Piedmont Properties/CORFAC International recently facilitated two industrial investment deals to buyers outside of the Charlotte region. The first property, an 18,200 SF industrial BTS for Heniff Transportation, was acquired by an investor from San Francisco for $5,950,000. After previously facilitating the initial build-to-suit for Heniff Transportation in 2018 including site selection, Lester Osborn, CCIM, SIOR, Scott Hensley, CCIM, SIOR, and Christian Samartino, SIOR represented the seller in the most recent transaction.
The Steele West Business Center, a portfolio of four 11,920 SF office/warehouse duplexes in Southwest Charlotte, was recently acquired by an investment firm out of St. Louis, MO for $6,800,000. Scott Hensley, CCIM, SIOR and Lester Osborn, CCIM, SIOR represented the buyer and seller in this transaction. Piedmont has been involved with this development since the first building was built in 2012. Seven of the eight spaces are currently occupied by tenants with multiple locations both domestically and internationally, and Piedmont Properties is the primary leasing company for the current 5,960 SF vacancy.