Jim Plyler represented Lennar Multifamily Communities on the purchase of a 5.7 acre site in Lower South End at Verbena & Gilead Streets. Lester Osborn, CCIM, SIOR and Scott Hensley, CCIM, SIOR represented the sellers of 213 Verbena St and 4615 Gilead St, two of the three parcels in the assemblage.
Lennar recently released renderings showing plans for two five-story apartment buildings on the site. Click the link below for more information.
Samartino is Named the Overall Top Industrial Producer in 2020
A huge congratulations to Christian Samartino, SIOR for being named the 2020 overall top industrial producer through the Charlotte Region Commercial Board of Realtors Deal Makers Award program. Christian’s hard work and dedication paid off as he completed 43 industrial transactions in 2020 totaling over $112 million in value.
Hensley and Osborn Represent Alliance DriveAway Solutions
The I-77 Speedway, known as the “Little Diamond of the South,” was a hot spot for dirt track racing fans for many years. The 4/10-mile clay oval located at 2657 Lancaster Highway in Chester, SC raced NDRA Crate Late Models, Super Street, Renegades, Semi-Modified 4, Sportsman Crate, and UCar until it’s closure in late 2013. Since then, the property has been used for annual equipment and tractor auctions and was later listed for sale as an industrial development site.
The 30-acre parcel was recently purchased for $1,000,000 by Alliance DriveAway Solutions, Inc. who was represented by Scott Hensley, CCIM, SIOR and Lester Osborn, CCIM, SIOR of Piedmont Properties/CORFAC International. The seller, Mosley Motor Sports, was represented by Jan Ringeling of the Moody Group | Moody Holdings & Development.
“We continue to see tremendous demand for heavy industrial sites to be used for outdoor storage of trailers, trucks, construction equipment, and other products. Due to high demand and limited supply in Mecklenburg County, our clients are expanding their searches to include sites in the ring counties around Mecklenburg. Because Alliance DriveAway was looking for a development site, the cleared and partially graded land of the I-77 Speedway became the most attractive option for significant cost savings on their future site work,” says Scott Hensley, CCIM, SIOR.
Alliance DriveAway Solutions, Inc. has announced that they will be building their Corporate Headquarters, Driver Training Facility, and Storage Lot for Semi Tractors at the former speedway location. Alliance DriveAway Solutions, Inc. is full-service provider for the moving and transportation of Class A semis throughout the United States and Canada. They are currently located in Pinehurst, North Carolina and are excited about moving the operations and corporate office to Chester County. To learn more about Alliance DriveAway Solutions, Inc., visit their website at www.alliancedriveaway.com.
2021 NC CCIM Market Forecast Takeaways
In a year that was unprecedented in so many ways, we would like to thank each of our clients and all those we worked with in 2020. Wishing you all a safe and healthy new year!
*Total transaction volume combines both sale and lease transactions for 2020
Piedmont Closes Two Industrial Investment Deals to Out of Market Buyers
Piedmont Properties/CORFAC International recently facilitated two industrial investment deals to buyers outside of the Charlotte region. The first property, an 18,200 SF industrial BTS for Heniff Transportation, was acquired by an investor from San Francisco for $5,950,000. After previously facilitating the initial build-to-suit for Heniff Transportation in 2018 including site selection, Lester Osborn, CCIM, SIOR, Scott Hensley, CCIM, SIOR, and Christian Samartino, SIOR represented the seller in the most recent transaction.
The Steele West Business Center, a portfolio of four 11,920 SF office/warehouse duplexes in Southwest Charlotte, was recently acquired by an investment firm out of St. Louis, MO for $6,800,000. Scott Hensley, CCIM, SIOR and Lester Osborn, CCIM, SIOR represented the buyer and seller in this transaction. Piedmont has been involved with this development since the first building was built in 2012. Seven of the eight spaces are currently occupied by tenants with multiple locations both domestically and internationally, and Piedmont Properties is the primary leasing company for the current 5,960 SF vacancy.
Piedmont Participates in the Holy Angels 3rd Annual Clay Shoot
We recently attended the Holy Angels 3rd Annual Clay Shoot on behalf of our friend John Barker, Jr., SIOR with Red Rock Developments. Holy Angels is an incredible organization that provides care and opportunities for people with intellectual developmental disabilities and delicate medical conditions. It was a pleasure to support this organization and enjoy an afternoon at Meadow Wood.
Hensley Participates in CORFAC International Fall Summit
As a part of the CORFAC International Fall Summit, Principal Scott Hensley, CCIM, SIOR and other professionals from across the nation led a discussion for the "Next Gen" on strategies to navigate today's market. Thank you to the following panelists for your insights:
Brody Cohen - Capacity Commercial Group LLC
Gabriel Galiothe - TRI Commercial / CORFAC International
Scott Hensley, CCIM, SIOR - Piedmont Properties/CORFAC International
Tyler Rollema - The Klabin Company
Joe Santaularia - Bradford Commercial Real Estate Services
Cole Sweatt - TRI Commercial / CORFAC International
Moderated by:
Hayim Mizrachi, CCIM - MDL Group
Scott Hensley, CCIM, SIOR Receives the Olen Monsees Award
Congrats to Principal Scott Hensley, CCIM, SIOR on being one of four 2020 CORFAC International Standards of Excellence Award winners. Scott received the Olen Monsees award which recognizes an individual member who goes above and beyond the call of duty without being asked and is considered an "unsung hero" of the network.
