Link Logistics Acquires Industrial Property In Charlotte From KBS Realty Advisors For $81.2M

The industrial property involved in this transaction is located at 11401 Granite Street in Charlotte, NC. The asset encompasses a total square footage of 496,723 with a sale price of $81,200,000, resulting in a price per square foot of $163.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $81,200,000
• Buyer: Link Logistics
• Seller: KBS Realty Advisors
• Sale Date: 05/08/2025
• Market: Charlotte, NC
• Square Footage: 496,723
• Price per Square Foot: $163

Link Logistics, the buyer in this transaction, is identified as Blackstone’s industrial real estate arm, which means they operate under the larger umbrella of Blackstone Group. KBS Realty Advisors is the seller in the deal, completing the transfer of the Crossroads Distribution Center to Link Logistics.