LM Real Estate Partners Acquires Industrial Property In Mooresville NC For $48 Million

LM Real Estate Partners purchased a 237,734 square-foot industrial property located at 105 Corporate Center Drive in Mooresville, NC, for $48 million. The property was sold by Atlanta Property Group, and the sale resulted in a price per square foot of $202.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $48,000,000
• Address: 105 Corporate Center Drive
• Market: Mooresville, NC
• Square Footage: 237,734
• Price per Square Foot: $202
• Buyer: LM Real Estate Partners
• Seller: Atlanta Property Group
• Broker: JLL Capital Markets

JLL Capital Markets facilitated the transaction between LM Real Estate Partners and Atlanta Property Group, highlighting the roles of the involved companies in executing this closed deal.