1020 Ewm Owner LLC Acquires Industrial Property On East Whitaker Mill Road For $4.5M

The commercial property located at 1020 East Whitaker Mill Road in Raleigh, NC has been sold for a total price of $4,500,000. The property, a single-story building constructed in 1957, sits on a 1.3-acre lot and spans approximately 17,411 square feet. The transaction was completed on August 23, 2023.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $4,500,000
• Address: 1020 East Whitaker Mill Road, Raleigh, NC
• Market: Raleigh, NC
• Square Footage: 17,411
• Buyer: 1020 Ewm Owner LLC
• Seller: Whitakermill 1020 LLC

The buyer, 1020 Ewm Owner LLC, has acquired the property from Whitakermill 1020 LLC. This transaction marks the transfer of ownership of the commercial property and highlights the involvement of these two entities in the deal. The purchase of this property adds to the buyer's real estate portfolio and presents them with potential opportunities for further development or leasing.