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Atlanta & Southeast  + Carolinas  + Industrial  | 
Northmarq’s Tulsa commercial investment sales office arranged the sale of a 387,303-square-foot distribution facility in Lumberton, NC

Northmarq Brokers Class-A NC Industrial Sale

Senior Vice President Brad Pepin and Senior Associate Jonathan Thompson in Northmarq’s Tulsa commercial investment sales office arranged the sale of a 387,303-square-foot distribution facility in Lumberton, NC. The single-tenant industrial asset is 100-percent leased to Elkay Plumbing Products Company. Northmarq represented the seller, an Atlanta-based developer. The buyer was an individual investor based in California.

“As we marketed this newly constructed Class-A build-to-suit for our seller, we were thrilled by the market response overall,” said Pepin. “This net leased asset boasts of its quality construction, lease, tenant and location – all contributing to finding the right private investor who met our seller’s objectives.”

Situated on almost 50 acres, the facility is strategically located at the intersection of Interstate 95 and 74. The new build-to-suit facility is one of Elkay’s mission-critical locations. It’s Elkay’s second location in Lumberton and roughly three times larger than their current facility. 

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About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

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