{"id":1004304941,"date":"2019-03-04T02:21:57","date_gmt":"2019-03-04T10:21:57","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004304941"},"modified":"2025-02-28T00:04:23","modified_gmt":"2025-02-28T08:04:23","slug":"cbre-arranges-nc-industrial-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cbre-arranges-nc-industrial-sale\/","title":{"rendered":"CBRE Arranges NC Industrial Sale"},"content":{"rendered":"<div id=\"attachment_1004304950\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/fedex-mills-river-ext-1-e1551453878304.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004304950\" data-attachment-id=\"1004304950\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cbre-arranges-nc-industrial-sale\/fedex-mills-river-ext-1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/fedex-mills-river-ext-1-e1551453878304.jpg\" data-orig-size=\"1734,1299\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;8&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;NIKON D810&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1475578738&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;16&quot;,&quot;iso&quot;:&quot;200&quot;,&quot;shutter_speed&quot;:&quot;0.00125&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"FedEx Ground Terminal, Mills River, NC\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;FedEx Ground Terminal, Mills River, NC&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/fedex-mills-river-ext-1-e1551453878304.jpg?w=1024\" class=\"wp-image-1004304950 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/fedex-mills-river-ext-1-e1551453862808.jpg\" alt=\"\" width=\"300\" height=\"225\"><\/a><p id=\"caption-attachment-1004304950\" class=\"wp-caption-text\">FedEx Ground Terminal<\/p><\/div>\n<p>CBRE has brokered the $9 million sale of FedEx Ground Terminal, an 89,828-square-foot, build-to-suit asset in Mills River, N.C. CBRE Executive Vice Presidents Patrick Gildea and Randy Getz, Senior Associate Matt Smith and Senior Financial Analyst Grayson Hawkins worked on behalf of the sellers. The buyer was a Florida-based entity connected to Toth Realty.<\/p>\n<p>The property is located at 99 Broadpointe Drive, less than 2 miles from Asheville Regional Airport and adjacent to Highway 280, providing quick access to Highway 191 and interstates 26 and 40. Built in 2006, the terminal has been fully leased to FedEx Ground Package System ever since.<\/p>\n<p><em>\u201cIndustrial distribution continues to be the hottest product type for institutional investment in today\u2019s market, even in tertiary locations,\u201d <\/em>said Gildea in a prepared statement.<\/p>\n<p>The industrial sector is thriving across the U.S. and the Southeast is no stranger to nationwide trends, according to a recent&nbsp;<a href=\"https:\/\/www.commercialsearch.com\/news\/cbre-takes-pulse-of-southeastern-us-cre\/\">CBRE study of 18 cities<\/a>&nbsp;in the region.<\/p>\n<p><em>Image courtesy of CBRE<\/em><\/p>\n<p><em>If you\u2019d like to be featured in Brokers\u2019 Corner, send your deal to&nbsp;<strong><a href=\"mailto:deals@cpe-mhn.com\">deals@cpe-mhn.com<\/a><\/strong>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Executive Vice Presidents Patrick Gildea and Randy Getz, Senior Associate Matt Smith and Senior Financial Analyst Grayson Hawkins represented the sellers.<\/p>\n","protected":false},"author":748,"featured_media":1004304950,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21783,21742],"tags":[32789,33339,37867],"class_list":["post-1004304941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-latest","tag-cbre","tag-fedex","tag-patrick-gildea"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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