Carolina Logistics Center & Tratt Properties Acquire Industrial Asset From Weston & Blue Vista Capital Management For $61.8M

The property involved in this transaction is located at 3300 Jim Thorpe Highway in Roxboro, NC. The asset is classified as an industrial facility, encompassing 930,250 square feet. The sale price for the property was set at $61,800,000, which translates to a price per square foot of $66.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $61,800,000
• Address: 3300 Jim Thorpe Highway
• Market: Roxboro, NC
• Square Footage: 930,250
• Price Per Square Foot: $66
• Buyer: Carolina Logistics Center & Tratt Properties
• Seller: Weston & Blue Vista Capital Management
• Brokers: James Ullrich, Michael Macchia, Riley Vaught & Ryan Vaught - Colliers

Colliers played a pivotal role in facilitating the sale of POLYWOOD's manufacturing and warehousing campus, enhancing the strategic interests of both the buyer and the seller in this transaction.