Trinity Capital Acquires 17.28 Acres In Charlotte From Graham Park Ventures For $6.15M

2241 Graham Park Drive is an industrial asset located in Charlotte, NC, which was sold for $6,150,000. The property encompasses 171,920 square feet and features a price per square foot of $36. The site spans 17.28 acres and is intended for the development of a Class A industrial spec project with outdoor storage.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $6,150,000
• Buyer: Trinity Capital
• Seller: Graham Park Ventures, LLC
• Brokers: Tom Tropeano, Chris Loyd & Gray Gaines - Avison Young
• Market: Charlotte, NC
• Square Footage: 171,920
• Price per Square Foot: $36

Trinity Capital, together with a Crow Holdings-advised fund, successfully acquired the site from Graham Park Ventures, LLC. This partnership indicates a focused investment in the Charlotte area, aiming to develop the Graham Park CLT project.