Foundry Commercial Brokers the Sale of Two Light Industrial Condos in Southwest Charlotte Submarket

Posted on June 25, 2020

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Only one available industrial condo remains for sale in the Dogwood South Industrial Center.

Charlotte, N.C. (June 25, 2020) - Foundry Commercial, a full-service real estate services and investment firm, continues to fuel industrial sales momentum as the company today announced the sale of two light industrial condos in the Dogwood South Industrial Center. Located in Charlotte’s southwest submarket, known as the Carolina’s largest industrial submarket, these sales represent the third and fourth that Foundry has completed at this center alone.

Foundry’s Casey Mulhern represented the seller – developer Jack Spencer and Chandler England of Dogwood Holdings LLC – in the recent transactions. At this time, there is only one remaining condo for sale.

“In spite of the global spread of COVID-19, we have stayed the course and continue to close transactions on behalf of our clients. The sale of these two light industrial condos drives home the fact that the Charlotte market remains healthy during what many consider an uncertain economic time,” stated Mulhern. “The Dogwood South Industrial Center is set apart from other availabilities in the area, offering smaller businesses the rare opportunity to own brand-new light industrial property in a location with great access to I-485 and I-77.”

The two properties – located in units C and E at 10815 John Price Road, Charlotte, NC 28273 – accounted for 5,980 square feet and 6,164 square feet, respectively. The Dogwood South Industrial Center offers owners and tenants 12' x 14' oversized drive-in doors, 18’ clear height, a shared dock for loading and unloading, ± 866 square feet of office space per suite, and I-1 zoning. Additionally, the property is located less than three miles from I-77 and I-485. For more information about the property, contact Foundry Commercial’s Casey Mulhern at 704-705-1182 or casey.mulhern@foundrycommercial.com.

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About Foundry Commercial Foundry Commercial is a full-service real estate services and investment company with over 350 employees and more than 58 million square feet of management and leasing across the Southeast and Texas. Since 2007, Foundry has provided leasing, brokerage, building management, corporate services, and project management services, and is the largest real estate service provider to religious and not-for-profit organizations in the country. Foundry also includes a development and investment platform that is fully integrated into its services business, leveraging its local market expertise to control more than one billion in advantaged investment opportunities with their JV partners. For more information, visit www.foundrycommercial.com.

Media Contact:
Lauren Leetun, APR Director of Public Relations Lauren.Leetun@foundrycommercial.com
407-592-7923