IDI Logistics Acquires Huntersville 77 Logistics Center From Seefried Industrial Properties For $27.6M

ID Logistics acquired a 197,206-sf industrial property located at 12021 Mount Holly Huntersville Road in Huntersville, NC for $27.6 million. The facility, known as Huntersville 77 Logistics Center, features 36-foot clear heights and 42 dock doors. Its proximity to Charlotte-Douglas Airport is notable, as it is adjacent to IDI's previous property of 154,388-sf, completed earlier in the year.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $27,600,000
• Address: 12021 Mount Holly Huntersville Road
• Market: Huntersville, NC
• Square Footage: 197,206
• Price Per Square Foot: $140
• Buyer: IDI Logistics
• Seller: Seefried Industrial Properties

The transaction involved IDI Logistics as the buyer and Seefried Industrial Properties as the seller. This acquisition is part of IDI's strategy to expand its logistics capabilities in the region.