Lucern Capital Partners Acquires 55,000 SF Industrial Space In Mooresville For $7.8M

Lucern Capital Partners has expanded its Charlotte-area real estate portfolio with the acquisition of 55,000 square feet of flex industrial space in Mooresville's Crosslake Park. The property, located at 131 Crosslake Park Dr, was purchased for $7.8 million, resulting in a price per square foot of $142.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $7,800,000
• Square Footage: 55,000
• Address: 131 Crosslake Park Dr
• Market: Mooresville, NC

The acquisition was made by Frank Forte, Mark Callazzo, and David Hansel, representing Lucern Capital Partners. The deal marks a strategic move for the company as they continue to grow their real estate portfolio in the Charlotte area.