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Atlanta & Southeast  + Southeast  + Industrial  |  June 25, 2020
David Cohen
By: David Cohen

Avison Young Brokers $10M Sale of Charlotte Industrial Property

Avison Young has brokered the $9.7 million sale of a 123,893-square-foot industrial property in Charlotte. Located at 1133 Upper Ashbury, the property is within five miles of Charlotte’s central business district.

Drew Coholan and John Cashion of JLL represented the buyer, Hoffman & Hoffman, which serves the HVAC and building automation industries. Henry Lobb and Chris Skibinski of Avison Young represented the private seller in the transaction.

“Recent Charlotte industrial activity is encouraging and we’re starting to see the market slowly, but steadily, ramping back up,” said Lobb. “This property received a lot of interest and shows that quality infill properties are in demand.”

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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