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11920 Vanstory Drive

Blackstone Acquires Industrial Property From Cabot Properties In Huntersville For $24 Million
SOLDIndustrial

Blackstone Acquires Industrial Property From Cabot Properties In Huntersville For $24 Million

11920 Vanstory Drive

$24,000,000

$142/SF

Building Size

168,480 SF

Asset Type

Industrial

Closing

Nov 25, 2025

AI

A 168,480-square-foot industrial building was sold for $24 million at 11920 Vanstory Drive in Huntersville, NC. The price per square foot is approximately $142. The asset is categorized as industrial within the local market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $24,000,000
  • Buyer: Blackstone
  • Seller: Franz F. Colloredo-Mansfeld - Cabot Properties
  • Sale Date: 11/25/2025
  • Location: Huntersville, NC
  • Square Footage: 168,480
  • Price Per Square Foot: $142

A Blackstone affiliate was involved in this transaction, acquiring the property from Cabot Properties, represented by Franz F. Colloredo-Mansfeld. The transaction reflects ongoing interest in the industrial sector within the Huntersville market.

Players

Blackstone
BlackstoneBuyer

Franz F. Colloredo-Mansfeld

Cabot Properties

Seller

$536.7M

vol

12 deals

Seller
Cabot Properties
Cabot PropertiesSeller

Huntersville Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.66%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93