CHARLOTTE—Marking one of the largest industrial sales in the Southeast in recent years, Prologis just made a big move in Charlotte. The industrial real estate owner and operator snapped up a 252,206-square-foot portfolio near the Charlotte Douglas International Airport in North Carolina.

Erik Foster and Mike Wilson of Avison Young's National Industrial Capital Markets Group, in coordination with Chris Skibinski, who leads Avison's industrial efforts in Charlotte, brokered the sale. Avison represented the seller, institutional developer Sykes Industrial Solutions.

"This is a perfect example of our principal-led culture at Avison Young properly aligning brokerage resources in order to bring such a unique asset to the market,” Foster, practice leader of Avison's Industrial Capital Markets Group, tells GlobeSt.com. “This portfolio provides a tremendous opportunity for the new owner to invest in two high quality distribution facilities with the potential for improving cash flow through additional leasing.”

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