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Atlanta & Southeast  + Southeast  + Office  |  February 17, 2021
David Cohen
By: David Cohen

Avison Young Arranges Sale of 355K-SF Logistics Facility in North Carolina

Avison Young has arranged the sale of the Eastside Logistics Center, a 354,518-square-foot logistics facility in Matthews, N.C. The sales price was not disclosed.

The last-mile distribution and light manufacturing facility was also formerly utilized as the Family Dollar headquarters, which had become a surplus asset due to the acquisition of Family Dollar by the Dollar Tree organization. The property is located on nearly 44 acres at 10301 Monroe Road.

Jeff Heller of Avison Young’s New Jersey office, along with Chris Skibinski of the firm’s Charlotte office, represented the seller, Dollar Tree Inc., in the transaction. The buyer was Basking Ridge, N.J.-based Silverman Group.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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