American Eagle Outfitters Leases 472,890 Square Feet At Crow Holdings In Salisbury For $41 Million

1415 Peeler Road

Building Size

472,890 SF

Asset Type

Industrial

Closing

Jul 20, 2026

AI

The property involved in the transaction is an industrial asset located at 1415 Peeler Road in Salisbury, NC, with a total square footage of 472,890. It is part of Crow Holdings' Innovation Logistics Center.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $41 million
Landlord: Michael Levy - Crow Holdings
Tenant: Jay L. Schottenstein - American Eagle Outfitters
Brokers: Fermin Montes de Oca, Matt Treble, Patrick Decker, Ben Brenner, Mark Zaziski & Patrick McGrath - Cushman & Wakefield

This transaction marks a strategic move for American Eagle Outfitters, which will be establishing a Southeast distribution hub within the leased space. The operations are set to begin in early 2027, and it is anticipated that this hub will create more than 200 jobs in the area.