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Atlanta & Southeast  + Southeast  + Industrial  |  July 20, 2021
David Cohen
By: David Cohen

CBRE Brokers $49M Sale of South Carolina Distribution Center

CBRE has arranged the $48.5 million sale of the Carowinds Distribution Center, a Class A distribution center in Fort Mill, S.C.

Located at 355 Crestmont Drive in the Southwest submarket, the property is a 558,900-square-foot industrial building with 32-foot clear heights, 32 dock doors and on-site trailer parking. The facility is fully occupied by two tenants, Legrand and Sanmina.

Patrick Gildea, Trey Barry, Matt Smith and Grayson Hawkins of CBRE represented the seller, Hartz Mountain Industries, in the transaction. The buyer was Stoltz Real Estate Partners.

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CBRE’s Gildea

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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