Accordia expands into Charlotte, North Carolina

Charlotte, NC — Accordia has announced the acquisition of a 35,542 s/f shallow bay industrial building in the Southwest submarket of Charlotte, NC. This marks their first acquisition outside of the Northeast as they focus on their expansion down the East Coast.

The property, located at 14301 South Lakes Dr. and constructed in 1985, comprises highly functional, light industrial space, lending itself to a variety of flex and distribution users. The rear-load facility features a glass exterior, an 18-ft. clear height, dock-high and drive-in loading positions, a 140-foot-deep truck court, and ample parking. The property was fully leased to three tenants at the time of sale.

Located within the South Point Business Park in Charlotte’s Southwest industrial submarket, the property offers convenient access to I-77 and I-485 via Carowinds Blvd. and South Tryon St.

“14301 South Lakes Drive marks Accordia’s first acquisition in the Carolinas as we look to expand outside of the Northeast,” said Matthew Pizzolato, Accordia’s executive VP and head of Acquisitions and Capital Markets. “This acquisition builds on our strategy to acquire highly functional, shallow bay industrial in infill locations below replacement costs.”