CHARLOTTE, NC-Crossroad Distribution Center is filling up fast. With its latest deal, the Charlotte-based industry property is 95% occupied. Newport Beach, CA-based KBS Realty Advisors inked a new 26,933-square-foot lease with Cosentino North America at its 496,347-square-foot asset in one of Charlotte’s premiere industrial corridors.

Scott Hensley of Piedmont Properties/CORFAC International in Charlotte represented Cosentino North America. Barb Jespersen and Lane Holbert in Cassidy Turley’s Charlotte office represented KBS.

“Charlotte’s industrial market has improved in the past few months with more new tenants entering the space,” Robin Burke, senior vice president and asset manager at KBS, tells GlobeSt.com. “This deal is representative of the positive industrial absorption we have seen in Charlotte over the past two quarters.”

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