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Sagard Real Estate Purchases 123200 Square Foot Industrial Building From AEW Capital Management For $16M

Property Image
SOLD
$16,000,000

North Carolina

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Industrial123,200 SF
Sold 11/21/2025
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Property Image
SOLD

Sagard Real Estate Purchases 123200 Square Foot Industrial Building From AEW Capital Management For $16M

13501 South Ridge Drive

See Similar Deals
Industrial123,200 SF
Sold 11/21/2025

Summary

NORTH CAROLINA
Asset Type:Industrial
Price Per Square Foot:$129
Total Square Footage:123,200 SF
Transaction Type:Sale

Sagard Real Estate has acquired an industrial asset located at 13501 South Ridge Drive in Charlotte, NC. The property spans 8.6 acres and consists of a 123,200-square-foot building. The transaction was completed for a total of $16 million, resulting in a price per square foot of $130.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $16,000,000
  • Address: 13501 South Ridge Drive
  • Market: Charlotte, NC
  • Square Footage: 123,200
  • Price per Square Foot: $130
  • Buyer: Sagard Real Estate
  • Seller: AEW Capital Management

The transaction involved Sagard Real Estate as the buyer, purchasing the property from an affiliate of AEW Capital Management. This strategic acquisition adds significant industrial space to Sagard Real Estate's portfolio in the Charlotte market.

Players

BUYER

Details

SOLD
IMAGE: 11/21/2025 ADDRESS: 13501 South Ridge Drive MARKET: Charlotte, NC ASSET TYPE: Industrial ~ ACRES: 8.6 BUYER: Sagard Real Estate SELLER: AEW Capital Management SALE PRICE: $16,000,000 SF: 123,200 ~ PPSF: $130 NOTE: Sagard Real Estate acquired a 123,200-square-foot industrial building at 13501 South Ridge Drive in Charlotte, N.C., for $16 million from an AEW Capital Management affiliate.

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