June 25, 2020
Avison Young has brokered the $9.7 million sale of a 123,893-square-foot industrial property in Charlotte. Located at 1133 Upper Ashbury, the property is within five miles of Charlotte’s central business district.
Drew Coholan and John Cashion of JLL represented the buyer, Hoffman & Hoffman, which serves the HVAC and building automation industries. Henry Lobb and Chris Skibinski of Avison Young represented the private seller in the transaction.
“Recent Charlotte industrial activity is encouraging and we’re starting to see the market slowly, but steadily, ramping back up,” said Lobb. “This property received a lot of interest and shows that quality infill properties are in demand.”
For comments, questions or concerns, please contact David Cohen