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