located in the greater Charlotte and Triad regions. The final sale price stood at $86.6M. The portfolio was acquired by SVN Parsons Commercial and their partnership team. "This portfolio spans two regions in North Carolina and provides immediate scale and upside," Director at Cushman & Wakefield Ashton commented. The portfolio offering was 98% leased at the time of sale to a strong tenant roster.
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Cushman & Wakefield arranges sale of North Carolina industrial portfolio