National Kitchen & Bath Cabinetry Inc Purchases Industrial Property From Crescent Communities For $30M In Concord NC

The property asset involved in the transaction is an industrial facility located at 655 Pitts School Road Northwest, Concord, NC. The sale was finalized on February 13, 2026, for a total amount of $30,000,000. The facility offers a substantial square footage of 247,000 and is priced at approximately $121 per square foot.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $30,000,000
• Sale Date: February 13, 2026
• Address: 655 Pitts School Road Northwest
• Market: Concord, NC
• Square Footage: 247,000
• Price per Square Foot: $121
• Buyer: National Kitchen & Bath Cabinetry Inc
• Seller: Crescent Communities, AEW Capital Management
• Buyer's Representative: CBRE
• Seller's Representative: Whiteside Properties

The key individuals involved in this transaction include the buyer, National Kitchen & Bath Cabinetry Inc, and the seller, Crescent Communities, in partnership with AEW Capital Management. Representation for the buyer was provided by CBRE, while the seller was represented by Whiteside Properties.