Equus Capital Partners has completed the acquisition of Greylyn Business Park for $102 million. Greylyn is a 19-building, 648,060-square-foot industrial portfolio located in Charlotte, N.C. The acquisition was completed on behalf of a value-add fund sponsored by Equus.
Greylyn is 93 percent leased to 91 tenants and offers an average suite size of approximately 6,550 square feet. Constructed between 1965 and 1998, the portfolio includes a mix of mid-bay industrial and small-bay industrial properties. The buildings feature clear heights ranging from 14 feet to 24 feet, a combination of dock-high and ground-level loading, 15 ramps, and more than 1,500 surface parking spaces, supporting a diverse tenant base across light industrial, service, and last-mile distribution users.
The portfolio is located in Charlotte’s Southeast Industrial submarket along the Monroe Road corridor with direct access to U.S. Route 74 (Independence Boulevard). The infill location provides strong
