Cabot Properties Acquires Industrial Property In Huntersville, NC From Selwyn Property Group For $13.5M
North Carolina
See Similar DealsCabot Properties Acquires Industrial Property In Huntersville, NC From Selwyn Property Group For $13.5M
11142 Statesville Road, Huntersville, North Carolina 28078, United States
See Similar DealsSummary
Located at 11142 Statesville Rd in Huntersville, NC, this industrial property was recently sold in a transaction on August 30, 2022. Spanning across 104,700 square feet, the property was acquired by Cabot Properties from Selwyn Property Group for a total price of $13,500,000. This equates to a price per square foot of $129, highlighting the value of the asset in this market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $13,500,000
- Square Footage: 104,700
- Price per Square Foot: $129
- Address: 11142 Statesville Rd, Huntersville, NC
- Buyer: Cabot Properties
- Seller: Selwyn Property Group
- Broker: JLL
JLL, acting as the broker in this transaction, facilitated the deal between the buyer, Cabot Properties, and the seller, Selwyn Property Group. This successful sale reflects a strategic move in the industrial market, with both parties recognizing the value and potential of this property in Huntersville, NC.
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