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3450 Hopson Road

William R. Crooker Of Stag Industrial Acquires Industrial Facility From Robert Scannell For $83M
SOLDIndustrial

William R. Crooker Of Stag Industrial Acquires Industrial Facility From Robert Scannell For $83M

3450 Hopson Road

$83,000,000

$244/SF

Building Size

340,200 SF

Asset Type

Industrial

Closing

Jan 2, 2026

AI

The property asset involved in this transaction is located at 3450 Hopson Road in the market of Durham, NC. This industrial asset was sold for $83,000,000. The facility encompasses a total area of 340,200 square feet, resulting in a price per square foot of $244.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $83,000,000
  • Buyer: William R. Crooker - Stag Industrial
  • Seller: Robert Scannell - Scannell Properties
  • Sale Date: 01/02/2026
  • Lease Tenant: Kuehne+Nagel

William R. Crooker, representing Stag Industrial, successfully acquired the industrial property from Robert Scannell, who represents Scannell Properties. The asset is part of Durham’s Triangle 55 industrial park and is currently fully leased to Kuehne+Nagel, confirming its operational status post-sale.

Players

Stag Industrial
Stag IndustrialBuyer
Scannell Properties
Scannell PropertiesSeller

Durham Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.19%

Cash-on-Cash

-0.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93