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Link Logistics Acquires Charlotte Intermodal Logistics Center From The Silverman Group For $49.5M

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SOLD
$49,500,000

North Carolina

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Industrial420,000 SF
Sold 10/15/2025
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Property Image
SOLD

Link Logistics Acquires Charlotte Intermodal Logistics Center From The Silverman Group For $49.5M

10137 Horton Road

See Similar Deals
Industrial420,000 SF
Sold 10/15/2025

Summary

NORTH CAROLINA
Asset Type:Industrial
Price Per Square Foot:$117
Total Square Footage:420,000 SF
Transaction Type:Sale

The property asset involved in this transaction is the Charlotte Intermodal Logistics Center, an industrial facility located at 10137 Horton Road in Charlotte, NC. It was sold for $49,500,000, equating to a price per square foot of approximately $117.86. The asset encompasses a total square footage of 420,000 and is positioned near Charlotte-Douglas International Airport.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $49,500,000
  • Address: 10137 Horton Road
  • Market: Charlotte, NC
  • Square Footage: 420,000
  • Price per Square Foot: $117.86
  • Buyer: Link Logistics
  • Seller: The Silverman Group

This transaction involved Link Logistics acquiring the Charlotte Intermodal Logistics Center from The Silverman Group. Notably, the property had recently lost its main tenant, MAT Holdings, which vacated the facility in July to move to Gastonia.

Players

BUYER

Details

SOLD
IMAGE: 10/15/2025 ADDRESS: 10137 Horton Road MARKET: Charlotte, NC ASSET TYPE: Industrial BUYER: Link Logistics SELLER: The Silverman Group SALE PRICE: $49,500,000 SF: 420,000 ~ PPSF: $118 NOTE: Link Logistics has acquired the 420,000-sf Charlotte Intermodal Logistics Center in Charlotte, N.C., for $49.5 million ($117.86/sf) from The Silverman Group. The five-year-old property, near Charlotte-Douglas International Airport, lost its largest tenant, MAT Holdings, which relocated to Gastonia in July.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$175,863.04
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