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Cabot Properties Acquires Industrial Property In Huntersville, NC From Selwyn Property Group For $13.5M

Property Image
SOLD
$13,500,000

North Carolina

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Industrial104,700 SF
Sold 08/30/2022
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Property Image
SOLD

Cabot 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 Deals
Industrial104,700 SF
Sold 08/30/2022

Summary

NORTH CAROLINA
Asset Type:Industrial
Price Per Square Foot:$128
Total Square Footage:104,700 SF
Transaction Type:Sale

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.

Players

BUYER

Details

SOLD
IMAGE: 08/30/2022 ADDRESS: 11142 Statesville Rd MARKET: Huntersville, NC ASSET TYPE: Industrial BUYER: Cabot Properties SELLER: Selwyn Property Group BROKER: JLL SALE PRICE: $13,500,000 SF: 104,700 ~ PPSF: $129

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