Abmar Investments Acquires Maplecrest Industrial Center In Charlotte From Hipp Investments For $12.6M

The property asset involved in this transaction is located at 2725 & 2905 Westinghouse Boulevard in the Charlotte, NC market. This industrial asset spans across 7.6 acres with a total square footage of 63,200. The sale price for this transaction was $12,600,000, resulting in a price per square foot of $199.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $12,600,000
• Address: 2725 & 2905 Westinghouse Boulevard
• Market: Charlotte, NC
• Acres: 7.6
• Square Footage: 63,200
• Price per Square Foot: $199
• Buyer: Abmar Investments
• Seller: Hipp Investments
• Broker Representatives: Alex Olofson & Grant Keyes - Stream Realty Partners

A private investor affiliated with Abmar Investments has acquired the Maplecrest Industrial Center located in southwest Charlotte. This transaction involved significant representation by Alex Olofson and Grant Keyes from Stream Realty Partners, who facilitated the deal on behalf of the respective parties.