Eaton Vance Acquires 798000 Sq Ft Industrial Warehouse In Statesville From Grandview Partners For $139M

The property asset involved in this transaction is an industrial site located at 192 Larkin Commerce Parkway in Statesville, NC. The sale, completed on May 30, 2025, involved a total area of 84.3 acres and a warehouse with a square footage of 798,000. The sale price was set at $139,000,000, translating to a price per square foot of $174.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $139,000,000
• Address: 192 Larkin Commerce Parkway
• Market: Statesville, NC
• Acres: 84.3
• Square Footage: 798,000
• Price Per Square Foot: $174
• Buyer: Eaton Vance
• Seller: Grandview Partners

Grandview Partners sold the warehouse, which was developed by The Keith Corp for Sherwin-Williams, marking the first project at Larkin Regional Commerce Park. The area had previously transitioned from residential plans to a large industrial park over a decade.