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TA Realty Acquires Industrial Property On Cordage St In Charlotte, NC For $37M

11540 Cordage Street
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This Industrial property located in NC was sold for $37,000,000 over 1 year ago. The brokers of the deal were Bryan Crutcher, Patrick Gildea, Matt Smith, Anne Johnson, Grayson Hawkins, Robert Hardaway, Frank Fallon, and Trey Barry

The industrial property located at 11540 Cordage St in Charlotte, NC has been sold in a recent transaction. The property spans a total area of 212,000 square feet and was acquired by TA Realty from the seller, Childress Klein. The sale price for this transaction amounted to $37,000,000, resulting in a price per square foot of $175.

Summary of transaction details

The sale of this industrial property was facilitated by the brokerage team comprising Patrick Gildea, Matt Smith, Anne Johnson, Bryan Crutcher, Grayson Hawkins, Robert Hardaway, Frank Fallon, and Trey Barry from CBRE.

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Deals
  • Location
    11540 Cordage Street, Charlotte, North Carolina 28273, United States11540 Cordage Street, Charlotte, North Carolina 28273, United States
  • Sale Price
    $37,000,000$37,000,000
    $174 PPSF$174 PPSF
  • Area
    212,000 SF212,000 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    8 Brokers, 1 Agency8 Brokers, 1 Agency

Agents

Robert Hardaway

Robert Hardaway

Deals5
Sold$95.7M

Bryan Crutcher

Bryan Crutcher

Deals2
Sold$42.6M

Anne Johnson

Anne Johnson

Deals2
Sold$42.6M

Trey Barry

Trey Barry

Deals8
Sold$592.7M

Frank Fallon

Frank Fallon

Deals9
Sold$564.5M

Patrick Gildea

Patrick Gildea

Deals11
Sold$272.7M

Matt Smith

Matt Smith

Deals10
Sold$239.4M

Grayson Hawkins

Grayson Hawkins

Deals10
Sold$239.4M

Agency

CBRE

CBRE

Agency
Deals4233
Volume$184.3B

Deal Summary

SALE IMAGE: Patrick Gildea, Matt Smith, Anne Johnson, Bryan Crutcher, Grayson Hawkins, Frank Fallon & Trey Barry DATE: 06/29/2022 ADDRESS: 11540 Cordage St MARKET: Charlotte, NC ASSET TYPE: Industrial BUYER: TA Realty SELLER: Childress Klein BROKERS: Patrick Gildea, Matt Smith, Anne Johnson, Bryan Crutcher, Grayson Hawkins, Robert Hardaway, Frank Fallon & Trey Barry - CBRE SALE PRICE: $37,000,000 SF: 212,000 ~ PPSF: $175

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11540 Cordage Street

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