Rosenberg USA Acquires 72,800 Square Foot MHH Business Center In Huntersville For $14.7M

The property asset involved in the transaction is an 8.6-acre industrial facility located at 11855 Mount Holly-Huntersville Road in Huntersville, NC. The sale price for the property was $14,700,000, and it encompasses a total area of 72,800 square feet, resulting in a price per square foot of $202.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $14,700,000
• Square Footage: 72,800
• Address: 11855 Mount Holly-Huntersville Road
• Market: Huntersville, NC
• Acres: 8.6
• Buyer: Rosenberg USA
• Seller: MHH Logistics
• Brokers: Brad Cherry, Jay Hill, Jaime Boast, Ross Howard & Rich Grieder - JLL
• Price Per Square Foot: $202

The deal was facilitated by a team of brokers from JLL, including Brad Cherry, Jay Hill, Jaime Boast, Ross Howard, and Rich Grieder. Rosenberg USA aims to consolidate its third-party logistics operations within this facility, which is expected to be ready for occupancy by Q1 2027, following the acquisition from MHH Logistics.