Sagard Real Estate, formerly EverWest Real Estate Investors, a real estate investment advisor, announced the acquisition of a 123,200-square-foot industrial facility in Charlotte, N.C.
Situated within the South Point Business Park in Charlotte’s premier State Line submarket, the property offers excellent access to State Route 49, Carowinds Boulevard, and major interstates Interstate 77, I-485 and I-85. The State Line corridor is one of the region’s most established industrial hubs, characterized by limited new supply, strong tenant demand and exceptional connectivity that make it a preferred location for manufacturing and logistics users.
“This acquisition further strengthens our presence in one of the Southeast’s most dynamic industrial markets,” said Matt Divito, director, acquisitions at Sagard Real Estate. “Charlotte’s State Line submarket continues to demonstrate resilient fundamentals, and the property’s functionality and location align well with