Cushman & Wakefield announced the firm has arranged the $32 million sale of a newly built 159,492-square-foot Class A spec industrial facility within the Park at Huntersville,
which is situated in Charlotte’s STEM corridor. The facility has been fully pre-leased and will serve as the new global headquarters for Safeguard Medical, a global market leading provider of emergency medical products, technologies, and skills training programs used by first responders and military personnel.
Cushman & Wakefield’s Rob Cochran, Nolan Ashton, Bill Harrison, and Josh McGee represented the seller in the transaction. Fermin DeOca and Matt Treble of Cushman & Wakefield also provided local leasing expertise. The facility was sold by a joint venture between Edgewater Ventures and an institutional equity partner and acquired by a private investor.
“This facility was a rare opportunity to acquire an irreplaceable core industrial asset in the booming Charlotte metro area that will have stable cash flow and be anchored by a prominent global medical supply tenant,” said Cochran, Executive Director at Cushman & Wakefield.
Safeguard Medical will use the property as a mission-critical facility consolidating global manufacturing, logistics, and front office operations under one roof to operate more efficiently and support future business expansion.
Located at 13359 Reese Blvd. East in Huntersville, North Carolina, the industrial facility was built with versatility in mind and offers 30-foot clear heights, 49 potential dock-high positions, 28 trailer parking spaces, 155 auto parking spaces, and a 130-to-200-foot truck court. The facility is also positioned in one of the market’s most dynamic industrial hubs and sits among prominent STEM-oriented industrial users while also benefiting from unparalleled access to the greater Charlotte Region via major regional thoroughfares