Greenspring Realty Partners Acquires Industrial Asset From David Beddingfield For $1.2M In Charlotte NC

This industrial asset is located at 401 Lawton Road in Charlotte, NC. The sale price was $1,200,000 for a square footage of 6,040, resulting in a price per square foot of $198. The transaction was executed off market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,200,000
• Address: 401 Lawton Road
• Market: Charlotte, NC
• Square Footage: 6,040
• Price per Square Foot: $198
• Buyer: Greenspring Realty Partners
• Seller: David Beddingfield
• Brokers: Marc D. Smouha & David Salameh - Corepoint RE

CorePoint RE facilitated the deal, with Marc D. Smouha and David Salameh representing the seller in this transaction. This closing marks a successful engagement in the Charlotte industrial market.