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Atlanta & Southeast  + Carolinas  + Industrial  | 

Arden Logistics Parks Expands Industrial Portfolio in Charlotte, NC with Acquisition of Northridge Business Center

Arden Logistics Parks (ALP), a logistics operating platform launched by the Arden Group, has acquired Northridge Business Center. The four-building, flex industrial portfolio is within the metro-Charlotte and North Charlotte submarkets. ALP acquired Northridge Business Park from Fort Lauderdale-based SunCap for an undisclosed price.

The acquisition of the 174,000-square-foot portfolio augments ALP’s presence in the Charlotte market, which now boasts 20 multi-tenant buildings. 

“This acquisition allows us to expand our platform in Charlotte, a robust market that we believe will continue to grow,” notes Craig A. Spencer, Chairman & CEO of Arden Group and ALP. “The portfolio currently maintains a diverse rent roll comprised of 30 NNN tenants and is a true standout asset in the region.”

Northridge Business Park is comprised of four facilities ranging from 22,655 to 65,382 square feet.

ALP’s portfolio also includes properties in Atlanta, Boston, Columbus, Dallas, Houston, Indianapolis, Philadelphia, San Antonio, and Tampa.


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About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

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