BELMONT, NC—Avison Young has completed the sale of a 124,213 square-foot distribution facility at 2100 The Oaks Parkway, here in the greater Charlotte industrial market.
Erik Foster and Mike Wilson of Avison Young's National Industrial Capital Markets Group, in coordination with Chris Skibinski, who leads Avison Young's industrial efforts in Charlotte, represented an institutional fund advisor in the sale to GCP Capital Group. Financial terms were not disclosed.
The building is fully-leased to Industrial Distribution Group, Inc. for use by its IDG USA LLC division, which specializes in the distribution of maintenance, repair and operations supplies to industrial customers.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
