430K-SF Person County Logistics Park Sells for $61.8M

Colliers facilitated the $61.8 million sale of POLYWOOD’s 930,250-square-foot manufacturing and warehousing campus in Person County, North Carolina. Colliers’s Jimmy Ullrich, Ryan Vaught, Michael Macchia and Riley Vaught represented the sellers, Weston and Blue Vista Capital Management. Carolina Logistics Center and Tratt Properties were the buyers.

The facility will continue to serve as both a manufacturing facility and a distribution center for POLYWOOD, an outdoor furniture company. This will allow the company to continue shipping its products to customers along the East Coast.

Located at 3300 Jim Thorpe Hwy, the site is composed of two buildings, including one that is the original 430,256 square foot building utilized to extrude, manufacture, package, and distribute the POLYWOOD product. The second building is a newly completed build-to-suit 500,000-square foot facility, completing POLYWOOD’s final assembly and shipping. It features a 100,000-sq.-ft. recycling area, a 200,000-square-foot foot extrusion area, and a 200,000-square-foot finished goods area.

The project is located 30 miles north of Raleigh-Durham.