The Becker Organization Acquires 120000 SF Industrial Building In Salisbury For $8.7M

An industrial property located at 175 Circle M Drive in Salisbury, NC, has been sold for $8.7 million. The asset encompasses 120,000 square feet and is fully leased to Westlake Royal Building Products.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $8,700,000
• Sale Date: 04/07/2025
• Market: Salisbury, NC
• Price per Square Foot: $73
• Buyer: The Becker Organization
• Seller: Affiliated with First Industrial B & L LLC
• Brokers: Allan Parrott, Dave Andrews, Michael Scarnato & Pete Pittroff - JLL

The transaction highlights key representatives from JLL who facilitated the deal, ensuring a smooth process for The Becker Organization and the seller, thereby demonstrating their effectiveness in managing commercial real estate transactions.