Equus Real Estate Sells NC Logistics Center for $33 Million

Equus Capital Partners, Ltd. has announced the sale of Carolina 85 Logistics Center, a spec-built 300,468-square-foot warehouse and distribution facility in Kings Mountain, NC., to an affiliate of Stoltz Real Estate Partners for $32.9 million. The building was 100 percent leased to two tenants at the time of sale.
Frank Fallon, Jose LoBon Trey Barry and Mike Hines from CBRE National Partners represented Equus in the transaction while Matt Treble Fermin Montes de Oca and Patrick McGrath from Cushman & Wakefield handled leasing duties for Equus on this asset located at 330 Woodlake Parkway on 23.7 acres with 32’ clear height , 40 dock doors , 55 trailer parking spaces as well as energy efficient features such as a heat load reducing TPO white membrane roofing system and LED high bay lighting .