Deal Summary
Property: Carolinas Distribution Center (CDC)
Address: 1053 Shotwell Road in Clayton, NC
Price: $61.25 million, or about $54 per square foot
Size: four-building property totals more than 1.1 million square feet of high-end distribution and cold storage space
Year Built: 1998
Buyer: Crown West Realty, a subsidiary of New York-based Petrus Partners
Seller: Fulcra Enterprises and JER Partners.
Brokerage: Robert Cochran of Colliers Pinkard represented the seller in the transaction. Colliers Pinkard was retained to handle leasing and management at the property.
Source:Crown West Pays $61M for Carolinas Dist. Center - CoStar Group
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