May 11, 2020
Wilbert Plastic Services (WPS) executed a sale-leaseback with AIC Ventures for a 126,363-square-foot, single-tenant, fully leased manufacturing facility in the Charlotte-area community of Harrisburg, NC. The building will continue to be a mission-critical location for Wilbert Plastic Services, a thermoforming and injection molding company.
Situated on 15.64 acres at 7301 Caldwell Rd., the building is along the I-85 corridor, one of the premier distribution locations within the Charlotte market, and half an hour from the WPS headquarters and thermoforming facility in Belmont.
JLL’s Industrial Capital Markets team representing the seller in the long-term, absolute net lease included Pete Pittroff, Patrick Nally, Val Derrick and Dave Andrews.
Pittroff says, “Industrial demand remains strong in the Carolina’s markets, particularly for quality assets with quality tenants. This transaction led to a positive outcome for our client, and we would like to thank AIC Ventures for their efficient approach.”
For comments, questions or concerns, please contact Dennis Kaiser