Sundar Pichai Of Google Leases 729,872 Square Feet Industrial Space From Hudson Capital Properties
1894 Old Beatty Ford Road
Building Size
729,872 SF
Asset Type
Industrial
Closing
Apr 27, 2026
AI
The asset involved in this transaction is an industrial building located at 1894 Old Beatty Ford Road in Kannapolis, N.C. The property comprises a total of 729,872 square feet, providing a significant space for industrial operations. It is owned by Hudson Capital Properties.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 1894 Old Beatty Ford Road
- Market: Kannapolis, N.C.
- Landlord: Hudson Capital Properties
- Tenant: Sundar Pichai - Google
In this lease transaction, Sundar Pichai, representing Google, has secured an extensive lease for the entire building. Hudson Capital Properties acts as the landlord in this agreement.
Players
China Grove Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93