Cushman & Wakefield Arranges $32M Sale of New, Fully Leased Industrial Facility in Huntersville

Global real estate commercial real estate services firm Cushman & Wakefield has arranged the $32 million-sale of a newly built 159,492-square-foot Class A spec industrial facility within the Park at Huntersville in Huntersville, NC.

The facility has been fully pre-leased to Safeguard Medical, a provider of emergency medical products, technologies and skills training programs used by first responders and military personnel.

The facility was sold by a joint venture between Edgewater Ventures and an institutional equity partner and acquired by a private investor. Rob Cochran, Nolan Ashton, Bill Harrison and Josh McGee of Cushman & Wakefield represented the seller.

“This facility was a rare opportunity to acquire an irreplaceable core industrial asset in the booming Charlotte metro area that will have stable cash flow and be anchored by a prominent global medical supply tenant,” said Cochran.

The facility at 13359 Reese Boulevard offers 30-foot clear heights, 49 potential dock-high positions, 28 trailer parking spaces, 155 auto parking spaces and a 130-to-200-foot truck court.