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TRIAD COMMERCIAL COMPLETES TWO INDUSTRIAL SALES TOTALING $38.1 MILLION
Monday, March 8, 2010
Carolinas Commercial Properties
RURAL HALL AND KINGS MOUNTAIN, N.C. -- Triad Commercial Properties in has brokered two industrial sales for a total of $38.1 million. The first transaction consisted of the sale of a 930,451-square-foot distribution center located at 521 Northridge Park Drive in Rural Hall. Blue Bell, Pa.-based Capital Solutions Inc. acquired the building for $23.5 million.
The second transaction involved the sale of two industrial buildings located at 219 Commerce Blvd. and 705 Canterbury Road in Kings Mountain. Bala Cynwyd, Pa.-based Stoltz Realty of Delaware Inc. purchased the buildings for $14.6 million. Hap Royster, John Schultz and William Woltz of Triad Commercial Properties represented the seller, Winston-Salem, N.C.-based Hanesbrands Inc., in both deals.
The second transaction involved the sale of two industrial buildings located at 219 Commerce Blvd. and 705 Canterbury Road in Kings Mountain. Bala Cynwyd, Pa.-based Stoltz Realty of Delaware Inc. purchased the buildings for $14.6 million. Hap Royster, John Schultz and William Woltz of Triad Commercial Properties represented the seller, Winston-Salem, N.C.-based Hanesbrands Inc., in both deals.
