Luke J. Petherbridge Of Link Logistics Real Estate Acquires 559,750 SF Industrial Property In Huntersville
12801 Jamesburg Drive
Building Size
559,750 SF
Asset Type
Industrial
Closing
Aug 12, 2026
AI
The asset involved in this transaction is an industrial property located at 12801 Jamesburg Drive in Huntersville, NC. The property encompasses a total square footage of 559,750 and sits on 60.98 acres. At the time of the acquisition, the property was fully leased.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Square Footage: 559,750
- Acres: 60.98
- Market: Huntersville, NC
- Buyer: Luke J. Petherbridge - Link Logistics Real Estate
- Broker: Cushman & Wakefield
Link Logistics, represented by Luke J. Petherbridge, successfully acquired the property as part of an expansion of its Charlotte footprint, which totals approximately 10 million square feet. Cushman & Wakefield facilitated the brokerage of this transaction.
Players
Huntersville 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93