Mooresville Industrial Park Trades for $135M
A Blackstone affiliate sold the North Charlotte Commerce Center in Mooresville to CBRE Investment Management for $135 million. The Charlotte Business Journal reports the deal was part of a 2.3-million-square-foot portfolio sale that also included industrial parks in two other…
A Blackstone affiliate sold the North Charlotte Commerce Center in Mooresville to CBRE Investment Management for $135 million. The Charlotte Business Journal reports the deal was part of a 2.3-million-square-foot portfolio sale that also included industrial parks in two other…
BELLINGS Intelligence Score: 12
Why it matters
This is a routine commercial real estate portfolio sale involving established market players with no novel structure or systemic implications, thus representing ordinary market activity.
Sources
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Mooresville Industrial Park Trades for $135M
A Blackstone affiliate sold the North Charlotte Commerce Center in Mooresville to CBRE Investment Management for $135 million. The Charlotte Business Journal reports the deal was part of a 2.3-million-square-foot portfolio sale that also included industrial parks in two other…