Rock Hill Commerce Heart. Picture courtesy of JLL
Strategic Capital Companions has bought Rock Hill Commerce Heart Section I in metropolitan Charlotte, N.C., with the help of JLL. A MetLife Funding Administration consumer acquired the 2 absolutely leased belongings totaling 792,081 sq. toes.
The 294,092-square-foot Constructing A and the 497,989-square-foot Constructing B are a part of a two-phase improvement taking form on 80 acres in Rock Hill, S.C. As soon as full, Rock Hill Commerce Heart will function 4 services totaling 1,039,361 sq. toes.
The developer had secured some $60 million in financing for the undertaking from The Sherbert Group in 2020. The event is a design/construct of Growth and Development Perception LLC; ARCO Development Co. Inc. serves as its basic contractor.
Two industrial belongings close to Charlotte
Positioned at 2501 David Hutchison Highway, Constructing A options rear-loading doorways and a 32-foot clear peak, in keeping with CommercialEdge knowledge. The constructing is absolutely leased to Energy Approach North America LLC, a division of Atlas Copco AB.
That includes 36-foot clear heights, Constructing B was constructed with a cross-dock configuration. The asset at 2601 David Hutchison Highway is absolutely occupied by Logistics Plus.
Tenants of Rock Hill Commerce Heart have easy accessibility to the bigger Southeast area by way of their proximity to Interstate 77. The Norfolk Southern CLT Intermodal Terminal and the Charlotte Douglas Worldwide Airport are lower than 30 miles from the property.
JLL Capital Markets Senior Managing Administrators Patrick Nally and Pete Pittroff, together with Director Dave Andrews and Affiliate Michael Scarnato, represented Strategic Capital Companions within the deal.
