Adler Real Estate Partners Acquires Harris Ridge Business Park From Hamilton EQ For $25.5M

The industrial property involved in the transaction is located at 6125 Lakeview Road in Charlotte, NC. It has a total square footage of 160,355 and was sold for $25,500,000, equating to a price per square foot of $159. The asset type is categorized as industrial, and it is currently 59% leased.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $25,500,000
• Address: 6125 Lakeview Road
• Market: Charlotte, NC
• Square Footage: 160,355
• Price per Square Foot: $159
• Buyer: Adler Real Estate Partners
• Seller: Hamilton EQ
• Broker: Trinity Partners

An affiliate of Adler Real Estate Partners acquired Harris Ridge Business Park in a transaction managed by Trinity Partners on behalf of the buyer. In a noteworthy detail, the property was flipped from Hamilton EQ, which had purchased it for $20 million in 2020.