“I am humbled and grateful to be recognized by my fellow CORFAC members for the Olen Monsees Award,” Hensley said. “I was fortunate to know Olen well and considered him a friend who I enjoyed spending time with at conferences. For my fellow members to think I possess even a few of the great character traits of Olen is an honor.”
Scott currently serves as the chairman of the Affiliation Development Committee for CORFAC International.
Christian Samartino achieves SIOR Industrial Designation
Congratulations to Christian Samartino, SIOR for achieving the SIOR industrial designation awarded by the Society of Industrial and Office REALTORS®. This prestigious designation is awarded to commercial real estate’s top producers who have completed at least five years of credible experience in the highly specialized field of industrial real estate, met stringent education requirements, and demonstrated professional ability, competency, ethical conduct, and personal integrity.
Christian’s dedication to his work has led to the completion of over 100 transactions with an aggregate value exceeding $125,000,000 since he joined the Piedmont Properties/CORFAC International team in 2016. By specializing in heavy industrial properties specific to the transportation and construction industries, Christian has an enhanced understanding of his clients’ needs and is able to transfer his knowledge to markets across the United States. Christian plans to use this prestigious SIOR designation to network with other top producers and grow his client base both locally and nationally.
“I am excited to become an SIOR because of the networking opportunities it presents when working in other markets. Having the SIOR designation automatically adds credibility and respect to your name even if another broker doesn’t know you. I’m honored to be a part of this prestigious organization and am looking forward to the relationships I will make with other top producers.”
Osborn represents Tenant: Conklin Metal IndustrIES
Lester Osborn, CCIM, SIOR recently represented Conklin Metal Industries in the lease of 38,010 SF at the Distribution Point industrial facility in North Charlotte. The facility is located at 2111 Distribution Center Drive, Charlotte, NC 28269.
This transaction was part of a referral from Dan Granot, SIOR with Joel & Granot Real Estate/CORFAC International in Atlanta, GA.
SOLD: 9165 Northfield Drive
Christian Samartino, Lester E. Osborn, CCIM, SIOR, and A. Scott Hensley, CCIM, SIOR recently closed a deal on 9165 Northfield Drive in Indian Land, SC. The industrial property has 8.96 acres and a 1,700 SF building on site.
Samartino & McCleneghan represent buyeR
Christian Samartino and Frank McCleneghan of Piedmont Properties/CORFAC International just closed a deal at 920 Crafters Lane in Pineville, NC. The 10,010-square-foot warehouse sits on 1.14 acres and is located just off E. Westinghouse Blvd.
McCleneghan represents buyer in Elizabeth
Frank McCleneghan of Piedmont Properties/CORFAC International recently represented the buyer of a 6,490-square-foot office space in the Elizabeth neighborhood of Charlotte. The office is located at 2614 E. 7th Street, Suite B.
Leased - 1135 N. Tryon Street
Jim Plyler’s listing at 1135 N. Tryon Street has been leased. The 7,500 SF storage building was leased to Flowers Flooring. The property is zoned I-2 and has 1 acre of outdoor storage available to the new tenant.
6000 Old Concord Road - Leased
6000 Old Concord Road has been leased! Foundation Building Materials, LLC, a distributor of construction materials, took over 60,000 SF of the I-2 building. The company has over 200 branches across the country. In this deal, Lester E. Osborn, CCIM, SIOR and A. Scott Hensley, CCIM, SIOR represented the landlord.
Samartino represents buyer in College Park
Christian Samartino of Piedmont Properties/CORFAC International represented the buyer in a recent deal in College Park, Georgia. The buyer purchased 4916 Clark Howell Hwy, located just off of I-75. The industrial property has a 10,154-square-foot warehouse and 2.15 acres.
McCleneghan finds new location for tenant
Frank McCleneghan of Piedmont Properties/CORFAC International just represented a tenant in their search for a new office in Charlotte. The lease was signed at 101 W. Worthington Avenue #200 in the Design Center in SouthEnd. The office includes 2,251 SF.
Osborn, Hensley, & Samartino represent buyer
Lester E. Osborn, CCIM, SIOR, A. Scott Hensley, CCIM, SIOR, and Christian Samartino of Piedmont Properties/CORFAC International recently represented a buyer in Richburg South Carolina. The buyer purchased a 48,300 SF industrial property located at 3159 Crenshaw Parkway.
453 Atando - Sold
Lester E. Osborn, CCIM, SIOR, A. Scott Hensley, CCIM, SIOR, and Jim Plyler of Piedmont Properties/CORFAC International just closed a deal on 453 Atando Avenue. The industrial warehouse has 11,835 SF and is zoned I-2. In the transaction, Lester and Scott represented the seller and Jim represented the buyer.
Jim now has the property listed for lease. Please contact him for information! 704.375.1101