Amazon Leases 449069 Square Foot Industrial Facility From Crescent Communities And Fortius Capital Partners In Charlotte

The asset involved in the transaction is an industrial property located at 500 Rhyne Road, Charlotte, NC. The property encompasses a total square footage of 449,069 and is classified as an industrial facility. It is specifically designated for use as a same-day delivery center.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 500 Rhyne Road
• Market: Charlotte, NC
• Landlord: Crescent Communities & Fortius Capital Partners
• Tenant: Amazon

This transaction involved Amazon leasing the entire facility, which will serve as a logistics center to facilitate rapid deliveries. The involvement of Crescent Communities and Fortius Capital Partners as landlords highlights their role in providing the space necessary for Amazon's operations in the area.