Ian Konowitch Of Strata Industrial Partners Acquires Industrial Park In High Point For $25M

The Enterprise Industrial Park, located at 317, 320, 325, 328, 329, and 336 Habersham Road in High Point, NC, is an industrial property encompassing 223,776 square feet. It has been sold for $25,000,000, which equates to approximately $112 per square foot. The property features 11 buildings and is over 95% leased to 25 tenants.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $25,000,000
• Square Footage: 223,776
• Address: 317, 320, 325, 328, 329, and 336 Habersham Road
• Market: High Point, NC
• Price Per Square Foot: $112
• Buyer: Ian Konowitch - Strata Industrial Partners
• Seller: The Charis Companies
• Brokers: Colliers

Colliers facilitated the transaction, indicating their role in brokering the sale while Cushman & Wakefield is involved as the leasing agent for the property. This collaborative effort supports the management of the industrial asset's leasing operations.