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Linic Freight Leases 152661 Square Feet At Eastside Logistics Center In Matthews From Silverman Group
LEASED
North Carolina
See Similar DealsIndustrial152,661 SF
Leased 03/25/2025
LEASED
Linic Freight Leases 152661 Square Feet At Eastside Logistics Center In Matthews From Silverman Group
10301 Monroe Road
See Similar DealsIndustrial152,661 SF
Leased 03/25/2025
Summary
NORTH CAROLINA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:152,661 SF
Transaction Type:Lease
The asset involved in the transaction is an industrial property located at 10301 Monroe Road, Matthews, NC. Linic Freight has secured a lease for 152,661 square feet at the Eastside Logistics Center, which was previously home to Family Dollar's headquarters. The lease secures the property for the landlord, Silverman Group, making the site fully leased.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 10301 Monroe Road
- Market: Matthews, NC
- Landlord: Silverman Group
- Tenant: Linic Freight
- Broker: Avison Young
Avison Young facilitated the leasing transaction between Silverman Group and Linic Freight, ensuring the property was fully leased following its prior use by Family Dollar. This transaction highlights the involvement of key players in the commercial real estate market in Matthews, NC, with a focus on the logistics sector.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$8,750,436.40
Total Lease Value
$87,504,363.98
Net Landlord Cash Flow$8,750,436.40
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