CORFAC News

Local press contact:
Brandie Redd
704.375.1445
bredd@piedmontproperties.com

Charlotte, NC (December 6, 2012) – Piedmont Properties/CORFAC International, a  leading  full-service commercial real estate provider serving the Charlotte market and surrounding areas, today  announced the completion of the sale of an industrial building located at 5010 Hovis Road.  The property measures 41,415 square feet on 7.26 acres.

The property was sold by Univar USA, Inc. of Redmond, WA to Unik Transportation (DLG Investments, LLC) of Chicago, IL for $600,000.

A. Scott Hensley, CCIM, SIOR and Lester E. Osborn, CCIM, SIOR represented the seller in the transaction.

Unik Transportation is a truck load trucking company based out of Chicago, Illinois.  They were attracted to Charlotte and the southeast because of the availability of truck drivers.  The property will be Unik’s southeast terminal and will also allow them expand their warehousing and distribution services.

“It’s refreshing to see existing industrial buildings being purchased and rehabbed by the new owners as opposed to demolishing and building new,” said Lester E. Osborn, CCIM, SIOR, Principal, Piedmont Properties/CORFAC International.

About Piedmont Properties/CORFAC International
Piedmont Properties of the Carolinas, Inc. is a commercial real estate firm located in Charlotte, North Carolina established in 1993 in response to demand for a highly responsive and focused firm offering full service commercial real estate expertise to private sector clients, including entrepreneurs and publicly traded entities alike. Piedmont Properties’ vision is to be and build upon our reputation as a high quality, client-oriented real estate service firm offering our services to local and worldwide corporations.  Piedmont Properties brings a team approach to the services we provide to our clients by bringing to the table at any one time a team of real estate professionals who can meet the objectives of our clients. Our brokers provide clients with experience in sales and leasing; tenant representation; site selection; disposition; investments; tax-deferred exchanges; build-to-suit; and real estate evaluations.  For more information on Piedmont Properties/CORFAC International visit: www.piedmontproperties.com or call 704.375.1101. 

About CORFAC International
CORFAC International (Corporate Facility Advisors) is distinguished by the way it manages multi-market commercial real estate assignments on behalf of corporate entities and privately owned companies.  Founded in 1989, U.S.-based CORFAC is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services in North America, with coverage in South America provided by Panama-based Latin American Corporate Property Services. A Principal Member of FIABCI – the International Real Estate Federation with global affiliates in Europe and Asia, CORFAC International offers commercial real estate services with market reach in 65 countries worldwide. In recent years, CORFAC firms have averaged 10,000 completed transactions annually encompassing nearly 100 million square feet and valued at more than $6 billion. For more information on CORFAC, contact 703.532.6160 or visit www.corfac.com.