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7901 Indlea Pt

Nathaniel Hagedorn Of NorthPoint Development Acquires Industrial Asset In Greensboro For $19.05M
SOLDIndustrial

Nathaniel Hagedorn Of NorthPoint Development Acquires Industrial Asset In Greensboro For $19.05M

7901 Indlea Pt

$19,050,000

$90/SF

Building Size

210,600 SF

Asset Type

Industrial

Closing

Nov 26, 2025

AI

The property involved in this transaction is located at 7901 Indlea Pt in Greensboro, NC. It is classified as an industrial asset, comprising a total square footage of 210,600. The sale price for this property was $19,050,000, translating to a price per square foot of $90.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $19,050,000
  • Square Footage: 210,600
  • Address: 7901 Indlea Pt
  • Market: Greensboro, NC
  • Buyer: Nathaniel Hagedorn - NorthPoint Development
  • Seller: ProKidney
  • Broker: Cushman & Wakefield

Nathaniel Hagedorn represents NorthPoint Development in this transaction. The deal involved the acquisition of the 73 Business Center from the biotech firm ProKidney, facilitated by Cushman & Wakefield as the brokerage firm handling the sale.

Players

ND
NorthPoint DevelopmentBuyer

Colfax Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.83%

Cash-on-Cash

-0.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93