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

Property Image
SOLD
$1,500,000

North Carolina

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Industrial67,500 SF
Sold 12/20/2023
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Property Image
SOLD

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

3500 North O'henry Boulevard

See Similar Deals
Industrial67,500 SF
Sold 12/20/2023

Summary

NORTH CAROLINA
Asset Type:Industrial
Price Per Square Foot:$22
Total Square Footage:67,500 SF
Transaction Type:Sale

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.

Players

BUYER

Details

SOLD
IMAGE: Randy Primrose DATE: 12/20/2023 ADDRESS: 3500 North O'henry Boulevard MARKET: Greensboro, NC ASSET TYPE: Industrial ~ ACRES: 5.03 BUYER: Randy Primrose - Magnolia Properties SELLER: NC Candle Holdings LLC SALE PRICE: $1,500,000 SF: 67,500 ~ PPSF: $22 NOTE: A Greensboro industrial building spanning 67,500 square feet, located at 3500 O'Henry Blvd. within Brown Industrial Park, has been sold for $1.5 million.

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