Hoffman & Hoffman Inc. Acquires Industrial Facility From Crescent Communities For $23.5M In Greensboro

An industrial facility located at 7915 Triad Center Drive in Greensboro, NC, was sold for $23,500,000. The property has a total area of 173,280 square feet. It includes 2,804 square feet of office space, 171 parking spots, a clear height of 32 feet, and features 47 dock doors.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $23,500,000
• Square Footage: 173,280
• Address: 7915 Triad Center Drive
• Market: Greensboro, NC
• Buyer: Hoffman & Hoffman Inc.
• Seller: Crescent Communities
• Broker Representatives: Jason Ofsanko & Jordan Mitchell - Cushman & Wakefield

Crescent Communities sold the AXIAL Liberty Commerce property, with Cushman & Wakefield acting as the representative for the seller in this transaction. The broker representatives involved were Jason Ofsanko and Jordan Mitchell.