Cabot Properties Pays $105.5M ($128.50psf) for 2 Huntersville Warehouses built by Strategic Capital Partners (SCP)

  • 10/4/2024

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Strategic Capital Partners (SCP) has sold two buildings at its 77 Beltway industrial park in Huntersville. Cabot Properties paid $105.5 million for the properties, which totaled 821,000 square feet. The buildings sold to Cabot are 505,513 and 315,896 square feet.

The Charlotte Business Journal reports that SCP still has land holdings at 77 Beltway and plans to develop a third building there. The building will likely be around 200,000 square feet, and SCP hopes to start construction next year.

Cabot Properties
Mike McCarthy | Managing Director, Investments, Eastern Region

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