Equus Capital Partners Acquires Greylyn Business Park In Charlotte For $102 Million

The property involved in this sale is an industrial asset located at 9101 Monroe Road and 9535 Monroe Road in Charlotte, NC. The transaction was completed for a total sale price of $102,000,000. The asset encompasses a total square footage of 648,060, with a price per square foot of $157. The property is a flex industrial campus that is currently 93% leased, housing a total of 91 tenants.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $102,000,000
• Square Footage: 648,060
• Price per Square Foot: $157
• Buyer: Equus Capital Partners
• Seller: Weston Inc.
• Market: Charlotte, NC
• Brokers: Tim Feron, Laura Brestelli & Tucker Scaringe - Equus Capital Partners

This transaction marks a significant acquisition for Equus Capital Partners, who purchased the Greylyn Business Park at a notable premium over its previous sale in 2015. The involvement of multiple brokers from Equus Capital Partners facilitated the acquisition process.