HFF Sells 232,000 SF Charlotte Industrial Property


6100 HarrisHolliday Fenoglio Fowler, L.P. has announced the sale of a 232,000-square-foot, Class A, fully occupied distribution warehouse at 6100 Harris Technology Boulevard in Charlotte, North Carolina.

The HFF team represented the seller, Sun Life Financial / Bentall Kennedy. Hartz Mountain Industries, Inc. purchased the asset.

The front-load distribution warehouse has been institutionally owned and maintained since it was completed in 1994 and features 24-foot clear heights, truck courts up to 170 feet, 34 loading doors and an ESFR sprinkler system. Additionally, the multi-tenant building is fully leased to three tenants, including Iron Mountain, which accounts for 72 percent of the building’s square footage. Situated on 14.36 acres within Northwoods Business Park along the Interstate 77 corridor in Charlotte’s North submarket, 6100 Harris Technology Boulevard is in a last-mile location that is approximately 10 miles from Uptown Charlotte, the area’s largest commercial hub. The property has distribution capabilities via Interstate 77, one of Charlotte’s main north-south arteries, that provides access to major transportation thoroughfares, including Interstates 40, 485 and 85, which is considered the “industrial backbone” of the Southeast.

The HFF investment advisory team representing the seller consisted of senior managing directors Chris Norvell and Ryan Clutter and director Patrick Nally.

Categories : Charlotte

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