TA Realty Acquires Industrial Property On Cordage St In Charlotte, NC For $37M

The industrial property located at 11540 Cordage St in Charlotte, NC has been sold in a recent transaction. The property spans a total area of 212,000 square feet and was acquired by TA Realty from the seller, Childress Klein. The sale price for this transaction amounted to $37,000,000, resulting in a price per square foot of $175.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $37,000,000
• Address: 11540 Cordage St, Charlotte, NC
• Market: Charlotte, NC
• Buyer: TA Realty
• Seller: Childress Klein
• Brokers: Patrick Gildea, Matt Smith, Anne Johnson, Bryan Crutcher, Grayson Hawkins, Robert Hardaway, Frank Fallon & Trey Barry - CBRE
• Square Footage: 212,000
• Price per Square Foot: $175

The sale of this industrial property was facilitated by the brokerage team comprising Patrick Gildea, Matt Smith, Anne Johnson, Bryan Crutcher, Grayson Hawkins, Robert Hardaway, Frank Fallon, and Trey Barry from CBRE.