GID Buys Woodland Business Park Portfolio for $119.5M
GID Industrial Advisors paid $119.5 million for 10 parcels at Woodland Business Park in north Charlotte, totaling 847,000 square feet.
GID Industrial Advisors has acquired the Woodland Business Park industrial portfolio at 3700, 3801, 3201, and 3731 Woodpark Blvd in Charlotte's Sugar Creek area. The $119.5 million deal covers nine buildings and one vacant parcel, giving GID ownership and management of 10 buildings totaling 847,000 square feet.
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The seller was La Caisse, a Canada-based pension fund, as part of a bulk sale of at least 49 industrial properties to GID. Capital One provided financing.
The acquisition makes GID the largest owner at Woodland Business Park, which comprises 12 buildings totaling 944,403 square feet of light industrial, flex, and distribution space.
The park sits near the I-85/I-77 interchange, offering direct highway access for distribution and logistics users.
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Project File
- Address
- 3700, 3801, 3201, 3731, 3300, 3301, 3400, 3500, 3530 & 3600 Woodpark Boulevard, Charlotte, NC 28206
- Sq Ft
- 847,000
The Project File tracks every fact, change, company, and article we have on this development, completed as of our latest research.
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