Vigilant Real Estate Holdings has acquired The Press, a 252,465-square-foot industrial facility located at 2001 Evans Rd. in Cary, N.C.
The Press underwent extensive renovations, transforming the originally constructed 1990 building into a highly functional industrial facility. The property features up to 40-foot clear heights and enhanced electrical capacity. The asset is 100 percent leased to a commercial printing services provider that uses the facility as a packaging and distribution hub.
Positioned within four miles of Raleigh-Durham International Airport and less than three miles from Interstate 40, The Press benefits from exceptional connectivity to major transportation corridors, including I-85, I-540 and I-440. The facility sits approximately eight miles from Research Triangle Park, the largest dedicated scientific research park in the United States and provides direct access to the Eastern Seaboard market.
JLL represented the seller in the transaction.
