{"id":1004154036,"date":"2016-09-30T02:05:12","date_gmt":"2016-09-30T10:05:12","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004154036"},"modified":"2020-05-17T23:49:58","modified_gmt":"2020-05-18T07:49:58","slug":"nc-industrial-asset-changes-hands-for-28m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nc-industrial-asset-changes-hands-for-28m\/","title":{"rendered":"NC Industrial Asset Changes Hands for $28M"},"content":{"rendered":"

by Adelina Osan, Associate Editor<\/em><\/p>\n

Durham, N.C.<\/strong>\u2014HFF<\/a> recently closed the sale of a 453,788-square-foot, Class A industrial complex in Durham, N.C. Philadephia-based Stoltz Real Estate Partners<\/a> acquired the Whilden Industrial Centre for $28 million.<\/p>\n

\"Whilden<\/a>

Whilden Industrial Centre<\/p><\/div>\n

Located at 2525 & 2532 Whilden Drive, Whilden Industrial Centre comprises two warehouse buildings that feature 22\u2019 to 30\u2019 clear heights, 40\u2019 by 40\u2019 column spacing and 150\u2019 to 160\u2019 deep truck courts with 65\u2019 concrete aprons. The property was 100 percent leased at the time of the announcement.<\/p>\n

Home to Kuehne + Nagel, Genband and Guardian Logistics, the buildings are positioned on 34.5 acres along Highway 55 with direct access to interstates 40 and 85 via Highway 147. The asset is located in the Research Triangle Park\/Interstate 40 area, Raleigh-Durham\u2019s largest submarket.<\/p>\n

Senior Managing Director Chris Norvell led the HFF investment sales team representing the undisclosed seller.<\/p>\n

\u201dThe Raleigh-Durham market continues to be one of the most active in the Carolinas for industrial investment sales, and investor appetite is particularly strong for Class A product in the RTP\/I-40 Corridor and East Wake submarkets,\u201d said Norvell in prepared remarks.<\/p>\n

Image courtesy of HFF<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

In a deal facilitated by HFF, Stoltz Real Estate Partners acquired the two-building Whilden Industrial Centre located in the Research Triangle Park. <\/p>\n","protected":false},"author":735,"featured_media":1004154037,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21742,1604],"tags":[],"class_list":["post-1004154036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-latest","category-raleigh-durham"],"acf":[],"yoast_head":"\nNC Industrial Asset Changes Hands for $28M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/nc-industrial-asset-changes-hands-for-28m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NC Industrial Asset Changes Hands for $28M\" \/>\n<meta property=\"og:description\" content=\"In a deal facilitated by HFF, Stoltz Real Estate Partners acquired the two-building Whilden Industrial Centre located in the Research Triangle Park.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/nc-industrial-asset-changes-hands-for-28m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-09-30T10:05:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-18T07:49:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/09\/Whilden-Industrial-Centre.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1240\" \/>\n\t<meta property=\"og:image:height\" content=\"588\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adelina Osan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nc-industrial-asset-changes-hands-for-28m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/nc-industrial-asset-changes-hands-for-28m\/\",\"name\":\"NC Industrial Asset Changes Hands for $28M - 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