The building's owner, New York City-based Lexington Realty Trust, signed a lease with OHL, also based in Brentwood, for 471,000 square feet or 74% of the building space. Jeb Atkinson with ProVenture's Logistics Practice Group represented OHL in lease negotiations, while Ted Haley of Charlotte-based Lincoln Harris negotiated for the landlord.
"This deal marks thefirst location for OHL's Contract Logistics division in the Charlotte area," Atkinson tells GlobeSt.com, adding that the company also has a global freight management and logistics division office locally. ProVenture, which has handled more than 10 million square feet of transactions for OHL over the past year, considered other sites in the Midwest and Mid-Atlantic regions before deciding on the Statesville building.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
