Value Add Industrial Investment, Leasing, and Disposition in Charlotte, North Carolina

In the shadows of downtown Charlotte, a regional group of seasoned investors and development partners were faced with “the perfect storm”. 460,000 Square feet of vintage manufacturing space, functionally and environmentally challenged with obvious deferred maintenance and a reroof of nearly 50% of the building needed immediately. Whiteside Industrial properties was selected as the exclusive commercial real estate firm to develop and implement a cost effective plan with the assistance of Hall Management, to right the ship and secure credit tenants in a poor economy. We successfully leased the entire complex to seven (7) Tenants and assisted the investors in their exit strategy realizing a cap rate under 6%. Please feel free to contact us to learn the rest of the story and how we did it, without investor leverage or equity.

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