Randy Primrose's Magnolia Properties Acquires Industrial Building In Greensboro For $1.5M

An industrial building spanning 67,500 square feet located at 3500 O'Henry Blvd. within Brown Industrial Park in Greensboro, NC has been sold for $1.5 million. The property, situated on 5.03 acres, was purchased by Randy Primrose of Magnolia Properties from NC Candle Holdings LLC. The sale price equates to $22 per square foot.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $1,500,000
• Square Footage: 67,500
• Address: 3500 North O'Henry Boulevard, Greensboro, NC
• Market: Greensboro, NC

This transaction involved Randy Primrose of Magnolia Properties as the buyer and NC Candle Holdings LLC as the seller. The purchase of the industrial building signifies Primrose's investment in the property and will likely contribute to the growth of the Greensboro industrial market.