Box Equities Buys Claremont Warehouse for $22.1M
A Box Equities affiliate paid $22.1 million for the 395,990 SF warehouse at 2555 Penny Road in Claremont, fully leased to CertainTeed.
An entity affiliated with Box Equities, in partnership with PIMCO, acquired the 395,990 SF industrial warehouse at 2555 Penny Road in Claremont for $22.1 million, or roughly $55 per SF, on October 20, 2026. Maguire Hayden Real Estate Co. was the seller; the deed was filed October 6.
The 19.4-acre property is fully leased to CertainTeed, a Saint-Gobain subsidiary. Features include 27 loading doors, 2 drive-in doors, 14-20' clear heights, a wet sprinkler system, and a 180' x 360' trailer storage lot.
County permits show dock and electrical upgrades planned under new ownership. The site sits across from Prysmian's $1 billion Claremont expansion.
- Address
- 2555 Penny Road, Claremont, NC 28610
- Sq ft
- 395,990
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