Publications

Affiliate of Zurich Alternative Asset Management sells class A distribution center in Charlotte, N.C.
Transactions - MAY 6, 2024

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Affiliate of Zurich Alternative Asset Management sells class A distribution center in Charlotte, N.C.

by Denise Moose

An affiliate of Zurich Alternative Asset Management announced that it sold CBI Distribution Center, a 60,000-square-foot, mission-critical logistics facility located in Charlotte, N.C.

JLL represented the seller in the sale to a private investor, a family investment company based in Charlottesville, Va.

The property is located at 2817 Westinghouse Blvd. and is fully leased to ONECBI, LLC, d/b/a CBI Workplace Solutions with 6.5 years of lease term remaining. It was built in 2017 and features front-load configuration, 24-foot clear heights, nine dock-high doors, one drive-in door, 10 knock-out panels and 44 parking spaces spanning 9.880 acres.

CBI Distribution Center is located two miles from the Interstate 485/Interstate 77 interchange, offering prime connectivity to the Charlotte MSA. The property is located within ten miles of Interstate 85, the logistics super corridor offering seamless connectivity to all the major markets throughout the Southeast including R

Forgot your username or password?