North Carolina industrial property

INDUSTRIAL | FAYETTEVILLE, NC

Acquisition of an industrial property in Fayetteville with easy access to major markets, various regional airports and deep-water ports

Investment highlights

  • This multi-warehouse and office space industrial property is well located 1.5 miles east of I-95 and 6 miles south of the Fayetteville Central Business District.
  • The property’s location is attractive for logistics and distribution companies, advanced manufacturers, and defense and aerospace industries due to its proximity to regional and international airports, deep-water shipping ports and rail services.
  • Fort Bragg, the largest military base in the world, along with Pope Field drive Fayetteville’s economy, bringing in $4.5 billion annually.

Location

Investment details1

Total loan size
$15,100,000
Purpose
Acquisition
LTV
72%
Date of loan
07/26/18
Year built
1974–1998
Square feet
917,959
Portfolio weight
2.5%

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