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JLL Closes Sale-Leaseback of Charlotte-Area Industrial Facility

Wilbert Plastic Services (WPS) executed a sale-leaseback with AIC Ventures for a 126,363-square-foot, single-tenant, fully leased manufacturing facility in the Charlotte-area community of Harrisburg, NC. The building will continue to be a mission-critical location for Wilbert Plastic Services, a thermoforming and injection molding company.

Situated on 15.64 acres at 7301 Caldwell Rd., the building is along the I-85 corridor, one of the premier distribution locations within the Charlotte market, and half an hour from the WPS headquarters and thermoforming facility in Belmont.

JLL’s Industrial Capital Markets team representing the seller in the long-term, absolute net lease included Pete Pittroff, Patrick Nally, Val Derrick and Dave Andrews.

Pittroff says, “Industrial demand remains strong in the Carolina’s markets, particularly for quality assets with quality tenants. This transaction led to a positive outcome for our client, and we would like to thank AIC Ventures for their efficient approach.”

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.