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Transactions - MAY 13, 2021

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Last-mile distribution facility in Charlotte sells to EQT Exeter

by Released

Brady Holdings has sold an 83,599-square-foot last-mile logistics facility at 2708 Yorkmont Rd. in Charlotte, N.C. The sales price was not disclosed; however, the new owner is EQT Exeter, which has plans to reposition the asset, given its strategic location and appeal to a wide variety of uses.

2708 Yorkmont Rd. provides exceptional access to a network of major transportation thoroughfares, including Interstates 77, 485 and 85, which network is known as the industrial backbone of the Southeast. Situated within the high-demand Airport Industrial submarket, the facility is within minutes of some of Charlotte’s largest commercial and residential areas — Uptown, South End and South Park — and Charlotte Douglas International Airport. There are limited development opportunities within this submarket, making this an irreplaceable, last-mile location.

“Last-mile logistics facilities are in extremely high demand from both tenants and institutional capital,” said Pete

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