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MetLife Investment Management buys Charlotte, N.C., industrial park
Strategic Capital Partners has sold Rock Hill Commerce Center Phase I, encompassing two fully leased industrial buildings totaling 792,081 square feet in the Charlotte, N.C., MSA.
The financial terms were not disclosed, but the new owner is a MetLife Investment Management client.
Delivered in early 2023, Rock Hill Commerce Center is 100 percent leased to Power Technique North America, LLC, one of the largest divisions of Swedish-based Atlas Copco AB, and Logistics Plus, a leading worldwide provider in the logistics industry. Building A consists of 294,092 square feet with rear-load configuration, while Building B is 497,989 square feet with a cross-dock configuration. The buildings are the initial phase in a two-phase, four-building 1 million-square-foot master-planned industrial park.
Rock Hill Commerce Center near Interstates 77 and 85, the Southeast’s main north/south and east/west transportation arteries, and the I-485 beltway loop, providing access to the